Category Archives:
Amazon’s predicts profit slump during holidays, crushing shares
(Reuters) - Amazon.com Inc on Thursday forecast costs might eviscerate its profit for the current quarter, as early holiday marketing does little to boost sales growth and as labor and delivery expens...
Oct 27, 2022
Intel looks to cut workers to reduce costs, adjusts down forecast
By Chavi Mehta and Jane Lanhee Lee (Reuters) -Chipmaker Intel Corp on Thursday cut its 2022 revenue forecast for the second time this year and Chief Executive Pat Gelsinger, asked about potential layo...
Oct 27, 2022
Volkswagen says to invest $763.5 million to modernize Mexico plant
MEXICO CITY (Reuters) - Volkswagen will invest $763.5 million between 2022 and 2025 to modernize its plant in the Mexican state of Puebla, it said in a statement Thursday. (Reporting by Isabel Woodfor...
Oct 27, 2022
EU approves effective ban on new fossil fuel cars from 2035
BRUSSELS (Reuters) - The European Union struck a deal on Thursday on a law to effectively ban the sale of new petrol and diesel cars from 2035, aiming to speed up the switch to electric vehicles and c...
Oct 27, 2022
Teen indicted by grand jury on weapons charges
PEORIA, Ill. – A Peoria County grand jury did not file all the charges a Peoria teen was arrested on in connection with an allegedly stolen vehicle earlier this month. The grand jury this week i...
Oct 27, 2022
New York police say extremists could pose threat as election nears – media reports
By Tyler Clifford NEW YORK (Reuters) - The New York Police Department has called for "elevated vigilance" ahead of the U.S. midterm elections, warning that extremists could target political events and...
Oct 27, 2022
School report card: Illinois gaining graduates, Peoria schools gaining ground
SPRINGFIELD, Ill. — The state’s annual school report card has been released and it shows there were more high school graduates across Illinois this past year than any school year in the pa...
Oct 27, 2022
Swedish Match recommends shareholders accept Philip Morris’ sweetened offer
(Reuters) - Tobacco company Swedish Match AB on Thursday recommended that shareholders accept Marlboro maker Philip Morris International Inc's raised buyout bid for the company. Although Philip Morris...
Oct 27, 2022
Relatives of Uvalde victims call on ‘disgraced’ Texas public safety director to resign
By Brendan O'Brien (Reuters) - Relatives of children killed in the Uvalde school shooting confronted the Texas public safety director on Thursday and demanded he resign over the failure of his agency'...
Oct 27, 2022
Germany’s Continental announces $210 million Mexico expansion
MEXICO CITY (Reuters) - German auto parts maker Continental AG said on Thursday it will invest around 210 million euros ($209.48 million) in the Mexican state of Guanajuato, with plans to open a new f...
Oct 27, 2022
Peoria, IL, USA
78 °F Sunny
