(Reuters) – Deutsche Bank has hired former Goldman Sachs executive Rod Colburn to their Wealth Management Americas business, according to an internal memo seen by […]
US inflation will likely stay high even as gas prices fall
WASHINGTON (AP) — Americans may finally be catching a break from relentlessly surging prices — if just a slight one — even as inflation is […]
Twitter Down For Thousands Of Users – Downdetector
(Reuters) – Twitter Inc was down for thousands of users on Tuesday, according to outage tracking website Downdetector.com. Downdetector, which tracks outages by collating status […]
U.S. Power Use To Reach Record High In 2022 As Economy Grows, EIA Says
(Reuters) – U.S. power consumption will rise to a record high in 2022 as the economy grows, the U.S. Energy Information Administration (EIA) said in […]
Ecuador’s Debt Payments Not Affected By Luxembourg Asset Freeze – Government Says
By Alexandra Valencia QUITO (Reuters) – Ecuador’s capacity to meet its external debt obligations has not been affected by a Luxembourg court’s decision to freeze […]
Russia curtails oil shipments to central Europe
Several countries in Europe dependent on Russian energy suffered another blow with confirmation Tuesday that oil shipments have stopped through a critical pipeline. Russian state […]
Warren Buffett’s company has bet $47B on the oil sector
OMAHA, Neb. (AP) — Warren Buffett’s company has bought up more than $11 billion worth of Occidental Petroleum stock this year, giving Berkshire Hathaway control […]
Biden Signs Bill To Boost U.S. Chips, Compete With China
By David Shepardson and Jeff Mason WASHINGTON (Reuters) -President Joe Biden on Tuesday signed a landmark bill to provide $52.7 billion in subsidies for U.S. […]
Dreaded ‘down Rounds’ Shave Billions Off Startup Valuations
By Manya Saini (Reuters) – Several high-flying startups are being brought down to earth, as a recent carnage in global equity markets and lackluster demand […]
Most electric vehicles won’t qualify for federal tax credit
DETROIT (AP) — A tax credit of up to $7,500 could be used to defray the cost of an electric vehicle under the Inflation Reduction […]