By Savyata Mishra (Reuters) – (This June 30 story has been officially corrected to drop the reference to aspartame being removed from PepsiCo products in 2020, in paragraph 9. A PepsiCo spokesperson corrected an earlier statement from an outside company spokesperson) Coca-Cola will only see a limited impact if the world health agency classifies the…
By Lawrence Delevingne and Huw Jones (Reuters) -U.S. stocks rose again and global equities hit new highs for 2023 on Thursday, while the dollar and Treasury yields continued to slide, as slowing U.S. inflation stoked bets that the Federal Reserve will pause rate hikes after this month. Wall Street’s main stock indexes built on Wednesday’s…
By David Shepardson and Christopher Bing WASHINGTON (Reuters) – U.S. Commerce Department Secretary Gina Raimondo was among a group of senior U.S. officials whose emails were hacked earlier this year by a group Microsoft says is based in China, according to a person briefed on the matter, as fallout from the digital theft continues to…
(Reuters) – The U.S. Environmental Protection Agency (EPA) on Thursday said Callon Permian LLC was fined $1.3 million for excess emissions from tanks, flares and other equipment at company’s oil and gas facilities in the West Texas Permian Basin. The EPA said it identified emissions using a helicopter equipped with a special infrared camera that…
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar sank to its lowest since April 2022 on Thursday, as cooling U.S. inflation bolstered expectations the Federal Reserve would hike interest rates just one more time this year, eroding the greenback’s yield advantage over its peers. Against a basket of six currencies, the dollar index fell…
By Luc Cohen NEW YORK (Reuters) -The founder and a former executive of college financial aid startup Frank pleaded not guilty on Thursday to U.S. criminal charges of defrauding JPMorgan Chase into buying the company for $175 million. Charlie Javice, 31, who founded Frank, entered her not guilty plea to an amended indictment accusing her…
(Reuters) – Hollywood actors will go on strike beginning midnight after talks with studios broke down, said Duncan Crabtree-Ireland, chief negotiator for SAG-AFTRA, the actors’ union, on Thursday. (Reporting By Dawn Chmielewski in Los Angeles)
BUENOS AIRES (Reuters) -Argentines are tightening their wallets to make end meets as the South American country battles inflation which could surpass 140% on an annual basis this year, hunting for the cheapest prices on basic goods to shield their income. Inflation in the 12 months through June hit 115.6%, official data showed on Thursday….
MEXICO CITY (Reuters) – Mexico’s government and railroad company Canadian Pacific Kansas City (CPKC) have formalized an agreement to study the viability of a passenger rail line from Mexico City to the city of Queretaro, some 140 miles (220 km) north-west from the capital. “An agreement was signed 15, 20 days ago where the business…
By David Lawder WASHINGTON (Reuters) -The International Monetary Fund said on Thursday that first quarter global growth slightly outpaced projections in its April forecasts, but data since then has shown a mixed picture, with “pockets of resilience” alongside signs of slowing momentum. The IMF said in a briefing note for a G20 finance leaders meeting…
