California’s cannabis firms band together to address credit woes
(Reuters) – A coalition of cannabis firms, representing about 45% sales volume in California, on Tuesday started an effort to…
Business
US consumer spending appears solid early in second quarter
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer spending appears to have increased solidly in April, with households boosting purchases…
JPMorgan CEO says unlikely to acquire other struggling banks
By Nupur Anand and Niket Nishant NEW YORK (Reuters) – JPMorgan Chase & Co CEO Jamie Dimon said that it…
UN forecasts world economic growth of 2.3% in 2023, 2.5% in 2024
UNITED NATIONS (Reuters) – Global economic growth is projected to be 2.3% in 2023, up 0.4 percentage points from a…
Making the four-day week work for Britain
By Sarah Young and David Milliken HOVE, England (Reuters) – Two workers glide between a computer screen and a stainless…
China’s Baidu beats earnings estimates as chatbot awaits govt approval
By Eduardo Baptista and Yuvraj Malik (Reuters) – Search engine giant Baidu Inc beat first-quarter revenue and profit estimates on…
Comcast likely to sell Hulu stake to Disney by early 2024 – CNBC
(Reuters) – Comcast Corp will likely sell its 33% stake in streaming platform Hulu to Walt Disney Co early next…
UK’s competition boss: We do not want a hostile environment for tech
LONDON (Reuters) – The head of Britain’s anti-trust regulator said it was not seeking to create a “hostile environment” for…
Stellantis recalls 219,000 Jeep SUVs over fire risks
By David Shepardson WASHINGTON (Reuters) -Chrysler-parent Stellantis said on Tuesday it is recalling 219,000 Jeep Cherokee SUVs worldwide for fire…
Fed’s Barkin: ‘Comfortable’ with more hikes if needed – Bloomberg TV
(Reuters) – Richmond Federal Reserve President Thomas Barkin on Tuesday he likes the “optionality” implied in the central bank’s latest…