U.S. Judge Cuts Verdict In Tesla Race Bias Case To $15 Million From $137 Million
(Reuters) – A federal judge on Wednesday said a $137 million jury award, one of the largest of its kind,…
April 2022
IMF Board Approves New Trust To Help Members Deal With Climate Change, Pandemics
By Andrea Shalal WASHINGTON (Reuters) -The International Monetary Fund’s executive board on Wednesday approved creation of a new facility to…
Exclusive-Three-quarters Of Japan Firms Bemoan Current Yen Weakness As Bad For Business
By Tetsushi Kajimoto TOKYO (Reuters) – More than three-quarters of Japanese firms say the yen has declined to point of…
Fearing High Inflation, ECB To Stay On Course To Unwind Stimulus
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) – The European Central Bank may outline on Thursday a clearer schedule…
Fed’s Waller: Need Fast Rate Hikes, But Not A Volcker Moment
(Reuters) -Federal Reserve Governor Christopher Waller on Wednesday said the U.S. central bank needs to raise rates aggressively to fight…
Amazon adds 5% ‘fuel and inflation surcharge’ to seller fees
Amazon is taking a step to offset its rising costs, announcing Wednesday it will add a 5% “fuel and inflation…
Canada’s TD Bank To Offer Salary Hikes, One-time Cash Rewards To Employees
(Reuters) – TD Bank Group will offer eligible employees a 3% increase to their base pay or a one-time cash…
Rent The Runway Reports Quarterly Revenue Above Estimates
(Reuters) – Rent the Runway on Wednesday reported a 91% jump in fourth-quarter revenue, beating Wall Street estimates. The company…
Fed’s Waller: Inflation Has Peaked, Still Need Fast Rate Hikes – CNBC
(Reuters) – Federal Reserve Governor Christopher Waller on Wednesday said he believes inflation has “pretty much” peaked, but the U.S….
Fed’s Bullard Says Central Bank Must Put Brakes On Economic Activity -FT
(Reuters) -The U.S. Federal Reserve must put the brakes on economic activity to tackle surging prices, James Bullard, president of…