Brazil’s Eletrobras Reports 45% Drop In Q2 Net Profit
(Reuters) – Brazilian power company Eletrobras on Friday reported its second-quarter net income fell 45%, hit by the provision for…
August 12, 2022
Potential Hack For Some Boeing Planes Fixed -researchers
By James Pearson LAS VEGAS (Reuters) – A digital vulnerability in the computer systems used on some Boeing Co aircraft…
Russian GDP drops 4% in Q2 — 1st full quarter of fighting
MOSCOW (AP) — Russia’s gross domestic product contracted 4% in the second quarter of this year, the first full quarter…
Ukraine In Default According To Fitch And S&P
(Reuters) -Global rating agencies S&P and Fitch on Friday lowered Ukraine’s foreign currency ratings to selective default and restricted default…
Peloton cuts jobs, raises prices in bid for profitability
NEW YORK (AP) — Peloton is laying off employees and raising prices for some of its equipment as part of…
YouTube Plans To Launch Streaming Video Service – WSJ
(Reuters) – Alphabet Inc’s YouTube is planning to launch an online store for streaming video services, the Wall Street Journal…
U.S. House Gives Biden A Win With Massive Bill On Climate Change, Drug Prices
By David Morgan, Moira Warburton and Rose Horowitch WASHINGTON (Reuters) -The Democratic-led U.S. House of Representatives approved a $430 billion…
U.S. Court Upholds FCC Reallocation Of Auto Safety Spectrum
By David Shepardson WASHINGTON (Reuters) -A U.S. appeals court on Friday rejected a legal challenge to the Federal Communications Commission’s…
Mexican Unifin’s Debt Restructuring Is Negative For Other Fincos -Moody’s
MEXICO CITY (Reuters) -Mexican leasing firm Unifin’s debt restructuring is credit negative and could reflect tight refinancing conditions for Mexican…
Amazon’s Ring, MGM to launch show from viral doorbell videos
NEW YORK (AP) — Two Amazon-owned companies — Ring and Hollywood studio MGM — are teaming to create a TV…