Category Archives:
Biden vetoes legislation to block solar panel tariffs waivers
WASHINGTON (Reuters) - President Joe Biden said on Tuesday he has vetoed legislation passed by the U.S. Congress to repeal exemptions granted to Cambodia, Malaysia, Thailand and Vietnam to American ta...
May 16, 2023
U.S. Postal chief vows more ‘aggressive actions’ after missing financial target
WASHINGTON (Reuters) - U.S. Postmaster General Louis DeJoy will tell lawmakers on Wednesday he plans to take more aggressive actions after saying the agency will not meet its goal of breaking even in ...
May 16, 2023
White House eyes drugmaker meeting on overdose reversal medication
WASHINGTON (Reuters) - The Biden administration is seeking to meet with the makers of the life-saving medication naloxone used to reverse opioid overdoses to discuss access and affordability, a spokes...
May 16, 2023
Aides for Biden, McCarthy discussing work requirements in debt ceiling talks -sources
WASHINGTON (Reuters) - Aides for President Joe Biden and Republican House Speaker Kevin McCarthy have been discussing tightening work requirements for food and other programs for low-income Americans ...
May 16, 2023
JPMorgan CEO says unlikely to acquire other struggling banks
By Nupur Anand and Niket Nishant NEW YORK (Reuters) - JPMorgan Chase & Co CEO Jamie Dimon said that it is "unlikely" that the bank will acquire any other struggling lender, weeks after it acquired the...
May 16, 2023
Mexican president: ‘No problem’ if Grupo Mexico buys Citi’s Banamex unit
MEXICO CITY (Reuters) - Negotiations over the sale of Citigroup Inc's Mexican retail bank Citibanamex are "going really well" and one potential buyer is conglomerate Grupo Mexico, Mexican President An...
May 16, 2023
UN forecasts world economic growth of 2.3% in 2023, 2.5% in 2024
UNITED NATIONS (Reuters) - Global economic growth is projected to be 2.3% in 2023, up 0.4 percentage points from a January forecast, and the prediction for 2024 has dropped 0.2 percentage points to 2....
May 16, 2023
China’s Baidu confident its AI chatbot won’t make mistakes on ‘sensitive topics’
By Eduardo Baptista and Yuvraj Malik BEIJING (Reuters) - Baidu Inc's experience in tailoring its search engine to Chinese regulatory requirements makes it confident its AI-driven chatbot won't make mi...
May 16, 2023
Exclusive-UBS set to gain EU nod for Credit Suisse deal, sources say
By Foo Yun Chee BRUSSELS (Reuters) -UBS is expected to secure unconditional European Union antitrust approval for its planned takeover of struggling Credit Suisse, people familiar with the matter said...
May 16, 2023
Comcast likely to sell Hulu stake to Disney by early 2024 – CNBC
(Reuters) - Comcast Corp will likely sell its 33% stake in streaming platform Hulu to Walt Disney Co early next year, CNBC reported on Tuesday, citing Comcast Chief Executive Brian Roberts. Disney sai...
May 16, 2023
Peoria, IL, USA
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