Fed begins inflation fight with key rate hike, more to come
WASHINGTON (AP) — The Federal Reserve launched a high-risk effort Wednesday to tame the worst inflation since the early 1980s,…
Headlines
Amazon To Divert Freight As Some Chinese Cities Go Under Lockdown
(Reuters) -Amazon.com Inc said it would counter any disruptions due to the lockdowns in Chinese cities by diverting freight to…
BMW To Prioritise EVs Amid Ukraine Crisis, Chip Troubles
By Victoria Waldersee and Christina Amann BERLIN (Reuters) -BMW cut its car division’s 2022 profit margin forecast on Wednesday and…
Sri Lankan leader seeks IMF help as economic crisis deepens
COLOMBO, Sri Lanka (AP) — Sri Lanka’s president said Wednesday that his government was in discussions with the International Monetary…
BMW, VW warn of shortages from part suppliers in Ukraine
LONDON (AP) — BMW and Volkswagen warned this week that Russia’s invasion of Ukraine is causing shortages of some vital…
Wall Street Surges On Ukraine Peace Talks As Fed Decision Eyed
By Devik Jain and Bansari Mayur Kamdar (Reuters) -Wall Street’s main indexes jumped on Wednesday, propelled by technology and financial…
Starbucks’ Schultz To Return As CEO Johnson Retires Amid Union Battle
By Hilary Russ NEW YORK (Reuters) -Starbucks’ longtime former Chief Executive Officer Howard Schultz will return temporarily after Kevin Johnson…
Lake Powell hits historic low, raising hydropower concerns
SALT LAKE CITY (AP) — A massive reservoir known as a boating mecca dipped below a critical threshold on Tuesday…
Meet The Company Where Staff Work Less, But Produce More
By Lucien Libert LYON, France (Reuters) – When French company boss Laurent de la Clergerie decided to let his staff…
Analysis-Russian Airlines Face Safety Countdown To Secure Parts
By Jamie Freed, Allison Lampert and Tim Hepher (Reuters) – Russian airlines have weeks to orchestrate alternative supplies of banned…