Celanese Nears Deal To Buy DuPont’s Mobility And Materials Unit – Bloomberg News
(Reuters) – Specialty chemicals company Celanese Corp is nearing a deal to buy DuPont de Nemours Inc’s mobility and materials…
U.S. FTC Eyes Rule To Claw Back Money From Companies That Lie About Gig Worker Earnings
WASHINGTON (Reuters) – The U.S. Federal Trade Commission, which enforces consumer protection rules, voted on Thursday to embark on regulations…
Fed’s Mester: Rates Should Rise Faster Than After Great Recession
(Reuters) – The Federal Reserve will need to move more aggressively to remove accommodation than it did following the Great…
Fed’s Messaging On Pivot Gets High Marks From Wall Street
By Ann Saphir (Reuters) – Federal Reserve Chair Jerome Powell won high marks from Wall Street as he dialed up…
Wall St Banks Fear Inflation, Asset Price Deflation, Even Recession
By Matt Scuffham, Noor Zainab Hussain and Elizabeth Dilts Marshall NEW YORK (Reuters) -Wall Street’s biggest banks sounded a warning…
Intel Delays Launch Of Standalone Desktop Graphics Chips To Q2
(Reuters) – Intel Corp said on Thursday it has pushed back the launch of standalone graphics chips for desktops to…
Allianz Books $4.2 Billion Hit In Investment Fund Case, Says More May Come
By Tom Sims and Alexander Hübner FRANKFURT (Reuters) -German insurer and asset manager Allianz on Thursday said it would set…
Walmart Sets the Tone for Retail Giants
This represents an opportunity for Walmart (WMT) as it can use its sheer size and economies of scale to protect…
Goldman Sachs Lifts Targets In Bid To Win Over Skeptics
By Matt Scuffham NEW YORK (Reuters) -Goldman Sachs on Thursday upgraded its key profitability targets and set new goals for…
Oil Slides 2% As Iran Talks Offset Ukraine Crisis
By Scott DiSavino NEW YORK (Reuters) -Oil prices fell about 2% on Thursday as talks to resurrect a nuclear deal…