U.S. Investments In Foreign Chip Firms A Potential Concern, White House Says
By Alexandra Alper WASHINGTON (Reuters) -U.S. investment in foreign chip companies is a potential concern for the Biden administration, a…
September 14, 2022
From carmakers to refiners, industries brace for rail strike
Car buyers might not get the vehicle they want on time, commuter rail lines could see service disrupted, and shipments…
Stocks Dip On Fed Concerns, Yen Strengthens On Potential Japan Intervention
By Chuck Mikolajczak NEW YORK (Reuters) – A gauge of global stock markets stumbled for a second straight day on…
Biden Declares ‘Detroit Is Back’ As He Lauds Shift To Electric Vehicles
By David Shepardson and Jeff Mason DETROIT (Reuters) – President Joe Biden took a victory lap on Wednesday at the…
Bosch To Build $215 Million Plant In Central Mexico
(Corrects description of product to be made in new plant; corrects name of parent company to Bosch Group from Bosch…
EXPLAINER: Rail strike would impact consumers, businesses
Commuters, food producers, refineries and others could all be affected if there is a nationwide rail strike at the end…
Suspicious Minds Leave UK Assets All Shook Up
By Andy Bruce LONDON (Reuters) – There is trouble ahead for Britain’s new finance minister Kwasi Kwarteng: a marked shift…
1 rail union rejects deal, 2 accept ahead of strike deadline
OMAHA, Neb. (AP) — Members of one union rejected a tentative deal with the largest U.S. freight railroads Wednesday, while…
Wells Fargo In $94 Million Settlement Over Mortgage Forbearance During Pandemic
By Jonathan Stempel (Reuters) – Wells Fargo & Co has reached a $94 million settlement to resolve class-action claims it…
Ford’s New Mustang Keeps Old-fashioned Horsepower Alive
By Joseph White DETROIT (Reuters) – Detroit’s automakers say they are ready to go all-electric, but at the Motor City’s…