White House says West Coast port negotiations show some progress
By David Shepardson and Lisa Baertlein WASHINGTON/LOS ANGELES (Reuters) -West Coast port employers and the union representing 22,000 workers have…
Economy
Online retailer Overstock to buy some assets of Bed Bath & Beyond
(Reuters) – Overstock.com will buy certain assets of bankrupt home goods retailer Bed Bath & Beyond for $21.5 million, the…
Avolon says $4 trln needed to transform global jet fleet
By Tim Hepher PARIS (Reuters) -Global aviation needs $4 trillion over the next 20 years to fund new commercial deliveries…
Exclusive-Canada bank regulator says lenders should urgently tackle risks from mortgage extensions
By Nivedita Balu TORONTO (Reuters) -Canada’s financial regulator is urging lenders to tackle risks from mortgage extensions at the “earliest…
BoE’s Bailey says data show labour market ‘very tight’
LONDON (Reuters) -Bank of England Governor Andrew Bailey said on Tuesday that official data published earlier in the day showed…
Meta releases ‘human-like’ AI image creation model
By Katie Paul NEW YORK (Reuters) – Meta Platforms said on Tuesday that it would provide researchers with access to…
Ryan Cohen scoops up GameStop stock worth $10 million, shares rise
(Reuters) – Ryan Cohen has bought GameStop stock worth $10 million, a securities filing showed on Tuesday, in a sign…
US consumer watchdog defends credit card ‘junk fee’ proposal
(Reuters) – The top U.S. consumer watchdog on Tuesday defended a proposal to limit late fees charged on credit card…
Cineworld to file for administration as part of restructuring plan – Sky News
(Reuters) -British cinema chain operator Cineworld is preparing to file for administration as a part of a financial restructuring plan,…
New inflation data tests Fed’s faith in housing slowdown thesis
By Howard Schneider WASHINGTON (Reuters) – Federal Reserve officials for months have been counting on slower-rising U.S. housing prices to…