Perfect storm in Minnesota labor market is worrying harbinger for the Fed
By Howard Schneider FARIBAULT, Minnesota (Reuters) – Demand for Daikin Applied Americas Inc’s climate control equipment is soaring, and worker…
Economy
In race for efficient EVs, Mercedes taps F1 team to keep up with Tesla
By Nick Carey BRIXWORTH, England (Reuters) – Mercedes-Benz has plugged its Formula One team into the engineering process to build…
BP’s profit hits $5 billion but shares slip on slowing buybacks
By Ron Bousso and Shadia Nasralla LONDON (Reuters) – BP made a $5 billion profit in the first quarter of…
Key Fed officials see low-rate world as likely to return one day
By Michael S. Derby (Reuters) – For all the assertions that the pandemic and the inflation surge that followed it…
Italy CPI rises again in April amid energy prices volatility
By Antonella Cinelli ROME (Reuters) – Italian inflation jumped unexpectedly in April, driven by another spike in energy prices, official…
HSBC soothes shareholders by restoring dividend as profit triples
By Selena Li and Lawrence White HONG KONG/LONDON (Reuters) – HSBC tripled its profit in the first quarter as rising…
AerCap says aircraft delivery delays boosting leases, sales
DUBLIN (Reuters) – AerCap expects to deliver full-year earnings at the higher end of its guidance as a broadening travel…
US factory orders rebound on aircraft in March
WASHINGTON (Reuters) – New orders for U.S.-made goods rebounded in March, boosted by a jump in civilian aircraft bookings, but…
Germany must focus on sustainability of public finances – Fin Min
BERLIN (Reuters) – Germany needs to be decisive in consolidating its public finances and to set clear spending priorities, German…
How JPMorgan’s Dimon won the First Republic deal
By Nupur Anand, Anirban Sen, David French and Isla Binnie NEW YORK (Reuters) -On March 12, as several U.S. banks…