Author Archives: Syndicated Content
Boeing furloughs begin on Friday for thousands in Pacific Northwest
(Reuters) - Boeing said furloughs began on Friday for thousands of employees in Washington State and Oregon, after more than 32,000 workers went on strike last week, halting production of the U.S. pla...
Sep 20, 2024
Investor focus turns to data, election, earnings after Fed cut
By Lewis Krauskopf NEW YORK (Reuters) - A roaring rally in U.S. stocks will face a gauntlet of economic data, looming political uncertainty and a corporate earnings test in coming weeks as investors n...
Sep 20, 2024
J&J subsidiary files for bankruptcy to advance $8 billion talc settlement
(Reuters) -A Johnson & Johnson subsidiary filed for bankruptcy for a third time on Friday as the healthcare giant seeks to advance an approximately $8 billion proposed settlement that would end tens o...
Sep 20, 2024
Peru's rebounding economy to grow 3.1% this year, cenbank forecasts
By Marco Aquino LIMA (Reuters) - Peru's central bank expects that the Andean nation's economy will grow 3.1% this year and a further 3.0% in 2025, it said in a report on Friday, maintaining expectatio...
Sep 20, 2024
Qualcomm approached Intel about a takeover in recent days, WSJ reports
(Reuters) -Qualcomm made a takeover approach to chipmaker Intel in recent days, the Wall Street Journal reported on Friday, citing people familiar with the matter. Intel's shares closed up 3.3%, while...
Sep 20, 2024
US SEC intends to seek sanctions against Elon Musk in Twitter probe
(Reuters) -The U.S. Securities and Exchange Commission said on Friday it intends to seek sanctions against Elon Musk after he failed to appear for court-ordered testimony for the regulator's probe int...
Sep 20, 2024
Fed's Bowman says dissent on large rate cut based on above-target inflation data
WASHINGTON (Reuters) - Federal Reserve Governor Michelle Bowman said on Friday she dissented over the U.S. central bank's half-percentage-point interest rate cut this week, favoring a quarter-percenta...
Sep 20, 2024
Murdoch's REA raises offer for Rightmove to nearly $7.9 billion, FT reports
(Reuters) - Australia's REA Group has made a second takeover proposal for Britain's largest real estate portal, Rightmove, valuing the business at close to 5.9 billion pounds ($7.86 billion), the Fina...
Sep 20, 2024
At United Steelworkers conference, members and leaders play down election divide
By Erwin Seba and Nicole Jao PITTSBURGH (Reuters) - At a meeting of United Steelworkers union officials this week, presidential politics was off the agenda, a departure from past election-year gatheri...
Sep 20, 2024
Arizona election security laws reinstated by US appeals court
By Jack Queen (Reuters) - A U.S. appeals court on Thursday reinstated a pair of controversial Arizona election security laws aimed at preventing people from being registered to vote in multiple jurisd...
Sep 20, 2024
