by New Posts | Jan 17, 2025 | General
By Vladimir Soldatkin and Andrew OsbornMOSCOW (Reuters) -Russian President Vladimir Putin and his Iranian counterpart Masoud Pezeshkian deepened military ties between their countries on Friday by signing a 20-year strategic partnership that is likely to worry the...
by New Posts | Jan 17, 2025 | General
By Manya Saini and Niket Nishant(Reuters) – A raft of U.S. banks reported higher fourth-quarter profits on Friday, extending a winning streak for the industry as an upswing in capital markets alleviated a hit from weaker loan demand.Long believed to be the...
by New Posts | Jan 17, 2025 | Business
By Jonathan Stempel(Reuters) – A new lawsuit accuses Procter & Gamble of deceiving Charmin purchasers with misleading environmental claims, known as greenwashing, about how it sources its toilet paper.In a proposed class action on Thursday, eight consumers...
by New Posts | Jan 17, 2025 | General
By Timothy GardnerWASHINGTON (Reuters) – U.S. President Joe Biden’s administration has protected about 84%, or $96.7 billion in clean energy grants created by its signature climate law from any clawback by the next administration, a White House official...
by New Posts | Jan 16, 2025 | Uncategorized
By Siddarth S(Reuters) – J.P.Morgan estimated spending on data centers could contribute between 10-20 basis points to U.S. economic growth in 2025-2026 as technology companies race to benefit from the artificial intelligence boom.Investments in data centers,...
by New Posts | Jan 16, 2025 | Economy
(Reuters) – Chicago Federal Reserve Bank President Austan Goolsbee said he feels more comfortable that the labor market is stabilizing, the Wall Street Journal reported on Thursday.”I have over the last several months become more comfortable that this is a...
by New Posts | Jan 16, 2025 | Business
By Akash Sriram and Marie Mannes(Reuters) -Polestar’s new CEO said on Thursday it would take longer for the Swedish electric-vehicle maker to be profitable and delayed its expansion of sales to more countries. The company’s U.S.-listed shares fell nearly...
by New Posts | Jan 16, 2025 | Uncategorized
A look at the day ahead in U.S. and global markets from Mike DolanWall Street’s best day of the year so far was rooted in inflation relief and a boom in bank stocks reporting bumper earnings, with a retail readout up next on Thursday.After Tuesday’s...
by New Posts | Jan 16, 2025 | Uncategorized
By Lucia MutikaniWASHINGTON (Reuters) -U.S. retail sales increased in December as households bought motor vehicles and a range of other goods, pointing to strong demand in the economy and further reinforcing the Federal Reserve’s cautious approach to cutting...
by New Posts | Jan 16, 2025 | Business
(Reuters) – Symbotic’s shares jumped about 14% on Thursday after the automation firm said it would buy Walmart’s robotics business for $200 million as part of an agreement to expand the retailer’s automated supply chain.The company said it...
