Fed Chair Powell Is Not Done Telling Markets Where Rates Will Go
By Ann Saphir WASHINGTON (Reuters) – Since it began its current round of interest-rate hikes this year, the U.S. Federal…
2022
Coke revenue rises along with prices; ups outlook for 2022
The Coca-Cola Co. posted strong sales in the second quarter due to price increases and rising demand from restaurants, theme…
Oil-funded Rockefeller Foundation centers fight for climate
NEW YORK (AP) — The Rockefeller Foundation, created with wealth generated from the oil industry more than a century ago,…
Europe Agrees Compromise Gas Curbs As Russia Squeezes Supply
By Kate Abnett BRUSSELS (Reuters) -European Union countries approved a weakened emergency plan to curb their gas demand on Tuesday,…
German strike forces Lufthansa to cancel hundreds of flights
BERLIN (AP) — Lufthansa says it will have to cancel almost all flights at its main Frankfurt and Munich hubs…
Hobbled by chip, other shortages, GM profit slides 40% in Q2
DETROIT (AP) — General Motors’ second-quarter net income fell 40% from a year ago as computer chip and parts shortages…
UBS Set For Challenging Second Half After 2nd Qtr Disappoints
By Oliver Hirt and Tom Sims ZURICH (Reuters) -UBS posted a smaller-than-expected quarterly profit as turmoil in financial markets hurt…
Asian stocks follow Wall Street ahead of likely US rate hike
BEIJING (AP) — Asian stock markets followed Wall Street lower Wednesday as traders prepared for a possible sharp interest rate…
U.S. Solar Industry Jobs Rose 9% In 2021, Mainly In Installation
By Nichola Groom (Reuters) – The number of jobs in the U.S. solar energy industry rose 9% last year to…
UBS, Retailers Weigh On European Stocks Amid Recession Worries
(Reuters) – European stocks fell on Tuesday as a slide in retailers and Swiss bank UBS offset a rally in…