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Dow cuts second-quarter revenue forecast on demand, pricing woes
(Reuters) - Chemical maker Dow Inc forecast second-quarter revenue below market expectations on Wednesday, citing slower macroeconomic activity and lower pricing levels. The company now expects revenu...
Syndicated Content May 31, 2023
Exclusive-Mexico mulls benefits of Banamex purchase, eyes synergies with state bank
By Anthony Esposito MEXICO CITY (Reuters) - Mexico is evaluating whether buying Citigroup Inc's Mexican consumer unit would help boost financial inclusion, potentially in combination with a state-run ...
Syndicated Content May 31, 2023
Bank of Mexico signals ‘prolonged’ interest rate hold
By Brendan O'Boyle and Isabel Woodford MEXICO CITY (Reuters) - Mexico's central bank on Wednesday signaled it would hold the country's benchmark interest rate at its current all-time high for an exten...
Syndicated Content May 31, 2023
Texas governor names interim attorney general to replace impeached Paxton
By Brad Brooks (Reuters) - Texas Governor Greg Abbott on Wednesday appointed an interim attorney general to fill in for Ken Paxton, who was impeached last week on allegations of corruption and other i...
Syndicated Content May 31, 2023
J&J faces new trial over talc cancer claims, amid settlement push
By Brendan Pierson (Reuters) - Johnson & Johnson on Wednesday faced the first trial in almost two years over claims that asbestos in its baby powder and other talc products cause cancer, as it seeks t...
Syndicated Content May 31, 2023
U.S. banks sink on concerns about office real estate loans
By Sinad Carew (Reuters) - Shares of U.S. banks, both major and mid-sized, sharply underperformed the broader market on Wednesday with the S&P 500 Banks Index down 2.0% while the benchmark S&P 500's f...
Syndicated Content May 31, 2023
Argentine central bank logs biggest U.S. dollar purchase in five months
BUENOS AIRES (Reuters) - Argentina's central bank purchased $451 million of foreign currency on Wednesday to bolster its dwindling hard currency reserves, after daily sales from farm exports topped $1...
Syndicated Content May 31, 2023
Factbox-Who is Mike Pence, Republican 2024 presidential hopeful?
By Moira Warburton WASHINGTON (Reuters) - Former U.S. Vice President Mike Pence will launch his campaign for the 2024 Republican presidential nomination on June 7, three sources familiar with the plan...
Syndicated Content May 31, 2023
Morgan Stanley expects trading, investment banking results to weaken
NEW YORK (Reuters) - Morgan Stanley expects to its revenue from trading and investment banking to slump in the second quarter given a more challenging economic environment, co-president Andy Saperstei...
Syndicated Content May 31, 2023

UPDATE: Sorensen votes in favor of debt ceiling bill, LaHood votes against it
UPDATED 9:31 P.M. WASHINGTON, D.C. – “This is a compromise that I can agree to.” Those were some of the words Wednesday afternoon of 17th District Congressman Eric Sorensen, ahead of...
Will Stevenson May 31, 2023
Peoria, IL, USA
53 °F Sunny
