Category Archives:
Space and Time valued at $300 million after Microsoft venture arm-led fundraise
By Medha Singh (Reuters) - Space and Time, a decentralized data analytics platform, secured $20 million in funding from a group of investors led by Microsoft venture capital arm M12, valuing the compa...
Syndicated Content Sep 27, 2022
U.S. FDA to review fewer emergency use requests for COVID tests
(Reuters) - The U.S. Food and Drug Administration said on Tuesday it will now review only a small number of emergency use authorization requests for COVID tests that are likely to have a significant b...
Syndicated Content Sep 27, 2022
Analysis-Loonie bulls reel as Bank of Canada trails Fed on terminal rate bets
By Fergal Smith TORONTO (Reuters) - As higher borrowing costs slow Canada's outsized housing market, investors are betting the Bank of Canada will raise interest rates to a lower end-point than the Fe...
Syndicated Content Sep 27, 2022
U.S. new home sales unexpectedly rise in August
WASHINGTON (Reuters) - Sales of new U.S. single-family homes unexpectedly increased in August, but the rebound is likely temporary, with the 30-year fixed mortgage rate soaring to levels last seen dur...
Syndicated Content Sep 27, 2022
Celsius CEO steps down amid bankruptcy proceedings
By Mehnaz Yasmin and Hannah Lang (Reuters) -Celsius Network said on Tuesday Chief Executive Officer Alex Mashinsky has decided to step down and the bankrupt crypto lender appointed finance chief Chris...
Syndicated Content Sep 27, 2022
Emerson to sell Russia business to local management
(Reuters) - Emerson Electric Co said on Tuesday it would sell its Russian business to the local management team for an undisclosed amount, marking the U.S. industrial firm's exit from the country. The...
Syndicated Content Sep 27, 2022
Italy sees 2023 deficit below 5% of GDP despite slashing growth outlook, sources say
By Giuseppe Fonte ROME (Reuters) - Italy sees its 2023 budget deficit below 5% of national output despite a darkening economic outlook triggered by the energy crisis, three sources close to the matter...
Syndicated Content Sep 27, 2022
Golfer Phil Mickelson, others drops out of lawsuit against PGA Tour in LIV fight
WASHINGTON (Reuters) - Golfer Phil Mickelson and other notable golfers dropped out of a lawsuit on Tuesday which had been filed against the PGA Tour last month over its decision to suspend players who...
Syndicated Content Sep 27, 2022
UK tax cuts raise stakes for debt sustainability, Scope credit rating agency warns
LONDON (Reuters) - Britain's new tax cut and spending plans will push up its debt levels and raise the stakes in terms of the sustainability of the country's public finances, credit rating agency Scop...
Syndicated Content Sep 27, 2022

Pritzker announces $450M UI Trust Fund payment, Republicans say ‘not good enough’
CHICAGO - Gov. JB Pritzker and the Illinois Department of Employment Security will be making a payment of $450 million toward the remaining $1.8 billion borrowed under Title XII of the Social Security...
Julia Bradley Sep 27, 2022
Peoria, IL, USA
55 °F Sunny
