Super Bowl’s return provides boost to hard-hit LA businesses
LOS ANGELES (AP) — The return of the Super Bowl to the L.A. area after a nearly 30-,year absence is…
February 2022
U.S. Buyout Firm KKR’s Fourth-quarter Earnings More Than Double
By Chibuike Oguh (Reuters) – Buyout firm KKR & Co Inc said on Tuesday its after-tax distributable earnings more than…
Italy’s Leonardo Suspends Search For Automation Division Partner
ROME (Reuters) – Leonardo said on Tuesday it had suspended its search for a partner for the Italian defence group’s…
Robust Imports Boost U.S. Trade Deficit To Record High In 2021
By Lucia Mutikani WASHINGTON (Reuters) – The U.S. trade deficit surged to a record high in 2021 as imports increased…
AmEx to offer debit card that will accrue rewards points
NEW YORK (AP) — American Express on Tuesday launched a checking account that comes with a debit card that will…
Semiconductor Chip Supply To Normalize In 2022, Says Mexico’s Auto Industry
MEXICO CITY (Reuters) – A global semiconductor shortage that has weighed on Mexico’s auto sector should normalize throughout the year…
GM Plans Six-fold Increase In 2022 Electric Truck, SUV Production -sources
By Joseph White DETROIT (Reuters) – General Motors Co plans to increase production of electric trucks and Cadillac sport utility…
EXPLAINER: What’s Russia’s Nord Stream 2 pipeline to Europe?
FRANKFURT, Germany (AP) — U.S. President Joe Biden has threatened to block the Nord Stream 2 natural gas pipeline if…
Gates, French Gates top list of biggest U.S. charity donors
A handful of Americans donated at least $1 billion to charity last year, according to the Chronicle of Philanthropy’s annual ranking…
Peloton Hits Reset With CEO Change, Job Cuts
By Subrat Patnaik and Aishwarya Nair (Reuters) -Peloton Interactive Inc will replace its chief executive and cut about 2,800 jobs,…