Category Archives:
Bed Bath & Beyond shares tumble 30% as supply chain woes pressure forecast
(Reuters) - Shares of Bed Bath & Beyond Inc fell nearly 30% on Thursday after the retailer slashed its forecasts for the year, blaming supply chain hurdles and rising cases of the fast-spreading Delta...
Sep 30, 2021
Bostic: U.S. near full employment next year, rate liftoff in 2022, three hikes in 2023
WASHINGTON (Reuters) - Ongoing economic growth will push the U.S. to near full employment by the end of 2022, with interest rates beginning to rise that year and "no impediment" to a faster pace of ra...
Sep 30, 2021
Exiled painter depicts ‘slow disappearance’ of Afghan women under Taliban
By Krisztina Than BUDAPEST (Reuters) - Murad Sharifi, a refugee from Afghanistan, works at a kebab place and lives in a shelter for the homeless in Budapest's outskirts. His tiny room is filled with d...
Sep 30, 2021
U.S. dollar share of global FX reserves steady at 59.2% in Q2 -IMF data
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - The U.S. dollar's share of currency reserves reported to the International Monetary Fund was steady at 59.2% in the second quarter, compared with 59.5%...
Sep 30, 2021
U.S. Senate’s Schumer to bring up House-passed bill raising debt limit as soon as next week
WASHINGTON (Reuters) -U.S. Senate Majority Leader Chuck Schumer said Thursday he will ask the Senate to consider a House-passed bill raising the nation's debt limit "as early as next week." Senate Rep...
Sep 30, 2021
GM extending Blazer production halt in Mexico
WASHINGTON (Reuters) - General Motors Co said Thursday it will extend by two weeks a halt to Chevrolet Blazer sport utility vehicle production at its Ramos plant in Mexico because of the ongoing chips...
Sep 30, 2021
U.S. Supreme Court to hear Boston Christian flag dispute
By Lawrence Hurley WASHINGTON (Reuters) - The U.S. Supreme Court on Thursday agreed to hear a group's challenge to Boston's rejection of its request to fly a flag bearing the image of a Christian cros...
Sep 30, 2021
Soccer-Italy’s Inter Milan doubles full-year loss in 2020-21
MILAN (Reuters) - Italy's Inter Milan doubled its loss in the 2020-21 financial year ending in June, to 246 million euros, as the soccer club was hit hard by the coronavirus pandemic. Revenues edged d...
Sep 30, 2021
Poor country debt could worsen due to commodity prices, interest rates – Malpass
CAIRO (Reuters) - The debt situation for poor countries could worsen due to volatile commodity prices and higher interest rates, World Bank President David Malpass said on Thursday, urging countries t...
Sep 30, 2021
Google tells court ‘staggering’ $5 billion EU antitrust fine flawed
By Foo Yun Chee LUXEMBOURG (Reuters) - A 4.34 billion euro ($5 billion) European Union antitrust fine was based on flawed calculations, Alphabet's Google said on Thursday, urging Europe's second-highe...
Sep 30, 2021
Peoria, IL, USA
56 °F Sunny
