Italy’s Leonardo Suspends Search For Automation Division Partner
ROME (Reuters) – Leonardo said on Tuesday it had suspended its search for a partner for the Italian defence group’s…
Robust Imports Boost U.S. Trade Deficit To Record High In 2021
By Lucia Mutikani WASHINGTON (Reuters) – The U.S. trade deficit surged to a record high in 2021 as imports increased…
AmEx to offer debit card that will accrue rewards points
NEW YORK (AP) — American Express on Tuesday launched a checking account that comes with a debit card that will…
Semiconductor Chip Supply To Normalize In 2022, Says Mexico’s Auto Industry
MEXICO CITY (Reuters) – A global semiconductor shortage that has weighed on Mexico’s auto sector should normalize throughout the year…
GM Plans Six-fold Increase In 2022 Electric Truck, SUV Production -sources
By Joseph White DETROIT (Reuters) – General Motors Co plans to increase production of electric trucks and Cadillac sport utility…
EXPLAINER: What’s Russia’s Nord Stream 2 pipeline to Europe?
FRANKFURT, Germany (AP) — U.S. President Joe Biden has threatened to block the Nord Stream 2 natural gas pipeline if…
Gates, French Gates top list of biggest U.S. charity donors
A handful of Americans donated at least $1 billion to charity last year, according to the Chronicle of Philanthropy’s annual ranking…
Peloton Hits Reset With CEO Change, Job Cuts
By Subrat Patnaik and Aishwarya Nair (Reuters) -Peloton Interactive Inc will replace its chief executive and cut about 2,800 jobs,…
J&J Pauses Production Of Its COVID-19 Vaccine – NYT
(Reuters) – Johnson & Johnson late last year quietly shut down the only plant making usable batches of its COVID-19…
US taste for imports drives 2021 trade gap to record $859B
WASHINGTON (AP) — The U.S. trade deficit soared to a record $859.1 billion last year as Americans splurged on foreign-made…