U.S. Opens New Special Crash Probe Into Fatal Tesla Crash
WASHINGTON (Reuters) – The National Highway Traffic Safety Administration (NHTSA) said Wednesday it is opening a new special crash investigation…
2023
Fed’s Powell: No Call Made Yet On Size Of March Rate Rise
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Chair Jerome Powell said Wednesday that officials have not yet…
Campbell Soup Lifts Sales Outlook As Americans Keep Snacking
By Deborah Mary Sophia (Reuters) -Campbell Soup Co raised its annual sales forecast after topping Wall Street estimates for quarterly…
Canada’s Trade Surplus Widens To C$1.92 Billion In January On Food, Autos
OTTAWA (Reuters) – Canada recorded a surprise trade surplus of C$1.9 billion ($1.38 billion) in January, driven by broad-based gains…
Adidas Boss Eyes Turnaround After Kanye West Split
By Alexander Hübner and Helen Reid HERZOGENAURACH, Germany/London (Reuters) – Adidas will slash its 2022 dividend, the sporstwear maker said…
Adidas CEO Promises Turnaround After Costly Yeezy Split
By Alexander Hübner HERZOGENAURACH, Germany (Reuters) – Adidas will slash its 2022 dividend, the sporstwear maker said on Wednesday, warning…
Asian Stocks Sink, Dollar Buoyant After Hawkish Powell Comments
(Corrects paragraph 5 to show the Fed raised rates by 25 bps in February and 50 bps in December) By…
Taking Fed’s lead, UK investors fully price in BoE hike in March
LONDON (Reuters) – British investors on Wednesday fully priced in a 0.25 percentage point increase in Bank of England interest…
Analysis-China’s Financial Regulatory Revamp Raises Hope, Some Concern Over Control
By Xie Yu, Selena Li and Carolina Mandl HONG KONG/NEW YORK (Reuters) – A new Chinese financial watchdog will help…
Adidas To Slash Dividend After Kanye West Split
By Alexander Hübner BERLIN (Reuters) -Adidas will slash its 2022 dividend, it said Wednesday, warning a split with rapper and…