Western Digital Corp Sees Weak Fourth Quarter On Slower Recovery For Memory Chips
(Reuters) – Memory chip firm Western Digital Corp forecast fourth-quarter revenue and profit below Wall Street estimates on Monday, signaling…
May 2023
US judge temporarily suspends six creditors from joining Citgo auction
By Marianna Parraga HOUSTON (Reuters) – A U.S. court of appeals has granted Venezuela a temporary stay preventing six companies…
U.S. Senate committee to vote on bipartisan rail safety bill
WASHINGTON (Reuters) -The U.S. Senate Commerce Committee on Wednesday will vote on sweeping bipartisan rail safety legislation prompted by a…
Crypto stocks drop after Binance halts bitcoin withdrawals for hours
By Jaiveer Shekhawat (Reuters) -Shares of cryptocurrency- and blockchain-related companies fell in early trading hours on Monday after Binance halted…
EU draft Data Act puts trade secrets at risk, Siemens, SAP say
By Foo Yun Chee BRUSSELS (Reuters) – German business software maker SAP and German engineering company Siemens have joined U.S….
Banks tighten credit terms, see loan demand drop, Fed survey shows
By Howard Schneider and Ann Saphir (Reuters) -Credit conditions for U.S. business and households continued tightening in the first months…
Yellen is calling CEOs personally to warn on US debt ceiling -sources
By Andrea Shalal WASHINGTON (Reuters) – Treasury Secretary Janet Yellen is reaching out to U.S. business and financial leaders to…
Biden, McCarthy Aim To Break US Debt-ceiling Standoff As Default Crisis Looms
By David Morgan WASHINGTON (Reuters) – President Joe Biden and top Republicans and Democrats from Congress are set to sit…
Blinken threatened with contempt of US Congress over Afghanistan cable
By Patricia Zengerle WASHINGTON (Reuters) -The Republican chairman of the U.S. House of Representatives Foreign Affairs Committee threatened Secretary of…
US consumers’ inflation expectations mixed in April, NY Fed report shows
By Michael S. Derby (Reuters) – U.S. consumers said last month they expected slightly lower inflation in a year’s time,…