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U.S. offer to gain release of Griner, Whelan made to Russia weeks ago -official
WASHINGTON (Reuters) - A U.S. offer to Russia to gain the release of two Americans detained by Moscow, Brittney Griner and Paul Whelan, was made weeks ago and the White House is hoping Russia will rea...
Syndicated Content Jul 27, 2022
Facebook-parent Meta forecasts revenue below estimates
(Reuters) - Meta Platforms Inc on Wednesday forecast current quarter revenue below estimates after the Facebook-parent recorded its first ever quarterly drop in revenue, amid a general weakness in the...
Syndicated Content Jul 27, 2022
Rivian laying off 6% of its staff
(Reuters) - EV-maker Rivian Automotive Inc said on Wednesday it was laying off 6% of its staff as part of a restructuring plan. (Reporting by Yuvraj Malik in Bengaluru; Editing by Anil D'Silva)
Syndicated Content Jul 27, 2022
Qualcomm revenue forecast disappoints on cooling smartphone demand
(Reuters) - Qualcomm Inc forecast fourth-quarter revenue below estimates on Wednesday, bracing for difficult economic conditions and a slowdown in smartphone demand that could hit its mainstay handset...
Syndicated Content Jul 27, 2022
Amazon Web Services to invest more in Chile and Latin America
By Fabian Cambero SANTIAGO (Reuters) - Amazon Web Services (AWS), a unit of Amazon.com Inc, expects sustained growth in Chile and the rest of Latin America in coming years despite ongoing political tu...
Syndicated Content Jul 27, 2022
Suspect in July 4 mass shooting near Chicago indicted on 117 counts
(Reuters) - An Illinois man accused of shooting into a crowd watching a Chicago-area Independence Day parade was indicted by a grand jury on 117 counts, including 21 counts of first-degree murder, the...
Syndicated Content Jul 27, 2022
Powell says markets have been orderly as Fed has hiked rates
NEW YORK (Reuters) - Federal Reserve Chair Jerome Powell on Wednesday said he has been gratified to see that financial markets have behaved in an orderly way as the U.S. central bank has hiked interes...
Syndicated Content Jul 27, 2022
Gulf central banks lift rates as Fed makes second 75-bps hike
By Yousef Saba DUBAI (Reuters) - Most Gulf central banks lifted their main interest rates by three quarters of a percentage point on Wednesday, moving with the U.S. Federal Reserve as their currencies...
Syndicated Content Jul 27, 2022
JP Morgan raises prime lending rate after Fed’s sharp hike
By Mehnaz Yasmin (Reuters) -U.S. bank JPMorgan Chase & Co said on Wednesday it had raised its prime lending rate by 75 basis points to 5.5%, effective Thursday. The move follows the U.S. Federal Reser...
Syndicated Content Jul 27, 2022
Volkswagen seeks purchaser for Russian auto-making plant – newspaper
(Reuters) - Volkswagen is looking to sell its car assembly plant in the Russian city of Kaluga and a Kazakh auto maker could be a potential purchaser, Russia's Vedemosti newspaper reported on Wednesda...
Syndicated Content Jul 27, 2022
Peoria, IL, USA
39 °F Light Rain
