Category Archives:
Peloton to cut about 12% of workforce in turnaround attempt -WSJ
(Reuters) -Peloton Interactive is planning to cut about 12% of its workforce in its fourth round of layoffs so far this year, the Wall Street Journal reported on Thursday, citing a company statement. ...
Oct 06, 2022
Porsche overtakes Volkswagen as Europe’s most valuable carmaker
BERLIN (Reuters) - Porsche took pole position as Europe's most valuable automaker on Thursday, overtaking former parent Volkswagen as the price of the sportscar maker's newly-listed shares sped higher...
Oct 06, 2022
Analysis-World central banks caught in the Fed’s slipstream
By Francesco Canepa FRANKFURT (Reuters) - The world's central bankers are caught up in a race to curb inflation that only the Federal Reserve can stop. The U.S. central bank has embarked on its most a...
Oct 06, 2022
Futures fall as high oil prices stoke inflation worries; Tesla falls
By Ankika Biswas (Reuters) - U.S. stock index futures fell on Thursday as rising oil prices exacerbated inflation worries, while high-growth stock Tesla fell on worries over funding for Elon Musk's pr...
Oct 06, 2022
Arson cause of overnight fire in Peoria
PEORIA, Ill. — Peoria fire crews were called around 2:45 a.m. Thursday to a home in the area of W. Freemont and S. Ligonier Streets. Fire Battalion Chief Jeffrey Hascall said firefighters arrive...
Oct 06, 2022
IMF should issue new reserves to help countries tackle overlapping crises – groups
By Andrea Shalal WASHINGTON (Reuters) - The International Monetary Fund should issue $650 billion in new emergency reserves to help its member countries grapple with overlapping health, food, energy a...
Oct 06, 2022
Retailers staff up to prep for return of in-store holiday shopping
By Siddharth Cavale and Uday Sampath Kumar NEW YORK, October 6 (Reuters) -Several major retailers including Walmart are directing the majority of their holiday hires to work on store floors this year ...
Oct 06, 2022
French author Annie Ernaux wins 2022 Nobel Prize for Literature
STOCKHOLM (Reuters) -French author Annie Ernaux won the 2022 Nobel Prize in Literature "for the courage and clinical acuity with which she uncovers the roots, estrangements and collective restraints o...
Oct 06, 2022
Yellen to announce first $1 billion Treasury loan for multilateral Clean Technology Fund
By Andrea Shalal WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen on Thursday will announce a $950 million loan to the Clean Technology Fund (CTF), a multilateral trust fund that helps deve...
Oct 06, 2022
Explainer-What do Lula and Bolsonaro propose for Brazil fiscal policy?
By Bernardo Caram BRASILIA (Reuters) - Both of Brazil's presidential candidates, President Jair Bolsonaro and former President Luiz Inacio Lula da Silva, have proposed changes to the constitutional sp...
Oct 06, 2022
Peoria, IL, USA
81 °F Sunny
