Category Archives:
US credit default swaps flash default warning and speculators rush in
By Shankar Ramakrishnan and Nell Mackenzie (Reuters) - A measure of U.S. default risk is flashing red as talks over the government's debt ceiling drag on, with speculation driven by the lure of a quic...
May 25, 2023
Biden lauds leadership skills of his pick for top US general
WASHINGTON (Reuters) - Praising his leadership and even his culinary skills, President Joe Biden on Thursday formally announced his nomination of Air Force chief General Charles Q. Brown as the top U....
May 25, 2023
Ford CEO says China main EV rival, not GM, Toyota
By David Shepardson (Reuters) - Ford Motor Co CEO Jim Farley said on Thursday Chinese electric vehicle makers are its main rivals in the sector, but the company has hurdles competing on cost at a smal...
May 25, 2023
Fire at apartment building Thursday in North Peoria
PEORIA, Ill. – No one was injured after a fire at a three-story apartment building in North Peoria on Thursday. The Peoria Fire Department says the call for the fire at West Marigold Dr. and Nor...
May 25, 2023
Explainer-What would happen to a Treasury after default? Six key questions
By Karen Brettell (Reuters) - The U.S. Treasury Department is at risk of defaulting on its debt if Congress doesn't act to lift the debt ceiling before it is reached, which could happen as soon as Jun...
May 25, 2023
Factbox-Rulings by US Supreme Court during its current term
(Reuters) - The U.S. Supreme Court has issued several important rulings during its current term that began last October and is due to decide its remaining cases by the end of June including disputes i...
May 25, 2023
Grain trader Viterra in talks to merge with rival Bunge – source
By Anirban Sen (Reuters) - Global grain trader Viterra is in talks to merge with U.S. rival Bunge Ltd, according to a person familiar with the matter. There is no certainty that Viterra, part-owned by...
May 25, 2023
At APEC trade meeting, union leaders call for new ‘balance’ with China
By Joseph White DETROIT (Reuters) - U.S. trade policy with China and other nations must strike a more equitable balance between needs of workers and corporate profits, leaders of two big U.S. unions s...
May 25, 2023
Impossible Foods accused of misusing private investigators in meat-substitute patent fight
By Blake Brittain (Reuters) - Motif Foodworks told a Delaware federal court that plant-based meat rival Impossible Foods improperly hired private investigators who donned fake identities to solicit in...
May 25, 2023
Bill would allow noncitizens in Illinois to obtain standard driver’s licenses
SPRINGFIELD, Ill. – Noncitizens in Illinois may soon be able to obtain standard driver’s licenses. A bill awaiting signature on Governor J.B. Pritzker’s desk would allow for it. Curr...
May 25, 2023
Peoria, IL, USA
67 °F Partly cloudy
