Dollar Gains As Traders Gird For Higher U.S. Rates
By Tom Westbrook SINGAPORE (Reuters) – The dollar was on the front foot on Thursday after Federal Reserve Chair Jerome…
November 2022
Uber Whistleblower Says Current Business Model ‘absolutely’ Unsustainable
By Sergio Goncalves LISBON (Reuters) -Mark MacGann, the whistleblower behind the so-called Uber Files, said on Wednesday that the ride-hailing…
Qualcomm Revenue Forecast Falls Short As Smartphone Sales Slump; Shares Slide
By Chavi Mehta and Jane Lanhee Lee (Reuters) -Qualcomm Inc’s forecast for holiday-quarter revenue fell about $2 billion short of…
MetLife Third-quarter Profit More Than Halves On Lower Investment Returns
(Reuters) – MetLife Inc on Wednesday reported a 53% drop in third-quarter profit as economic pressures and a global market…
Problem-plagued Boeing sets ambitious turnaround targets
Boeing officials vowed Wednesday to significantly increase airplane production and cash flow in the next few years as the company…
USDA says more than $200M will help meat processors expand
OMAHA, Neb. (AP) — The Agriculture Department announced more than $223 million in grants and loans Wednesday to help small-…
China Vows Commitment To Growth As Investors Bet On Easier COVID Policy
HONG KONG/BEIJING (Reuters) -Chinese policymakers pledged on Wednesday that growth was still a priority and they would press on with…
Fed’s Powell: ‘Ultimate Level’ Of Rates Likely Higher Than Earlier Estimates
(Reuters) – The “ultimate level” of the Federal Reserve’s benchmark policy rate is likely higher than previously estimated, Fed Chair…
Musk: People banned from Twitter won’t be restored for weeks
NEW YORK (AP) — Elon Musk said Wednesday that Twitter will not allow anyone who has been kicked off the…
U.S. SEC Proposes New Liquidity, Pricing Rules For Mutual Funds
By John McCrank and Chris Prentice (Reuters) -The U.S. Securities and Exchange Commission on Wednesday proposed new rules aimed at…