April 7, 2023
US Inflation Data To Test Market’s Bets On Future Fed Easing
By Lewis Krauskopf NEW YORK (Reuters) – A closely watched U.S. inflation report next week could help settle one of…
First Republic Bank To Suspend Dividends On Preferred Stock
(Reuters) – First Republic Bank said in a regulatory filing on Friday that it will suspend payments of quarterly cash…
Bank Deposits Edge Up After Record Outflows, Fed Data Shows
By Dan Burns (Reuters) – Deposits at U.S. commercial banks rose near the end of March for the first time…
U.S. Opens Safety Probe Into Tesla That Struck Student In North Carolina
By David Shepardson WASHINGTON (Reuters) – U.S. safety authorities said on Friday they are investigating whether an advanced driver assistance…
Qualcomm, Nvidia Spar For Top Spot In AI Chip Efficiency Tests
(An earlier version of this story included incorrect results for some of Qualcomm’s tests and rankings and incorrectly stated that…
WeWork Adopts Shareholder Rights Plan To Protect Ability To Reduce Future Tax Bills
(Reuters) – WeWork Inc. on Friday said it has adopted a “poison pill” to limit its shareholders from increasing stakes,…
Tesla Recalls 422 U.S. Vehicles Over Suspension Part
By David Shepardson WASHINGTON (Reuters) -Tesla is recalling just over 400 Model 3 vehicles in the United States because front…
Inside The US Jobs Report: Record-low Black Unemployment
By Dan Burns and Howard Schneider (Reuters) – The Black unemployment rate hit a record low in March, a milestone…
China Signals Wait-and-see Stance On Big Jet Orders
By Tim Hepher and Sophie Yu PARIS/BEIJING (Reuters) – China and France will study the need for cargo planes and…
Brazil Prosecutors Seek $2.5 Billion In Damages From Alleged Orange Juice Cartel
By Ricardo Brito (Reuters) -Giants of the orange juice trade in Brazil have become defendants in a class-action lawsuit seeking…
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