Category Archives:
Rare winter wildfire to cost insurers about $1 billion – KCC
By Noor Zainab Hussain and Carolyn Cohn (Reuters) - Catastrophe modeling firm Karen Clark & Company (KCC) said on Wednesday it expects insured losses of about $1 billion from the rare winter wildfire ...
Jan 05, 2022
GM to chase Ford, Rivian with a $105,000 electric Silverado pickup
By Joseph White DETROIT (Reuters) - General Motors Co's $35 billion electric vehicle strategy will face its biggest test in 2023 when it launches an electric version of its Chevrolet Silverado pickup ...
Jan 05, 2022
GM’s electric commercial vehicle unit signs deals with Walmart, FedEx
By Ben Klayman DETROIT (Reuters) - General Motors Co's electric commercial vehicle business, BrightDrop, said on Wednesday it has signed a new deal to supply EVs to retail giant Walmart Inc and expand...
Jan 05, 2022
GM aims to launch personal self-driving car by mid-decade -CEO
By Paul Lienert (Reuters) - General Motors Co aims to introduce a "personal autonomous vehicle" by mid-decade, Chief Executive Mary Barra said on Wednesday. The self-driving vehicle for personal use i...
Jan 05, 2022
Biden could name new Fed officials as soon as this week – source
WASHINGTON (Reuters) - U.S. President Joe Biden could announce nominees for three top positions on the Federal Reserve Board as soon as this week, a person familiar with the process said on Wednesday....
Jan 05, 2022
Analysis-Some investors turn cautious on Big Tech as Fed hikes loom
By David Randall NEW YORK (Reuters) - Apple's rally to a $3 trillion market valuation earlier this week has re-focused investors' attention on the mammoth growth stocks that accounted for a large chun...
Jan 05, 2022
HBO Max shows growth despite industry slowdown
By Dawn Chmielewski (Reuters) - WarnerMedia's HBO Max streaming service gained subscribers through the holidays, defying the slowing pace of growth at some rival services, thanks to a programming line...
Jan 05, 2022
Mexico auto sales increase 6.8% in 2021, still behind pre-pandemic level
MEXICO CITY (Reuters) - Mexico's annual auto sales rose by 6.8% in 2021, but were still far short of pre-pandemic levels as the car industry struggles to cope with shortfalls in semiconductors, offici...
Jan 05, 2022
Chicago cancels school as record-setting Omicron wave spurs more disruptions
By Lisa Shumaker and Joseph Ax CHICAGO (Reuters) - Chicago officials canceled classes in the nation's third-largest school district on Wednesday amid a dispute with the teachers' union, the latest dis...
Jan 05, 2022
Exclusive-SEC’s Texas office probes banks over disclosures on guns, fossil fuels -sources
By Chris Prentice WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission (SEC)'s Texas office has launched a preliminary probe into lenders' disclosures about their policies on hot-button ...
Jan 05, 2022
Peoria, IL, USA
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