Employers say union is disrupting work at Southern California seaports
LOS ANGELES (Reuters) – The Pacific Maritime Association on Thursday said the largest longshore union local on the West Coast…
Business
Catalent flags problems at its manufacturing plants; CFO departs
(Reuters) – Contract drug manufacturer Catalent Inc on Friday warned that slow production at three of its facilities will impact…
EU’s Dombrovskis sees some progress on steel, battery minerals talks with U.S
By David Lawder WASHINGTON (Reuters) -European Commission Executive Vice President Valdis Dombrovskis said on Friday that the bloc wants to…
Euro zone inflation could get stuck above target: ECB’s Nagel
WASHINGTON (Reuters) – The European Central Bank needs to keep raising interest rates even if most of its past hikes…
JPMorgan surpasses Wall St forecasts, winning business as crisis roils industry
By Niket Nishant and Nupur Anand (Reuters) -JPMorgan Chase & Co beat Wall Street’s estimates for quarterly profit and raised…
BlackRock eyes banking rout as chance for growth as inflows rise
By Jaiveer Shekhawat and Davide Barbuscia (Reuters) – BlackRock Inc expects dislocations created by a recent banking rout to present…
The case for a ‘one and done’ Fed rate hike grows as economy slows
By Howard Schneider and Ann Saphir WASHINGTON (Reuters) – Economic data has begun to fill in the portrait of a…
Citigroup beats estimates on higher income from loans; shares rise
By Tatiana Bautzer and Mehnaz Yasmin (Reuters) – Citigroup Inc’s first-quarter profit beat Wall Street expectations as it earned more…
U.S. banks highlight office real estate as next big worry
By Matt Tracy and Saeed Azhar (Reuters) – Some of the largest U.S. banks singled out office commercial real estate…
Weak retail sales, manufacturing output data point to slowing US economy
By Lucia Mutikani WASHINGTON (Reuters) – U.S. retail sales fell more than expected in March as consumers cut back on…