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Investment management firm AQR books best year in several strategies
By Nell Mackenzie (Reuters) - Investment management firm AQR's Absolute Return Strategy in 2022 saw its best year since its inception since 1998, a source with knowledge of the matter said on Friday. ...
Syndicated Content Jan 06, 2023
Pentagon awards L3Harris $40 million anti-drone weapon systems contract
(Reuters) - The U.S. Department of Defense awarded L3Harris Technologies Inc a $40 million contract to deliver 14 anti-drone weapon systems to bolster Ukraine's security forces, the defense contractor...
Syndicated Content Jan 06, 2023
Fed will face complicated choices as labor market softens: George
(Reuters) - The Federal Reserve will face some hard choices and delicate communications challenges as it fights still-high inflation even as the labor market begins to soften, Kansas City Federal Rese...
Syndicated Content Jan 06, 2023
Germany backs Norwegian plan to capture carbon from cement
BREVIK, Norway (Reuters) - Germany's economy minister Robert Habeck threw his weight behind a Norwegian project to capture carbon emissions and re-use them being carried out by multinational Heidelber...
Syndicated Content Jan 06, 2023
Fed’s more gradual rate hike path should limit economic harm, Barkin says
By Lindsay Dunsmuir (Reuters) - The Federal Reserve's move to smaller interest rate hike increments will help limit damage to the economy as the U.S. central bank works to bring high inflation down, R...
Syndicated Content Jan 06, 2023
Wood’s Ark Invest nearly liquidates Silvergate Capital position
By David Randall NEW YORK (Reuters) - Star stock picker Cathie Wood's Ark Invest sold 403,990 shares of embattled crypto-focused bank Silvergate Capital Corp on Thursday as shares in the firm plunged ...
Syndicated Content Jan 06, 2023
Whiplash: energy markets start 2023 with biggest weekly dive in years
By Stephanie Kelly NEW YORK (Reuters) - Energy futures for crude oil, refined products and natural gas have plummeted in the new year as traders reconsidered near-term worries over cold weather and fe...
Syndicated Content Jan 06, 2023

UPDATE: Faulty detector to blame for problem with plane at PIA
UPDATED 5:10 p.m. PEORIA, Ill. — A United Airlines plane was forced to return to Peoria’s General Wayne A. Downing International Airport Friday morning after reports of smoke coming from i...
Julia Bradley Jan 06, 2023
NY Fed says China’s COVID woes are pressuring supply chains
By Michael S. Derby NEW YORK (Reuters) - Declining world supply chain pressures are being challenged by new disruptions in China tied to the coronavirus pandemic, the New York Federal Reserve reported...
Syndicated Content Jan 06, 2023
Mixed emotions as McDonald’s leaves Kazakhstan
ALMATY (Reuters) -Workers removed the branding from McDonald's outlets in Kazakhstan's biggest city, Almaty on Friday after the fast food giant's local business appeared to fall victim to collateral d...
Syndicated Content Jan 06, 2023
Peoria, IL, USA
46 °F Overcast
