Japan’s Inflation Driven By Energy, Commodity Costs, Says PM Kishida
TOKYO (Reuters) – Japanese Prime Minister Fumio Kishida said on Tuesday recent price rises in the country were driven largely…
S.Korea’s GDP Growth At 11-year High In 2021 As Exports Boom
By Cynthia Kim SEOUL (Reuters) – South Korea’s economy expanded at the fastest pace in 11 years in 2021 thanks…
Peloton Stock Jumps As Blackwells Pushes For CEO Ouster, Sale
By Svea Herbst-Bayliss (Reuters) -Peloton Interactive Inc’s stock surged on Monday after investment firm Blackwells Capital urged the exercise equipment…
U.S. To Move Faster To Address Unfair Airline Consumer Practices
By David Shepardson WASHINGTON (Reuters) -The U.S. Transportation Department (USDOT) announced on Monday it is issuing a new rule to…
Walmart’s Mexico Unit Considering ‘strategic Alternatives’ In Central America
MEXICO CITY (Reuters) -Walmart’s Mexico unit is considering “strategic alternatives” to its operations in Central America, including a sale or…
Railroad contract talks head for mediation after impasse
OMAHA, Neb. (AP) — Contract talks between the biggest freight railroads and unions that represent 105,000 employees are headed to…
Explainer-The U.S. Export Rule That Hammered Huawei Teed Up To Hit Russia
(Reuters) – The Biden administration is readying a U.S. export rule used against Chinese telecoms equipment maker Huawei that could…
Three U.S. States, D.C. Sue Google Over Location-tracking
By David Shepardson and Doina Chiacu WASHINGTON (Reuters) -Texas, Indiana, Washington State and the District of Columbia sued Alphabet Inc’s…
Facebook parent Meta creates powerful AI supercomputer
MENLO PARK, Calif. (AP) — Facebook’s parent company Meta on Monday said it has created what it believes is among…
IBM Beats Revenue Expectations On Cloud, Consulting Strength
(Reuters) – IBM beat fourth-quarter revenue expectations on Monday, bolstered by its cloud and consulting businesses as more enterprises turned…