Tenants grapple with rent hikes amid overall inflation spike
LOS ANGELES (AP) — At a time when rising gasoline and food prices are already straining Americans’ budgets, many apartment…
June 2022
U.S. Jobs Report Shows Fed-friendly Moderation, But Still Strong Hiring
By Howard Schneider and Lindsay Dunsmuir WASHINGTON (Reuters) – U.S. jobs gains of 390,000 in May and still strong wage…
Switzerland Revises Liquidity Rules For Systemically Important Banks
BERLIN (Reuters) -The Swiss government on Friday announced new rules for the nation’s five major banks, requiring that they boost…
Yandex CEO Volozh Resigns After EU Sanctions
(Reuters) – Russian internet giant Yandex said on Friday Arkady Volozh has stepped down as CEO and left the board…
Euro Zone May Business Growth Robust But Outlook Darkens -PMI
LONDON (Reuters) – Euro zone business growth was robust in May but is at risk of a slowdown from soaring…
Bristol Myers Boosts Cancer Drug Portfolio With $4.1 Billion Turning Point Deal
(Reuters) -Bristol Myers Squibb said on Friday it would acquire drug developer Turning Point Therapeutics Inc for $4.1 billion in…
Walmart adding 4 fulfillment centers, more than 4,000 jobs
Walmart is adding four new fulfillment centers to its existing capacity, a move that will bring more than 4,000 jobs…
US has over 750 complaints of Teslas braking for no reason
DETROIT (AP) — More than 750 Tesla owners have complained to U.S. safety regulators that cars operating on the automaker’s…
More job gains point to a solid economy and Fed rate hikes
WASHINGTON (AP) — U.S. employers added 390,000 jobs in May, extending a streak of solid hiring that has bolstered an…
Spirit Shareholders Should Approve Frontier Deal, Glass Lewis Says
By Svea Herbst-Bayliss BOSTON (Reuters) -Shareholder advisory firm Glass Lewis on Friday recommended Spirit Airlines investors approve Frontier Group Holdings…