Charlie Munger downplays risk of Taiwan invasion, says crypto fans are ‘idiots’
By Jonathan Stempel (Reuters) – Charlie Munger, the longtime business partner of Warren Buffett at Berkshire Hathaway Inc, on Wednesday…
February 2023
U.S. House Judiciary Subpoenas Big Tech CEOs Over Free Speech
WASHINGTON (Reuters) -U.S. House Judiciary Committee Chairman Jim Jordan on Wednesday subpoenaed the chief executives of Alphabet, Amazon, Apple, Facebook…
Stellantis Recalls 340,000 Ram Trucks, Recommends Parking Outside
WASHINGTON (Reuters) – Chrysler-parent Stellantis is recalling 340,000 diesel Ram pickup trucks to replace an electrical connector after reports of…
World Bank Says President Malpass To Step Down On June 30
WASHINGTON (Reuters) – World Bank President David Malpass will step down on June 1 after more than four years at…
Airbus Appoints Thomas Toepfer As New CFO
(Reuters) – Airbus said on Wednesday it appointed Thomas Toepfer as its new chief financial officer. He will join the…
Lufthansa IT Meltdown Strands Thousands Of Passengers
By Ilona Wissenbach and Hakan Ersen FRANKFURT (Reuters) -An IT failure at Lufthansa stranded thousands of passengers and forced flights…
Boeing Says Still Facing Parts Shortages Amid Supply Squeeze
(Reuters) – Boeing Co’s finance chief said on Wednesday at a Cowen conference that the planemaker was still facing parts…
Wall St Slips As Strong Retail Sales Data Fuels Rate Worries
By Johann M Cherian and Sruthi Shankar (Reuters) – Wall Street’s main stock indexes fell on Wednesday after stronger-than-expected retail…
U.S. Manufacturing Output Surges In January
WASHINGTON (Reuters) – Production at U.S. factories rebounded in January, but output in the prior month was much weaker than…
New York Factory Activity Contracts Less Than Expected In February, NY Fed Says
(Reuters) – The New York Federal Reserve said on Wednesday its barometer of manufacturing activity in New York State contracted…