Lennar Profit Drops Nearly 50% As Supply Chain Snag Hits Deliveries
(Reuters) – U.S. homebuilder Lennar Corp posted a 49.7% fall in quarterly profit on Wednesday, as stressed supply chain and…
France Ends Gas Heaters Subsidies, Boosts Heat Pumps In Bid To Cut Russia Reliance
By Geert De Clercq PARIS (Reuters) – France will end government subsidies for the installation of new residential gas heaters…
Leasing firm sees ‘headway’ in returning planes from Russia
A leading aircraft-leasing company with planes stuck in Russia says it is making progress toward getting the aircraft back, which…
How higher interest rates will affect Americans’ finances
WASHINGTON (AP) — Americans who have long enjoyed the benefits of historically low interest rates will have to adapt to…
Fed Finally Moves Against Inflation With Rate Hike
NEW YORK (Reuters) – The Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point and…
Deutsche Bank Hires Tech Dealmaker Tej Shah From Macquarie
(Reuters) – Deutsche Bank AG has named senior Macquarie Capital executive Tej Shah as a managing director, according to an…
About 60 Amazon workers stage walkouts over pay, break times
More than 60 workers across three Amazon delivery stations staged a walkout on Wednesday to demand a $3 raise and…
Citigroup To Cover Travel Expenses For Abortions As U.S. States Curb Access
(Reuters) -Citigroup Inc has started covering travel expenses for employees who go out of state for abortions because of newly…
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,…
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…