WASHINGTON (AP) — Twitter will pay a $150 million penalty and put in new safeguards to settle federal regulators’ allegations that the social platform failed […]
Australia’s Housing Boom To Deflate As Mortgage Rates Rise: Reuters Poll
By Vivek Mishra BENGALURU (Reuters) – Rampant rises in Australian house prices will grind almost to a halt this year, and an 8% decline is […]
Global Automakers Face Electric Shock In China
By Norihiko Shirouzu BEIJING (Reuters) – If global automakers think they can extend their dominance in China into the electric era, they may be in […]
Administration opposes airlines in lawsuit over crew breaks
The Biden administration has sided against the airline industry and urged the U.S. Supreme Court on Wednesday to uphold a California law that would provide […]
Asia’s War On Inflation Targets Supply, Not Consumers
By Stefanno Sulaiman and Orathai Sriring (Reuters) – From export bans to price controls, governments in Asia are taking a much more targeted approach than […]
Wall Street Rallies As Fed Minutes Meet Expectations
By Stephen Culp NEW YORK (Reuters) – Wall Street closed higher Wednesday, boosted after minutes from the Federal Reserve’s latest monetary policy meeting showed policymakers […]
Fed’s Brainard Sees Case For Central Bank Digital Currency
(Reuters) – Creating an official digital version of the U.S. dollar could help ensure financial system stability as crypo-assets and digital currencies developed by other […]
Blackrock, Other Major McDonald’s Shareholders Side With Company In Fight With Icahn – Source
BOSTON (Reuters) – Index fund BlackRock and other major McDonald’s shareholders are backing the company in a boardroom vote that puts the fast-food chain on […]
Musk To Provide $6.25 Billion More In Equity To Fund Twitter Deal
(Reuters) – Elon Musk has committed to provide an additional $6.25 billion in equity financing to fund a portion of the $44-billion deal to buy […]
World Bank’s Malpass Says War In Ukraine May Trigger Global Recession
WASHINGTON (Reuters) -World Bank President David Malpass on Wednesday suggested that Russia’s war in Ukraine and its impact on food and energy prices, as well […]