US inflation jumped 8.5% in past year, highest since 1981
WASHINGTON (AP) — Inflation soared over the past year at its fastest pace in more than 40 years, with costs…
April 2022
Citigroup Appoints New Asia Pacific Wealth Boss
HONG KONG (Reuters) – Citigroup Inc said on Tuesday it appointed Angel Ng to lead its Asia Pacific global wealth…
Japan’s Wholesale Inflation Stays Near Record On Ukraine War, Weak Yen
By Leika Kihara TOKYO (Reuters) -Japan’s wholesale inflation remained near record-high levels in March as the Ukraine crisis and a…
Honda To Spend $64 Billion On R&D As It Revs Up Electric Ambitions
TOKYO (Reuters) -Japan’s Honda Motor Co Ltd plans to spend 8 trillion yen ($64 billion) on research and development over…
Chevron, Union Meet As California Refinery Strike Enters Third Week -official
By Erwin Seba HOUSTON (Reuters) – Chevron Corp and the United Steelworkers union (USW) met on Monday to seek an…
Elon Musk Drops Twitter Board Seat In New U-turn
By Abinaya V and Nivedita Balu (Reuters) -Tesla Inc Chief Executive Elon Musk disclosed on Monday he had abandoned a…
Buffett Needed Two Weeks For $11.6 Billion Alleghany Purchase, Balked At Goldman Fee
By Jonathan Stempel NEW YORK (Reuters) – Warren Buffett needed just two weeks to put together Berkshire Hathaway Inc’s $11.6…
Etsy sellers protest fees by halting their sales for a week
NEW YORK (AP) — Some vendors on Etsy say they are halting sales of their items on the site for…
Fed To Raise Rates Aggressively In Coming Months, Say Economists- Reuters Poll
By Indradip Ghosh and Prerana Bhat BENGALURU (Reuters) – The Federal Reserve is expected to deliver two back-to-back half-point interest…
New York Pension Leaders Back Calls For Less Fossil Fuel Financing
By Ross Kerber (Reuters) -New York pension officials on Monday said they will support shareholder resolutions filed at major banks…