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Yellen maintains early June as U.S. debt ceiling deadline
WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen on Wednesday maintained early June as a debt ceiling default deadline and said she will update Congress shortly about government finances. It...
Syndicated Content May 24, 2023
Accenture secures up to $2.6 billion contract to modernize IRS systems
(Reuters) - An Accenture Plc unit said on Wednesday it had secured an up to $2.6 billion deal with the Internal Revenue Service (IRS) for modernizing the government tax agency's systems. Accenture Fed...
Syndicated Content May 24, 2023
Boeing looks to embed experienced pilots with new airline customers
By Valerie Insinna WASHINGTON (Reuters) - Boeing Co is deploying experienced pilots to airlines that are training their employees to fly Boeing aircraft, as part of a wider push to reduce aviation saf...
Syndicated Content May 24, 2023
Super Typhoon Mawar clobbers Guam with fierce winds, rains
(Reuters) - A Category 4 typhoon hit Guam on Wednesday, packing winds of up to 140 miles per hour (225 kmh) and torrential rain, as it inched across the Western Pacific Ocean, but there were no early ...
Syndicated Content May 24, 2023
Murmurs grow within Fed about tweaking 2% target once inflation recedes
By Michael S. Derby (Reuters) - A couple of regional Federal Reserve presidents recently have signaled an openness to examining whether 2% is the right setting for the U.S. central bank's inflation ta...
Syndicated Content May 24, 2023
EU, Google to develop voluntary AI pact ahead of new AI rules, EU’s Breton says
BRUSSELS (Reuters) - Alphabet and the European Commission aim to develop an artificial intelligence (AI) pact involving European and non-European companies ahead of rules to govern the technology, EU ...
Syndicated Content May 24, 2023
Explainer-U.S. debt ceiling focus on ‘discretionary spending’ means cuts ahead
By Jarrett Renshaw and Andy Sullivan WASHINGTON (Reuters) - The central pillar of any debt-ceiling agreement between President Joe Biden and House Republican Kevin McCarthy is shaping up to be "discre...
Syndicated Content May 24, 2023
Nigeria central bank raises policy rate by 50 basis points
ABUJA (Reuters) - Nigeria's central bank raised its main lending rate by 50 basis points to 18.50% in a decision announced on Wednesday. The rate decision comes after data showed earlier in the day th...
Syndicated Content May 24, 2023
Meta expects to lay off almost 20% of Irish workforce
DUBLIN (Reuters) - Meta Platforms Inc expects to cut around 490 jobs at its international headquarters in Dublin, or almost 20% of its Irish workforce, part of 10,000 global layoffs announced in March...
Syndicated Content May 24, 2023
Suspected fentanyl chemical suppliers have received $38 million in crypto -Chainalysis
By Elizabeth Howcroft LONDON (Reuters) - Suspected sellers of chemicals used to manufacture the deadly drug fentanyl have received tens of millions of dollars worth of cryptocurrency since 2018, accor...
Syndicated Content May 24, 2023
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