Perfect storm in Minnesota labor market is worrying harbinger for the Fed
By Howard Schneider FARIBAULT, Minnesota (Reuters) – Demand for Daikin Applied Americas Inc’s climate control equipment is soaring, and worker…
May 2, 2023
U.S. announces 288 arrests in sweep to combat illicit opioid trafficking
By Sarah N. Lynch and Jasper Ward WASHINGTON (Reuters) -The U.S. Justice Department announced on Tuesday the arrest of 288…
In race for efficient EVs, Mercedes taps F1 team to keep up with Tesla
By Nick Carey BRIXWORTH, England (Reuters) – Mercedes-Benz has plugged its Formula One team into the engineering process to build…
BP’s profit hits $5 billion but shares slip on slowing buybacks
By Ron Bousso and Shadia Nasralla LONDON (Reuters) – BP made a $5 billion profit in the first quarter of…
Thomson Reuters Profit Tops Estimates As It Plans AI Push
By Helen Coster and Kenneth Li NEW YORK (Reuters) -Thomson Reuters Corp on Tuesday reported higher-than-expected sales and operating profit in…
Ex-Minneapolis officer found guilty of aiding in George Floyd killing
By Jonathan Allen and Brendan O’Brien (Reuters) -Former Minneapolis police officer Tou Thao was found guilty of aiding and abetting…
Pfizer leans on COVID products to top estimates
By Bhanvi Satija and Raghav Mahobe (Reuters) – Pfizer Inc on Tuesday reported higher-than-expected first-quarter revenue and profit, buoyed by…
Key Fed officials see low-rate world as likely to return one day
By Michael S. Derby (Reuters) – For all the assertions that the pandemic and the inflation surge that followed it…
Italy CPI rises again in April amid energy prices volatility
By Antonella Cinelli ROME (Reuters) – Italian inflation jumped unexpectedly in April, driven by another spike in energy prices, official…
Explainer-Could Biden avert a debt default by using the 14th Amendment?
By Andy Sullivan and Jacqueline Thomsen WASHINGTON (Reuters) – The divided U.S. Congress is running out of time to raise…