Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Stellantis cancels presentation at CES tech show due to UAW strike
(Reuters) -Chrysler-parent Stellantis is canceling its presentation at technology show CES slated for January 2024 due to the ongoing United Auto Workers (UAW) strike in the U.S. "As the costs of the ...
Oct 17, 2023
Fitch places Israel on rating watch negative as Gaza war rages
(Reuters) - Fitch on Tuesday placed Israel's sovereign debt rating of "A+" on rating watch negative and warned a major escalation of the ongoing conflict with the Palestinian Islamist group Hamas coul...
Oct 17, 2023
Fed’s Barkin: can’t rely on tightening from long-term rates
(Reuters) - Richmond Federal Reserve Bank chief Thomas Barkin on Tuesday said that higher long-term borrowing costs are putting downward pressure on demand but it's unclear how that will affect the ce...
Oct 17, 2023
Meta, US government spar in court over toughened privacy order
WASHINGTON (Reuters) - Lawyers for Meta, which owns Facebook, Instagram and WhatsApp, and the U.S. government tangled on Tuesday over the U.S. Federal Trade Commission's plan to toughen a 2019 privacy...
Oct 17, 2023
Russia may need tighter policy to bring inflation to target -c. bank analysts
MOSCOW (Reuters) - Inflation in Russia continues to accelerate and a return to the central bank's 4% target may require additional monetary policy tightening, according to a review by central bank ana...
Oct 17, 2023
Adidas raises 2023 guidance
(Reuters) - Adidas lifted its full-year guidance on Tuesday, partly due to the positive impact of Yeezy drops through the second and third quarter, the sportswear giant said. The German company cut it...
Oct 17, 2023
GM delays EV truck production by a year at Michigan plant
DETROIT (Reuters) - General Motors Co said on Tuesday it will delay production of the electric pickup trucks at its Orion, Michigan, plant by a year to better align with "evolving EV demand." The plan...
Oct 17, 2023
Detroit casino workers go on strike after failed talks
By Doyinsola Oladipo NEW YORK (Reuters) - Thousands of hospitality workers in Detroit walked off the job on Tuesday after unions called for strikes at casinos operated by MGM Grand Detroit operated by...
Oct 17, 2023
Sam Bankman-Fried’s lawyer says FTX investments were not ‘reckless’
By Luc Cohen NEW YORK (Reuters) - FTX founder Sam Bankman-Fried's lawyer on Tuesday said the now-bankrupt cryptocurrency exchange's investments were not "reckless and frivolous," pushing back against ...
Oct 17, 2023
New Mexico Governor to pursue EV tax credits to achieve zero-emission goals
(Reuters) - New Mexico Governor Michelle Lujan Grisham on Tuesday said she will pursue electric vehicle (EV) tax credits and directed the state to transition to EV to achieve a zero-emission vehicle f...
Oct 17, 2023
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