Fed trying to figure out if rates are high enough: Goolsbee
(Reuters) – Chicago Federal Reserve Bank President Austan Goolsbee on Friday said that he and colleagues will be parsing what…
GM buys Israel-based software startup to detect early battery defects
(Reuters) – General Motors said on Friday it had acquired Algolion Ltd, an Israel-based software startup that helps detect problems…
Biden concerned Supreme Court LGBT rights ruling could lead to more discrimination
(Reuters) – U.S. President Joe Biden on Friday said he was concerned that a Supreme Court ruling that the constitutional…
Cyanide maker Draslovka mulls equity raise to drive new mining technology
By Jan Lopatka PRAGUE (Reuters) – Cyanide maker Draslovka is considering an equity fundraising worth hundreds of millions of dollars…
US consumer spending hits speed bump; inflation picture mixed
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer spending fizzled in May as households cut back on purchases of new…
European shares crawl higher in Q2
By Amruta Khandekar, Matteo Allievi and Bansari Mayur Kamdar (Reuters) – European shares rose on Friday as lacklustre data on…
Ferragamo’s CFO Alessandro Corsi resigns
MILAN (Reuters) – Italian luxury group Salvatore Ferragamo said on Friday that its Chief Financial Officer Alessandro Corsi would resign…
US Supreme Court won’t scrutinize Mississippi curb on voting by felons
By John Kruzel WASHINGTON (Reuters) – The U.S. Supreme Court on Friday turned away a bid by two Black Mississippians…
US Supreme Court to decide legality of SEC in-house enforcement
By Andrew Chung (Reuters) – The U.S. Supreme Court on Friday agreed to hear a bid by President Joe Biden’s…
Canadian firms’ inflation expectations remain high as labor pressures ease
By Steve Scherer and Ismail Shakil OTTAWA (Reuters) – Canadian businesses still see inflation running high before edging down slowly,…