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Tesla succession planning, demand in focus ahead of shareholder meeting
By Hyunjoo Jin and Tanya Jain (Reuters) - Tesla Inc CEO Elon Musk will be under pressure to address investor concerns about the lack of a clear successor, softening demand and delays of some new model...
Syndicated Content May 16, 2023
Capital One shares up after billionaire investor Buffett’s near $1 billion bet on bank
(Reuters) - Shares of Capital One Financial Corp rose in premarket trading on Tuesday after billionaire investor Warren Buffett's holding company disclosed it had taken a stake in the credit cards-foc...
Syndicated Content May 16, 2023
Asian hedge funds piled to China education, U.S. AI shares in Q1
By Summer Zhen HONG KONG (Reuters) - Large Asian hedge funds added Chinese education companies to their portfolios in the first quarter of 2023, and bought stocks in U.S. tech giants expected to benef...
Syndicated Content May 16, 2023
Central banks have lost a degree of trust, ECB’s Makhlouf says
DUBLIN (Reuters) - Central banks around the world have lost a degree of trust and need to rebuild it by explaining their decision making to a wider audience and not just financial markets, European Ce...
Syndicated Content May 16, 2023
Three in four Americans worry debt-ceiling default could hurt them: Reuters/Ipsos poll
By Andy Sullivan WASHINGTON (Reuters) - Americans are worried about the prospect of the U.S. government defaulting if Congress fails to raise the debt ceiling, but are divided over the action to be ta...
Syndicated Content May 16, 2023
US Senate hearing on China to draw rare Biden cabinet trio
By Patricia Zengerle WASHINGTON (Reuters) - Three of President Joe Biden's cabinet members will testify on China policy at a U.S. Senate hearing on Tuesday, a rare joint appearance underscoring Washin...
Syndicated Content May 16, 2023
Powell’s legacy tested by inflation, bank crisis, new Fed dynamics
By Howard Schneider WASHINGTON (Reuters) - Federal Reserve Chair Jerome Powell, who navigated a combative White House and a pandemic in his first years as head of the U.S. central bank, is facing a cr...
Syndicated Content May 16, 2023
Kentucky Republicans to choose challenger to Democratic Governor Beshear
By Joseph Ax (Reuters) - Kentucky Republicans will select a nominee on Tuesday to challenge Democratic Governor Andy Beshear, setting up one of the most high-profile elections of the year. Republican ...
Syndicated Content May 16, 2023
Home Depot cuts annual sales forecast on slowing demand
(Reuters) - Home Depot Inc cut its annual sales forecast on Tuesday, as the home improvement market cools after explosive growth during the pandemic, with Americans cutting back on spending on tools a...
Syndicated Content May 16, 2023
North Carolina lawmakers to vote on overriding veto of 12-week abortion ban
By Julia Harte (Reuters) - North Carolina's Republican-controlled state legislature on Tuesday is expected to vote to override Democratic Governor Roy Cooper's veto of a bill banning most abortions af...
Syndicated Content May 16, 2023
Peoria, IL, USA
50 °F Partly cloudy
