Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Sam Bankman-Fried’s trial: four key points raised in opening statements
By Jody Godoy and Luc Cohen (Reuters) - Jurors in the trial of FTX founder Sam Bankman-Fried heard from both sides for the first time on Wednesday, receiving dueling portrayals of key events and playe...
Oct 04, 2023
Exxon Mobil’s third quarter oil profits to jump on strong prices
By Sabrina Valle HOUSTON (Reuters) -Exxon Mobil said on Wednesday big increases in oil and gas prices would lift third-quarter earnings by between $1.1 billion and $1.9 billion, compared with the seco...
Oct 04, 2023
US DOJ wants companies to disclose misconduct uncovered when buying other firms
NEW YORK (Reuters) - The U.S. Justice Department will not pursue charges against companies that share when they find wrongdoing by businesses they are buying in a bid to encourage more self-disclosure...
Oct 04, 2023
U.S., Mexico resolve labor probe at Grupo Yazaki auto parts plant in Mexico
MEXICO CITY (Reuters) - The U.S. and Mexico have resolved a labor complaint under a regional trade deal at a Grupo Yazaki auto parts factory in the central Mexican state of Guanajuato, both government...
Oct 04, 2023
US ad revenue at Musk’s X declined each month since takeover -data
By Sheila Dang (Reuters) - Monthly U.S. ad revenue at social media platform X has declined at least 55% year-over-year each month since billionaire Elon Musk bought the company formerly known as Twitt...
Oct 04, 2023
US Commerce head hopes to make first chips funding awards this fall
By David Shepardson WASHINGTON (Reuters) - U.S. Commerce Secretary Gina Raimondo said Wednesday she hopes to announce the first chips funding award announcements from the government's $39 billion semi...
Oct 04, 2023
New England states join to buy offshore wind power as US industry struggles
(Reuters) - Three U.S. states in New England - Massachusetts, Rhode Island and Connecticut - on Wednesday agreed to jointly procure offshore wind power as soaring interest rates and rising equipment a...
Oct 04, 2023
US government shutdown possible later this year but no impact on rating – Fitch
NEW YORK (Reuters) - Credit rating agency Fitch said on Wednesday the ousting of U.S. House Speaker Kevin McCarthy meant a government shutdown later this year was possible, although it would not affec...
Oct 04, 2023
Disney to offer discounts on children’s tickets at theme parks
(Reuters) - Walt Disney said on Wednesday it will offer discounts on ticket prices for children at its theme parks for a limited period as it looks to boost traffic. Business at amusement parks took a...
Oct 04, 2023
Toyota and LG Energy sign battery supply agreement to power EVs
(Reuters) -Toyota Motor and LG Energy Solution signed a supply agreement for lithium-ion battery modules for use in the Japanese automaker's battery electric vehicles that will be assembled in the U.S...
Oct 04, 2023
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