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Uncertainty clouds US transition at Mexico border as new rules take effect
By Daina Beth Solomon and Julio-Cesar Chavez CIUDAD JUAREZ, Mexico/EL PASO, Texas (Reuters) - The Biden administration began implementing a sweeping policy shift at the U.S.-Mexico border on Friday as...
Syndicated Content May 12, 2023
Stellantis, LGES implementing ‘contingency plans’ for battery plant in Canada
OTTAWA (Reuters) - Automaker Stellantis and South Korea's LG Energy Solution (LGES) are implementing "contingency plans" related to a more-than C$5 billion battery plant investment plan in Canada beca...
Syndicated Content May 12, 2023
Fed’s Bullard: disinflation prospects ‘good’ but not guaranteed
PALO ALTO, Calif. (Reuters) - St. Louis Federal Reserve Bank President James Bullard, an early and vocal supporter within the U.S. central bank of rapid interest-rate hikes to beat back soaring inflat...
Syndicated Content May 12, 2023
Fed’s Jefferson, Biden’s vice chair pick, says Fed ‘on track’
PALO ALTO, Calif. (Reuters) - The Federal Reserve is "on track" to doing what is necessary to meet the two mandates Congress has given it, Fed Governor Philip Jefferson said on Friday: bring inflation...
Syndicated Content May 12, 2023
JPMorgan opposes class-action status for Epstein accusers
By Jonathan Stempel NEW YORK (Reuters) - JPMorgan Chase & Co on Friday asked a federal judge to deny class-action status to more than 100 women who said the bank helped enable the late financier Jeffr...
Syndicated Content May 12, 2023
Data of 237,000 US government employees breached
By David Shepardson WASHINGTON (Reuters) - The personal information of 237,000 current and former federal government employees has been exposed in a data breach at the U.S. Transportation Department (...
Syndicated Content May 12, 2023
Soros Fund Management cut Tesla stake, added Netflix in 1st quarter
By David Randall NEW YORK (Reuters) - Soros Fund Management, the family office of billionaire George Soros, slashed its stakes in electric vehicle makers Tesla Inc and Rivian Automotive in the first q...
Syndicated Content May 12, 2023
G7 finance chiefs agree on scheme to diversify global supply chain – draft communique
NIIGATA, Japan (Reuters) - Finance leaders of the Group of Seven (G7) advanced economies agreed to create a scheme to diversify global supply chains that will "contribute to safeguarding energy securi...
Syndicated Content May 12, 2023
Exclusive: G7 summit statement to target China’s ‘economic coercion’ – source
By Trevor Hunnicutt WASHINGTON (Reuters) - Leaders of the Group of Seven (G7) countries are set to issue a statement of concern about China's use of "economic coercion" in its dealings abroad when the...
Syndicated Content May 12, 2023
Luminar Tech CEO to acquire majority stake in Forbes – WSJ
(Reuters) -Luminar Technologies CEO Austin Russell is buying a majority stake in Forbes Global Media Holdings in a deal that values the business news publisher at nearly $800 million, the Wall Street ...
Syndicated Content May 12, 2023
Peoria, IL, USA
43 °F Thunderstorm In Vicinity, Light Rain, Mist
