Category Archives:
Chevron tops estimates with Q1 profit gain despite slide in oil prices
By Sabrina Valle HOUSTON (Reuters) - Oil major Chevron Corp beat market expectations on Friday as profit nudged higher in the first-quarter, with earnings from refining compensating for a slide in ene...
Apr 28, 2023
First Republic shares gain on hopes of rescue deal
(Reuters) - Shares of First Republic gained 11% in premarket trading on Friday after a report that U.S. officials are coordinating urgent talks to rescue the regional lender as private-sector efforts ...
Apr 28, 2023
Among some at Fed, argument grows for patience on wage costs
By Howard Schneider WASHINGTON (Reuters) - As the U.S. economy reopened from the pandemic in 2021 and companies cottoned on to the pricing power at hand from supply shortages and consumers' eagerness ...
Apr 28, 2023
Japan’s Daihatsu broke side collision test procedures for some Toyota cars
TOKYO (Reuters) - Japanese automaker Daihatsu Motor Co Ltd on Friday admitted to violating side collision test procedures for some models it made for parent company Toyota Motor Corp, saying it would ...
Apr 28, 2023
US regulators to release reviews of largest bank failures since 2008 crisis
By Ann Saphir and Hannah Lang (Reuters) - U.S. regulators are set to release confidential details of their oversight of Silicon Valley Bank and Signature Bank in the run-up to the sudden collapses of ...
Apr 28, 2023
U.S. senator introduces bill targeting AI’s shortfalls
WASHINGTON (Reuters) - Senator Michael Bennet introduced a bill on Thursday that would create a task force to look at U.S. policies on artificial intelligence, and identify how best to reduce threats ...
Apr 28, 2023
Marketmind: Amazon cools, Intel warms, Japan hesitates
A look at the day ahead in U.S. and global markets from Mike Dolan After mega tech earnings inspired the best day for Wall St stocks in almost 4 months, online retail giant Amazon cooled the frenzy so...
Apr 28, 2023
Pfizer pledge for more equal access to RSV shot faces hurdles
By Jennifer Rigby and Maggie Fick LONDON (Reuters) - Pfizer Inc has pledged to deliver critical new medicines more quickly in low-income nations, but its first such vaccine effort faces hurdles likely...
Apr 28, 2023
Venezuelan oil gets more US buyers as Chevron steps up loadings
By Arathy Somasekhar and Marianna Parraga HOUSTON (Reuters) - Chevron Corp has stepped up sales of Venezuelan crude oil to rival U.S. refiners, adding PBF Energy Inc and Marathon Petroleum Corp to its...
Apr 28, 2023
Top Taiwan chip designer MediaTek ‘rapidly’ shifts focus to autos, AI
By Sarah Wu TAIPEI (Reuters) - Taiwan's top chip design company MediaTek is focusing more resources on chips for cars and AI computing as its smartphone clients face a supply glut and inflation and ma...
Apr 28, 2023
Peoria, IL, USA
37 °F Partly cloudy
