Nikola Posts Wider Quarterly Loss As Production Costs Rise
(Reuters) -Nikola Corp reported wider quarterly losses on Thursday, with the electric-truck maker incurring higher costs as it ramped up…
2022
As diversity rises, US boards still disproportionately white
NEW YORK (AP) — Amid the push to get U.S. boardrooms to look more like companies’ customers and employees, advocates…
OPEC+ Sticks To Modest Oil Output Hike Despite Price Rally
By Maha El Dahan, Ahmad Ghaddar and Alex Lawler LONDON (Reuters) -OPEC+ agreed on Thursday to another modest monthly oil…
Wall Street, tech investors back Musk Twitter bid with $7B
Elon Musk has strengthened the equity stake in his $44 billion offer to buy Twitter with commitments of more than…
More Americans apply for jobless aid last week
WASHINGTON (AP) — More Americans applied for unemployment benefits last week but the total number of people collecting jobless aid…
Is this Rally Sustainable?
Markets ripped higher in late trade on Wednesday. The move came in response to a question posted to Fed Chair…
ECB Sees Sequence Of Moves To Lift Rates Into Positive Territory: Lane
FRANKFURT (Reuters) -The European Central Bank is preparing for a sequence of rate hikes that will put its benchmark rate…
European Banks Weather Ukraine War In Q1 Earnings
LONDON (Reuters) – European banks counted the rising cost of war in Ukraine on Thursday as France’s Societe Generale, Credit…
Inflation in Turkey soars to eye-popping near 70% in April
ANKARA, Turkey (AP) — Inflation in Turkey soared to nearly 70% in April, official data showed Thursday, as skyrocketing prices…
Bank of England raises key rate to highest level in 13 years
LONDON (AP) — The Bank of England raised its key interest rate to the highest level in 13 years on…