(Reuters) – The Republican National Committee (RNC) filed a lawsuit against Google on Friday, for allegedly sending its emails to users’ spam folders. The U.S. political committee accuses the tech giant of “discriminating” against it by “throttling its email messages because of the RNC’s political affiliation and views,” according to a lawsuit filed in the…
By Shinji Kitamura and Yoshifumi Takemoto TOKYO (Reuters) – Japan intervened in the foreign exchange market on Friday to buy yen for the second time in a month after the currency hit a 32-year low near 152 to the dollar, a government official and another person familiar with the matter told Reuters. Japan has been…
MEXICO CITY (Reuters) – Mexico’s craft beer industry should grow by over 10% this year, the country’s brewing association ACERMEX said on Friday, even as it faces sky-rocketing costs and competition from European-owned heavyweights. “The effects of the pandemic, added to the war between Russia and Ukraine … have caused costs to skyrocket,” ACERMEX official…
By Ismail Shakil OTTAWA (Reuters) – Facebook warned on Friday that it may block sharing of news content on its platform in Canada over concerns about legislation that would compel digital platforms to pay news publishers. The Online News Act, introduced in April, laid out rules to force platforms like Meta’s Facebook and Alphabet’s Google…
(Reuters) – The Teamsters union, representing more than 18,000 workers, said it had ratified on Friday a national contract with Costco Wholesale Corp. The first-ever national agreement provides members with significant wage improvements over the next three years and a substantial increase in pension contributions by Costco, the International Brotherhood of Teamsters said in a…
By David Lawder WASHINGTON (Reuters) -The U.S. government on Friday reported that its fiscal 2022 budget deficit plunged by half from a year earlier to $1.375 trillion, due to fading COVID-19 relief spending and record revenues fueled by a hot economy, but student loan forgiveness costs limited the reduction. The U.S. Treasury said the $1.400…
By Stephen Culp NEW YORK (Reuters) – Wall Street closed sharply higher and benchmark Treasury yields hit pause on Friday following signals that the Federal Reserve might consider less aggressive inflation-curbing tactics after November. All three major U.S. stock surged more than 2%, and notched their biggest Friday-to-Friday percentage gains since June, closing the book…
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks jumped on Friday after a report said the U.S. Federal Reserve will likely debate on a smaller interest rate hike in December, raising hopes the central bank may be ready to adopt a less aggressive policy stance. Some Fed officials have begun sounding out their desire…
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar tumbled against the yen on Friday, logging its biggest daily drop against the Japanese currency in more than two months as traders and strategists said Japanese authorities may be in the market to stem a slide in their battered currency. The yen rose as high…
By Rajesh Kumar Singh CHICAGO (Reuters) – U.S. carriers including Delta Air Lines and United Airlines are betting big on American consumers’ unquenched thirst for travel across the Atlantic by adding more flights to Europe. U.S. airlines are responding to consumers emboldened by a more powerful U.S. dollar and more flexible work arrangements that allow…
