Ukraine War Throws VW Outlook Into Question, CEO Warns
By Victoria Waldersee and Miranda Murray BERLIN (Reuters) -A lack of wiring harnesses from Ukraine has overtaken a shortage of…
2022
Intel unveils $88B chipmaking expansion plan for Europe
LONDON (AP) — U.S. chipmaker Intel unveiled plans on Tuesday to invest up to 80 billion euros ($88 billion) across…
Toronto Index Falls As Sliding Commodities Weigh On Energy, Material Stocks
By Bansari Mayur Kamdar (Reuters) – Canada’s benchmark index extended losses for a third straight session on Tuesday, as weakness…
Sudden braking in 2 VW SUV models draws regulatory scrutiny
DETROIT (AP) — First came the beeping alarms and the dashboard lights warning that something had gone haywire. Then the…
Russia To Spend $9 Billion To Rebuild Supply Chains, PM Says
(Reuters) – Russia plans to spend 1 trillion roubles ($9 billion) on so-called anti-crisis measures, Prime Minister Mikhail Mishustin said…
Michelin Suspends Its Activities In Russia
(Reuters) – France’s Michelin is suspending its industrial activity in Russia as well as exports to the country, the tyre…
Legal services nonprofits aid those struggling to keep homes
Elizabeth Vermillera, a retired pharmaceutical technician, spends her days handing out donated clothes and food to people in Baltimore. Since…
Russia’s VTB Closes London-based Investment Bank As Sanctions Bite
By Lawrence White LONDON (Reuters) – Russia’s second-biggest bank VTB is closing the London-based arm of its investment banking unit…
The Amazon Stock Split and Implications for the Dow
Tech giant Amazon (AMZN) announced a 20-for-1 split its stock last week. This caught the markets attention as the Pavlovian…
U.S. Consumers To Spend Record $1 Trillion Online In 2022 – Report
(Reuters) – U.S. consumer spending on e-commerce is expected to hit a record $1 trillion this year thanks to the…