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Amazon issued 13,000 disciplinary notices at single U.S. warehouse
(Note: This story has strong language in paragraph 28) By Jeffrey Dastin NEW YORK (Reuters) - Amazon worker Gerald Bryson had hand-counted thousands of items in his warehouse's inventory over three da...
Jul 12, 2022
Computer chips face toilet paper hoarding moment as shortage turns to glut
By Jane Lanhee Lee OAKLAND, Calif. (Reuters) - A supply chain crisis triggered by the global pandemic deprived makers of PCs and smartphones to cars of computer chips needed to make their products. Al...
Jul 12, 2022
Analysis-Spirit Airlines winning bidder may need years to recoup price tag
By Angelique Chen, Anirban Sen and David Carnevali (Reuters) - The bidding war for Spirit Airlines Inc between Frontier Group Holdings Inc and JetBlue Airways Corp may leave the acquirer taking years ...
Jul 12, 2022
Analysis-Investors wary of cheap U.S. bank stocks on recession fears
By Sinad Carew (Reuters) - Investors are bracing for a fresh slide in banking stocks, with fears of a hit from a potential recession outweighing the lure of relatively cheap valuations and a strong lo...
Jul 12, 2022
Russia fines Apple over alleged data storage violation – Ifax
(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine) MOSCOW (Reuters) - A Moscow court fined U.S. tech giant Apple 2 million roubles ($33,90...
Jul 12, 2022
Motive Partners raises $2.5 billion fintech-focused fund
By Emma-Victoria Farr LONDON (Reuters) - Private equity firm Motive Partners said on Tuesday it has raised $2.54 billion for its second flagship fund focused on technology-enabled financial and busine...
Jul 12, 2022
Yellen sees yen’s depreciation, says intervention only warranted in ‘rare’ cases
By Andrea Shalal TOKYO (Reuters) - U.S. Treasury Secretary Janet Yellen on Tuesday acknowledged the Japanese yen's substantial depreciation in recent weeks, but said the U.S. view remained that curren...
Jul 12, 2022
UK public inflation expectations cool: Bank of America survey
LONDON (Reuters) - The British public's expectations for inflation in future years receded in recent weeks to the lowest level in almost a year, a survey showed on Tuesday in welcome news for Bank of ...
Jul 12, 2022
Brazil’s growth spurt shadowed by concerns over spending plans – Reuters poll
By Gabriel Burin BUENOS AIRES (Reuters) - Brazil's growth spurt this year has been overshadowed by worries about an increasing number of hastily put-together spending plans ahead of October's presiden...
Jul 12, 2022
German investor morale nosedives in July
BERLIN (Reuters) - German investor sentiment fell sharply in July, weighed down by major concerns about Germany's energy supply, pandemic-related lockdowns in China and the ECB's announced interest ra...
Jul 12, 2022
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