Category Archives:
Footwear maker Crocs plans to outrun supply chain woes; shares jump
(Reuters) - Crocs Inc raised the lower end of its annual revenue forecast, as it prepares to counter supply constraints by shifting some production out of Vietnam where factory shutdowns have pinched ...
Oct 21, 2021
Fed should let its balance sheet shrink over next couple of years – Waller
(Reuters) - The U.S. Federal Reserve should let its $8 trillion balance sheet reduce over the next couple of years, Fed Governor Christopher Waller said on Thursday. "There is no reason to keep it tha...
Oct 21, 2021
Manchin: lawmakers close to a top-line number for U.S. spending bill
WASHINGTON (Reuters) -U.S. Senator Joe Manchin said on Wednesday he believed Democratic lawmakers were getting close to agreeing on a top-line figure for spending legislation that contains some of Pre...
Oct 21, 2021
Sharing data with stakeholders key to reduce supply chain disruptions, Renault exec says
MILAN (Reuters) - Automakers have a lot of data they can share with suppliers, logistic partners and governments to help reduce supply chain disruptions, Renault alliance group VP of supply chain Jean...
Oct 21, 2021
U.S. safety board says driver, passenger seats occupied during fatal Tesla crash
By David Shepardson WASHINGTON (Reuters) - The National Transportation Safety Board (NTSB) said on Thursday that both the driver and passenger seats were occupied during an April 17 fatal crash of a T...
Oct 21, 2021
Mozambique urges Credit Suisse to fully cancel scam-linked debt
JOHANNESBURG (Reuters) -Mozambique on Thursday called on Credit Suisse to fully cancel debt estimated at $2 billion linked to a scandal involving the bank, ten times more than it has offered to write ...
Oct 21, 2021
Fed ethics office cautioned policymakers last year about personal securities trading -NYT
By Howard Schneider WASHINGTON (Reuters) - Federal Reserve ethics officials in March 2020 cautioned Fed policymakers about personal securities trading as the central bank geared up for what became a m...
Oct 21, 2021
World Bank sees ‘significant’ inflation risk from high energy prices
By Andrea Shalal WASHINGTON (Reuters) - Energy prices are expected to inch up in 2022 after surging more than 80% in 2021, fueling significant near-term risks to global inflation in many developing co...
Oct 21, 2021
U.S. existing home sales surge to 8-month high in September
WASHINGTON(Reuters) - U.S. home sales surged to an eight-month high September, but higher prices as supply remains tight are squeezing out first-time buyers from the housing market. Existing home sale...
Oct 21, 2021
Exxon plans to increase carbon capture at Wyoming facility
(Reuters) - Exxon Mobil said on Thursday it plans to expand carbon capture and storage (CCS) at its LaBarge, Wyoming facility and had started the process for engineering, procurement and construction ...
Oct 21, 2021
Peoria, IL, USA
42 °F Mist
