UK Unemployment Hits 48-year Low, Pushing Up Pay
By David Milliken and William Schomberg LONDON (Reuters) -Britain’s jobless rate hit a 48-year low in the first three months…
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Fed’s Evans Backs ‘front-loaded’ Rate Hikes, Then Measured Pace
By Dan Burns (Reuters) – Chicago Federal Reserve Bank President Charles Evans on Tuesday said he supports an initial burst…
Glass Lewis Backs McDonald’s Directors In Boardroom Fight With Carl Icahn
By Svea Herbst-Bayliss BOSTON (Reuters) – Proxy advisory firm Glass Lewis on Tuesday recommended McDonald’s Corp investors vote for the…
Netflix Lays Off About 150 Employees, Mostly In The U.S
(Reuters) -Netflix on Tuesday said it has laid off about 150 people, mostly in the United States, as the streaming…
Environmentalists oppose more life for California nuke plant
LOS ANGELES (AP) — Dozens of environmental and anti-nuclear organizations expressed opposition Tuesday to any attempt to extend the life…
Argo touts driverless operations in Miami and Austin, Texas
NEW YORK (AP) — An autonomous vehicle technology company that partners with Ford and Volkswagen says it has started driverless…
U.S. Senator Manchin Backs Michael Barr For Top Fed Regulatory Job
By Pete Schroeder (Reuters) – U.S. Democratic Senator Joe Manchin, who on occasions votes against his party in the evenly…
Wall Street Ends Sharply Higher, Fueled By Apple
By Noel Randewich and Amruta Khandekar (Reuters) – Wall Street finished sharply higher on Tuesday, lifted by Apple, Tesla and…
Allianz To Pay $6 Billion In U.S. Fraud Case, Fund Managers Charged
By Tom Sims, Alexander Hübner and Jonathan Stempel NEW YORK/MUNICH (Reuters) -Germany’s Allianz SE agreed to pay more than $6…
Powell: Fed to keep hiking rates until it controls inflation
WASHINGTON (AP) — Chair Jerome Powell on Tuesday underscored the Federal Reserve’s determination to keep raising interest rates until there…