US Supreme Court Throws Out Ruling Against Slack Over Direct Listing
By Andrew Chung (Reuters) -The U.S. Supreme Court on Thursday gave Salesforce Inc’s Slack Technologies another chance to avoid a…
2023
US construction spending surges in April
WASHINGTON (Reuters) – U.S. construction spending surged in April, boosted by investment in nonresidential structures, but higher mortgage rates continued…
US agency steps up safety probe into air bag ruptures
By David Shepardson WASHINGTON (Reuters) -U.S. auto safety regulators have stepped up a long-running investigation into potentially defective air bag…
BRICS Summit will be held in Johannesburg, says South African minister
CAPE TOWN (Reuters) – The BRICS Summit of heads of state will be held in Johannesburg in August, Foreign Minister…
U.S. manufacturing slumps further in May; employment picks up -ISM
WASHINGTON (Reuters) – U.S. manufacturing contracted for a seventh straight month in May as new orders continued to plummet amid…
U.S. first-quarter productivity revised up; labor costs growth lowered
(Refiles to remove extraneous words in paragraph 7) WASHINGTON (Reuters) – U.S. worker productivity slumped in the first quarter, though…
Analysis-US debt-ceiling deal dooms Biden’s revolutionary tax plans
By David Lawder WASHINGTON (Reuters) – U.S. President Joe Biden’s 2020 campaign promise to make wealthy Americans and corporations pay…
EV maker Lucid to raise $3 billion, mainly from Saudi’s PIF
By Akriti Sharma and Abhirup Roy (Reuters) – Lucid Group said it plans to raise about $3 billion through a…
IKEA stores owner Ingka buys warehouse software firm Made4Net
LONDON (Reuters) – The largest owner of IKEA stores has acquired supply chain software firm Made4Net as the Swedish furniture…
Russia to hold rates next week, 2023 GDP growth seen improving – Reuters poll
By Alexander Marrow and Elena Fabrichnaya (Reuters) – Russia will hold its key lending rate at 7.5% next week, a…