Biden does not expect a recession, says US economy is ‘strong’
WASHINGTON (Reuters) – President Joe Biden said on Tuesday the United States economy is “strong now” and he does not…
Business
Jefferies beats profit estimates as capital market revival offsets deal slump
By Jaiveer Shekhawat and Lananh Nguyen (Reuters) -Jefferies Financial Group Inc on Tuesday posted second-quarter profit that edged past analysts’…
United Airlines CEO blames FAA as storms trigger more flight cancellations
(Reuters) – United Airlines Chief Executive Scott Kirby has blamed the Federal Aviation Administration (FAA) after severe storms led to…
Google aims to avoid ‘perverse’ regulation in Brazil, says executive
By Patricia VilasBoas SAO PAULO (Reuters) – The top executive of Google Brazil said on Tuesday the company encourages greater…
Wall Street closes higher as upbeat economic data allays slowdown fears
By Sinéad Carew, Sruthi Shankar and Johann M Cherian (Reuters) – U.S. stock indexes rebounded on Tuesday from a recent…
Marketmind: Risk back on as slowdown blues fade
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist….
Disney beats investor lawsuit over feud with DeSantis
By Tom Hals WILMINGTON, Delaware (Reuters) – The Walt Disney Co board did not act negligently when it criticized a…
Circor sticks with sale to KKR despite higher Arcline bid
By Aishwarya Nair (Reuters) – Circor International Inc said on Tuesday it would proceed with plans to sell itself to…
US considering new restrictions on AI chip exports to China – WSJ
(Reuters) – The United States is considering new restrictions on exports of artificial intelligence chips to China, the Wall Street…
Mexico’s Nuvocargo snags $36.5 million in investment tied to US-Mexico trade
By Valentine Hilaire MEXICO CITY (Reuters) – Mexican shipping startup Nuvocargo announced on Tuesday it had raised $36.5 million in…