US dollar skids as Fed’s Powell hints at June pause, debt talks stall
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar fell on Friday after Federal Reserve Chair Jerome Powell struck a…
Business
Ontario to offer more money for Stellantis to resume battery plant
By Sam Jabri-Pickett TORONTO (Reuters) -The Ontario government on Friday offered to increase financial support for carmaker Stellantis’s battery plant…
U.S. Forest Service pauses timeline for Rio Tinto Arizona copper mine
By Ernest Scheyder (Reuters) – The U.S. Forest Service has told a federal court it is not sure when it…
Investors look past US tech sector as uncertain environment clouds outlook
By Lisa Pauline Mattackal and Divya Chowdhury MUMBAI (Reuters) – Investors are looking beyond the U.S. technology sector’s bounceback this…
Amgen agrees not to seek quick close to Horizon acquisition
WASHINGTON (Reuters) – Amgen Inc has agreed not to quickly close on its $27.8 billion acquisition of Horizon Therapeutics after…
JPMorgan investors to scrutinize First Republic takeover
By Nupur Anand NEW YORK (Reuters) -As JPMorgan Chase & Co CEO Jamie Dimon prepares to take the stage for…
‘ESG’ in U.S. finance job titles comes with 20% pay premium
By Isla Binnie NEW YORK (Reuters) – U.S.-based bankers and money managers whose job titles include “ESG” or “sustainability” earn…
TuSimple to restructure US business, lay off 30% staff (May 18)
(This May 18 story has been corrected to say that the company will reduce its global workforce by 30%, not…
Yellen told bank CEOs more mergers may be necessary, CNN reports
By Doina Chiacu and David Lawder WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen told bank CEOs on Thursday that more…
Instagram prepares Twitter competitor for summer release – Bloomberg News
(Reuters) – Meta Platforms’ Instagram is planning to release a text-based app that will compete with Twitter and may debut…