Explainer-Yen Is Past Key 150 Threshold. What’s Next?
By Leika Kihara TOKYO (Reuters) – The yen tumbled past the key psychological level of 150 to the dollar for…
October 20, 2022
Twitter Tells Employees There Are No Plans For Layoffs
(Reuters) -Twitter Inc on Thursday clarified to staff that there are no plans for company-wide layoffs since it signed a…
Railroads reject sick time demands, raising chance of strike
OMAHA, Neb. (AP) — The major freight railroads appear unwilling to give track maintenance workers much more than they received…
Report: Elon Musk plans to cut 75% of Twitter workforce
SAN FRANCISCO (AP) — Elon Musk plans to lay off most of Twitter’s workforce if and when he becomes owner…
Sterling Dips After Truss Resigns, Fragile Yen Weakens Past 150 Level
By Rae Wee SINGAPORE (Reuters) – Sterling edged lower on Friday as investors digested the news that British Prime Minister…
U.S. Weighs Security Review For Musk’s Ventures, Including Twitter Deal – Bloomberg News Reporter Tweet
(Reuters) – Biden Administration officials are discussing whether the United States should subject some of Tesla Inc Chief Executive Officer…
American Airlines posts $483 million profit for late summer
DALLAS (AP) — The three biggest U.S. airlines enjoyed a boffo summer, reaping a combined profit of more than $2…
Oil Near Flat As Inflation Concerns Contend With Potential Quarantine Easing In China
By Stephanie Kelly (Reuters) – Oil prices were near flat on Friday, as market participants weighed concerns about steep inflation…
St. Louis Fed To ‘think Differently’ About Private Events After Citi Forum
By Howard Schneider WASHINGTON (Reuters) -The St. Louis Federal Reserve said it would “think differently” about appearances by its president…
CSX 3Q profit up 15% as railroad hauls 2% more freight
OMAHA, Neb. (AP) — CSX Corp. delivered 15% more profit in the third quarter as it handled 2% more freight…