Wall St Slumps As Investors Fret On Rate Hikes And Recession
By David French (Reuters) – Wall Street’s main indexes slumped to close well down on Friday, as rattled investors continued…
2022
UAW Will Seek Faster Recognition In GM’s U.S. Joint-venture Battery Plants
By Joseph White and David Shepardson TOLEDO, Ohio/WASHINGTON (Reuters) – The United Auto Workers will seek a speedier recognition from…
GM spending $760M to convert Toledo factory to make EV parts
TOLEDO, Ohio (AP) — General Motors says it will spend $760 million to renovate its transmission factory in Toledo, Ohio,…
Wall St Slumps More Than 2% As Investors Fret On Recession Worries
By David French (Reuters) – Wall Street slumped more than 2% on Friday as investor concerns about the health of…
FedEx Needs To Deliver On Cost-cut Plan As Investor Patience Wanes -analysts
By Kannaki Deka (Reuters) -FedEx Corp’s new chief executive needs to show he can deliver on the promise of implementing…
US to seek stronger labor, environmental standards in Asia
WASHINGTON (AP) — The U.S. is outlining its goals for a new trade deal with Australia, Japan, South Korea and…
Britain Sends Investors Fleeing With Historic Tax Cuts And Borrowing
By David Milliken, Andy Bruce and Kate Holton LONDON (Reuters) -Britain’s new finance minister Kwasi Kwarteng unleashed historic tax cuts…
Toyota Motor To Close Its Factory In Russia
MOSCOW (Reuters) -Japan’s Toyota Motor Corp said on Friday that it had decided to end vehicle production in Russia due…
Oil Plunges To Eight-month Low On Strong Dollar, Recession Fears
By Scott DiSavino NEW YORK (Reuters) -Oil prices plunged about 5% to an eight-month low on Friday as the U.S….
Oil Prices Plunge 4% With Recession Fears In Focus
By Julia Payne LONDON (Reuters) -Oil prices dumped on Friday to trade at levels not seen since January as the…