Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Ford to temporarily cut one shift at Michigan EV plant
By David Shepardson (Reuters) - Ford Motor said on Friday it will temporarily cut one of three shifts at the Michigan plant that builds its electric F-150 lightning pickup truck, citing multiple const...
Oct 13, 2023
Exclusive-Activist hedge fund Starboard eyes Rupert Murdoch’s News Corp -sources
By Svea Herbst-Bayliss (Reuters) - Starboard Value, the activist hedge fund run by Jeffrey Smith, has bought shares of News Corp, according to people familiar with the matter, a move that could presag...
Oct 13, 2023
Brazil shipping agents warn clients drought disrupting corn shipping on barges
By Ana Mano SAO PAULO (Reuters) - A severe drought is disrupting barge traffic on the Tapajos river in the Amazon rainforest, shipping agencies told clients this week as Brazil enters the final months...
Oct 13, 2023
Yellen says believes US housing inflation will still ease over time
By David Lawder and Andrea Shalal MARRAKECH, Morocco (Reuters) -U.S. Treasury Secretary Janet Yellen told Reuters on Friday that she still believes U.S. shelter inflation will continue to ease despite...
Oct 13, 2023
Investors zero in on health of consumer with retail sales, earnings
By Lewis Krauskopf NEW YORK (Reuters) - Investors in the coming week will get a look at the state of U.S. consumers - whose spending drives around two-thirds of the economy - with a U.S. retail sales ...
Oct 13, 2023
Yellen says U.S.-backed IMF funding increase is “pretty likely”
By David Lawder and Andrea Shalal MARRAKECH, Morocco (Reuters) -U.S. Treasury Secretary Janet Yellen told Reuters on Friday that her plan for an "equi-proportional" increase in International Monetary ...
Oct 13, 2023
Chrysler-parent Stellantis furloughs another 700 workers because of UAW strike
(Reuters) - Chrysler-parent Stellantis said on Friday it is temporarily laying off 700 employees from two Indiana plants due to the impact of the United Auto Workers strike. The automaker said it now ...
Oct 13, 2023
Illumina to divest cancer test maker Grail if it does not win challenge in EU court
(Reuters) - Illumina said on Friday it would divest cancer test maker Grail in 12 months, according to the terms of the order by the European Commission, if it does not win its challenge in court. (Re...
Oct 13, 2023
Yellen cites ‘universal condemnation’ of Hamas attack on Israel at global meeting
By Andrea Shalal and David Lawder MARRAKECH, Morocco (Reuters) - U.S. Treasury Secretary Janet Yellen on Friday told Reuters she had heard universal condemnation of Saturday's deadly attack on Israel ...
Oct 13, 2023
Japan tells G20 it may need to act in FX market-Finance Minister Suzuki
MARRAKECH, Morocco (Reuters) - Japanese Finance Minister Shunichi Suzuki said on Friday he told his Group of 20 (G20) counterparts that Tokyo may need to take appropriate action depending on moves in ...
Oct 13, 2023
