Author Archives: Syndicated Content
US requests probe of alleged labor rights denial at Pirelli facility in Mexico
WASHINGTON (Reuters) - The United States said on Friday it had asked Mexico to review alleged worker rights violations at tire maker Pirelli's facility in Silao de la Victoria city, the 26th U.S. labo...
Aug 23, 2024
J&J in talks with holdouts to $6.5 billion talc settlement
By Dietrich Knauth and Mike Spector NEW YORK (Reuters) - Johnson & Johnson said on Friday it is negotiating with plaintiffs' lawyers who have opposed the company's proposed settlement of lawsuits alle...
Aug 23, 2024
Analysis-Fed's dovish shift a mixed blessing for BOJ rate hike plan
By Leika Kihara JACKSON HOLE, Wyoming (Reuters) - The U.S. Federal Reserve's dovish shift will likely give the Bank of Japan some respite in its battle to tame a weak yen, but could complicate its eff...
Aug 23, 2024
Former Citigroup executive suing bank was fired for performance, company says
By Tatiana Bautzer NEW YORK (Reuters) - Citigroup alleges that a former managing director suing the bank was fired for performance reasons, rather than for what she said were attempts by the bank to g...
Aug 23, 2024
Canada rail shutdown may still delay western grain exports
By Karl Plume (Reuters) - Canada's rail shutdown may still delay loading of some bulk grain ships at the country's west-coast ports despite the government's move to end a stoppage at the nation's two ...
Aug 23, 2024
U.S. Treasuries not the safe bet they once were, research says
By Ann Saphir and Howard Schneider JACKSON HOLE, Wyoming (Reuters) -No safer than a bund. Or a gilt. Or an OAT. Long touted as hands-down the world's "safe haven" securities, the behavior of U.S. Trea...
Aug 23, 2024
Analysis-Powell's Fed not shy about election-year cuts, ready to defend job market
By Howard Schneider JACKSON HOLE, Wyoming (Reuters) - Federal Reserve Chair Jerome Powell made it clear on Friday the U.S. central bank would not shy away from pivoting to interest rate cuts in the fi...
Aug 23, 2024
Apple targets Sept. 10 debut for new iPhones, AirPods and watches, Bloomberg News reports
(Reuters) - Apple is planning its biggest product launch event of the year on Sept. 10, during which it will unveil the latest iPhones, watches and AirPods, Bloomberg News reported on Friday, citing p...
Aug 23, 2024
'Super Bowl' Nvidia earnings stand to test searing AI trade
By David Randall NEW YORK (Reuters) - The rally in U.S. stocks faces an important test next week with earnings from chipmaking giant Nvidia, whose blistering run has powered markets throughout 2024. T...
Aug 23, 2024
Bronfman's Paramount bid could keep Shari Redstone involved, CNBC reports
(Reuters) -Edgar Bronfman Jr. is open to having Shari Redstone remain involved with Paramount Global if its special committee accepts his consortium's bid for National Amusements, the controlling shar...
Aug 23, 2024
