Thousands of union contracts to dissolve in Mexico’s fight against pro-company deals
By Daina Beth Solomon MEXICO CITY (Reuters) – Thousands of pro-business union contracts in Mexico are set to expire as…
Business
U.S. will not extend deadline on critical 5G airplane retrofit
By David Shepardson WASHINGTON (Reuters) -The Biden administration does not plan to extend a July 1 deadline for airlines to…
Fed in stride to pole-vault 5% policy rate, then perhaps catch its breath
By Howard Schneider WASHINGTON (Reuters) – The Federal Reserve kicks off a two-day policy meeting on Tuesday that is likely…
Chesapeake Energy profit beats on higher output of natural gas
By Arshreet Singh (Reuters) -U.S. oil and gas company Chesapeake Energy Corp on Tuesday beat estimates for first-quarter profit on…
Brazil pushes back on big tech firms’ campaign against ‘fake news law’
By Anthony Boadle BRASILIA (Reuters) – Brazil’s government and judiciary objected on Tuesday to big tech firms campaigning against an…
AMD shares sink on forecast miss as PC market remains weak
By Chavi Mehta, Jane Lanhee Lee and Stephen Nellis (Reuters) -Advanced Micro Devices shares slumped on Tuesday after the chipmaker…
PNC promises up to $15 billion in short-term debt to provide additional liquidity
(Reuters) -PNC Financial Services Group Inc said on Tuesday the parent company and its banking unit can offer up to…
Exclusive-White House: Fed interest rates having negative effect on banking
By Andrea Shalal WASHINGTON (Reuters) -A top White House economist on Tuesday said Federal Reserve interest rate hikes aimed at…
TikTok’s head of U.S. trust and safety will leave the company
By Sheila Dang (Reuters) -TikTok said on Tuesday its head of U.S. trust and safety, Eric Han, will depart the…
Carrefour Brasil swings to quarterly loss as BIG purchase weighs
SAO PAULO(Reuters) -Carrefour Brasil reported a first quarter net loss of 113 million reais ($22.39 million), hit by high investment…