Category Archives:
Lordstown Motors founder sells remaining stake in EV startup
(Reuters) - Lordstown Motors founder and former CEO Stephen Burns has sold his entire stake in the electric-vehicle maker, according to a regulatory filing. The company in May implemented a reverse st...
Jun 22, 2023
UPDATE: No survivors from missing Titanic sub – OceanGate
UPDATED 2:10 P.M. (Reuters) -The five people aboard a missing submersible are thought to be dead, according to the company that owns the vessel, bringing a grim end on Thursday to the massive search f...
Jun 22, 2023
World Bank lends Tunisia $268 million for power line with Italy
TUNIS (Reuters) - The World Bank Group has lent Tunisia $268.4 million to finance an electrical interconnection project with Italy that will link the energy networks between Tunisia and Europe, TAP st...
Jun 22, 2023
US existing home sales edge up but prices drop by most since 2011
(Reuters) - U.S. existing home sales ticked higher in May to snap a two-month skid with condominium sales accounting for the modest gain, and selling prices nationally fell from a year earlier by the ...
Jun 22, 2023
Fed’s Bowman says more rate increases needed
By Howard Schneider WASHINGTON (Reuters) - U.S. Federal Reserve Gov. Michelle Bowman said Thursday that "additional policy rate increases" will be needed to control inflation she feels has essentially...
Jun 22, 2023
Warren Buffett’s charitable giving tops $51 billion
By Jonathan Stempel (Reuters) - Warren Buffett has donated another $4.64 billion of Berkshire Hathaway stock to five charities, boosting his total giving since 2006 to more than $51 billion. The annua...
Jun 22, 2023
Fortress Investment Group may acquire bankrupt Vice Media – NYT
(Reuters) - A group of buyers including Fortress Investment Group is set to take over Vice Media after bidding $225 million for the bankrupt company, the New York Times reported on Thursday, citing pe...
Jun 22, 2023
US safety board chair vows accountability, recommendations in Ohio derailment
WASHINGTON (Reuters) - National Transportation Safety Board chair Jennifer Homendy on Thursday vowed to ensure accountability and propose new safety recommendations in its investigation into the Feb. ...
Jun 22, 2023
IMF has hit $100 billion target of SDRs for vulnerable countries – Georgieva
PARIS (Reuters) - The International Monetary Fund has reached its target of making $100 billion in special drawing rights available for vulnerable countries, Managing Director Kristalina Georgieva tol...
Jun 22, 2023
Self-driving firm Kodiak inks deal to equip 800 Loadsmith trucks
SAN FRANCISCO (Reuters) - Autonomous truck technology firm Kodiak Robotics will equip its self-driving software in 800 trucks for logistics platform Loadsmith, the companies said in a statement on Thu...
Jun 22, 2023
Peoria, IL, USA
43 °F Overcast
