Category Archives:
McDonald’s defeats Black franchisees’ $1-billion bias lawsuit, for now
By Daniel Wiessner (Reuters) - McDonald's Corp has temporarily beat back a lawsuit by 52 Black former franchise owners who claim the fast-food giant set them up for failure by steering them towards cr...
Oct 04, 2022
Micron plans to invest up to $100 billion in semiconductor factory in New York – NYT
(Reuters) - Chipmaker Micron Technology is planning to invest as much as $100 billion over the next 20 years to build a computer chip factory complex in upstate New York, the New York Times reported o...
Oct 04, 2022
Tourism revenues on the mend in Mediterranean countries
(Reuters) - Even if the number of visitors has still not quite recovered to pre-pandemic levels, Mediterranean countries are enjoying a much-needed boost as inflation and a strong sector recovery lift...
Oct 04, 2022
Chemical maker Sika sets higher sales goal for 2023, hikes 2022 outlook
By John Revill ZURICH (Reuters) -Sika expects to increase its sales between 15% and 18% next year, the Swiss company said on Tuesday, after raising its 2022 outlook and putting a chunk of the former B...
Oct 04, 2022
U.S. shale producers to stay on sidelines if OPEC+ slashes output
By Liz Hampton and Arathy Somasekhar (Reuters) - A big oil production cut by OPEC+ members will not spur new U.S. oil and gas production, energy executives told Reuters, despite the likely rise in pri...
Oct 04, 2022
OPEC+ supply cuts loom over already tight oil market
By Shadia Nasralla, Ron Bousso and Julia Payne LONDON/GENEVA (Reuters) - OPEC+ producers look set to cut output when they meet on Wednesday, squeezing supply in an oil market that energy company execu...
Oct 04, 2022
Explainer-What is LDI? Liability-Driven Investment strategy explained
By Huw Jones LONDON (Reuters) - The Bank of England intervened in the UK government bond market to rein in gilt yields, which rocketed after Britain unveiled a welter of tax cuts to be funded by borro...
Oct 04, 2022
Colombia’s central bank could raise benchmark interest rate further
BOGOTA (Reuters) - Further increases to Colombia's benchmark interest rate may be necessary in the coming months as the central bank tries to bring inflation in line with its 3% target, according to m...
Oct 04, 2022
Republican U.S. Senate hopeful Herschel Walker denies report he paid for abortion
WASHINGTON (Reuters) - Republican U.S. Senate candidate Herschel Walker, who has said he opposes abortion with no exceptions, has denied a media report that he paid for a girlfriend's abortion in 2009...
Oct 04, 2022
U.S. asks Congo to pull some oil blocks from auction to protect forests
KINSHASA (Reuters) - U.S. climate envoy John Kerry has asked Democratic Republic of Congo to withdraw some of the oil blocks it has put up for auction in order to protect forests, he said on Tuesday o...
Oct 04, 2022
Peoria, IL, USA
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