Category Archives:
U.S. government opens $1.5 billion infrastructure grant program
By David Shepardson WASHINGTON (Reuters) - The U.S. Transportation Department on Friday said it was opening a $1.5 billion grant program for a wide range of infrastructure projects. In November, the d...
Jan 28, 2022
Exclusive-EU eyes lower bar to force foreign banks to become subsidiaries
LONDON (Reuters) - The European Union is considering "automatic triggers" that would force branches of foreign banks to become subsidiaries and hold more capital, an EU document showed. The EU is revi...
Jan 28, 2022
Vans owner cuts full-year revenue forecast on delivery delays
(Reuters) - VF Corp cut its full-year revenue forecast on Friday, hurt by delivery delays and worker shortages at Vietnam factories due to the pandemic. Port congestion, labor shortages and higher fre...
Jan 28, 2022
Futures fall as rate hike worries eclipse strong Apple results
(Reuters) - U.S. stock futures slipped on Friday and continued with its January rout, as the prospect of a series of interest rate hikes to tame inflation clouded stellar results from the world's larg...
Jan 28, 2022
Hong Kong’s Bank of East Asia proposes $372 million share buyback
(Reuters) - Hong Kong's Bank of East Asia Ltd said on Friday it intends to buy back 8.43% of its total issued shares worth HK$2.904 billion ($372.65 million) owned by hedge fund Elliot Investment Mana...
Jan 28, 2022
Daimler AG to rebrand as Mercedes-Benz on Feb. 1
BERLIN (Reuters) - Daimler AG will be formally renamed Mercedes-Benz Group AG on Saturday - nearly a year after the spin-off of its truck and bus division was announced - in a move its boss hopes will...
Jan 28, 2022
Caterpillar revenue beats estimates on rebound in construction demand
(Reuters) –Caterpillar Inc beat quarterly revenue estimates on Friday on sustained demand for its heavy machinery and construction equipment as global economic activity recovers from pandemic lo...
Jan 28, 2022
U.S. Treasury likely to cut auction sizes, possibly for last time
By Karen Brettell (Reuters) - The U.S. Treasury Department is likely to keep cutting auction sizes when it gives its refunding estimates for the coming quarter next week, after ramping up issuance to ...
Jan 28, 2022
Ford, GM juggle today’s challenges with tomorrow’s promises
By Joseph White and Paul Lienert DETROIT (Reuters) - General Motors Co and Ford Motor Co are expected to report next week they turned solid profits for the last quarter of 2021, but rarely has past pe...
Jan 28, 2022
Family of Ahmaud Arbery wants racial justice as murderers face new trial
By Rich McKay ATLANTA (Reuters) - The family of Ahmaud Arbery, a Black jogger who was chased by three white men in pickup trucks and gunned down in south Georgia in 2020, says that the men's federal h...
Jan 28, 2022
Peoria, IL, USA
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