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August 18, 2022
China Set To Lower Lending Benchmarks To Revive Wobbly Economy
SHANGHAI (Reuters) – China is widely expected to lower its benchmark lending rates on Monday, a Reuters survey showed, with…
Dollar Hits 1-month High As Fed Officials Talk Up Rate Hikes
By Kevin Buckland TOKYO (Reuters) – The U.S. dollar climbed to a fresh one-month high against a basket of major…
UK Consumer Sentiment Hits Record Low As Inflation Soars – GfK
By David Milliken LONDON (Reuters) – British households are feeling “a sense of exasperation” about the surging cost of living…
GM, LG Energy Solution Considering Indiana For Fourth U.S. Battery Plant
WASHINGTON (Reuters) – General Motors Co and LG Energy Solution are considering a site in Indiana for a fourth U.S….
Meme Stock Bed Bath & Beyond Sinks After Investor Cohen’s Exit
(Reuters) -Bed Bath & Beyond Inc shares tumbled 35% after the bell on Thursday as billionaire investor Ryan Cohen exited…
Rail union: Plan for contract deal doesn’t address concerns
OMAHA, Neb. (AP) — The head of the nation’s largest railroad union says the report designed to help resolve stalled…
Bed Bath & Beyond tumbles after influential investor exits
NEW YORK (AP) — The newest meme stock on Wall Street, Bed Bath & Beyond, tumbled even further in after-hours…
Musk Targets Ad Tech Firms In Twitter Suit Over Takeover Deal
By Sheila Dang (Reuters) – Billionaire entrepreneur Elon Musk, who is attempting to walk away from his deal to acquire…
Judge Rules Oil Pipeline Dispute Between Enbridge And Michigan Belongs In Federal Court
By Nia Williams (Reuters) -A state of Michigan lawsuit that aims to force Enbridge Inc to stop operating the Line…
Bavarian Nordic Signs Up U.S. Firm For Packaging Monkeypox Vaccine
(Reuters) – Danish biotech firm Bavarian Nordic said on Thursday it has signed up a U.S.-based manufacturer to package its…