U.S. sues eBay over sale of harmful products
By Jonathan Stempel NEW YORK (Reuters) -The U.S. government on Wednesday sued eBay, accusing the online platform of violating the…
Month: September 2023
Wall St pounded as investors grapple with higher rates
By Lewis Krauskopf, Ankika Biswas and Shashwat Chauhan (Reuters) – Wall Street’s main indexes ended down over 1% on Tuesday…
Biden says UAW should fight for 40% pay raise in Michigan strike visit
By Jeff Mason and Nandita Bose BELLEVILLE, Michigan (Reuters) -President Joe Biden on Tuesday joined a picket line with striking…
Exclusive-JPMorgan shuffles bosses as Rivas to retire as head of North American investment banking -memo
By Nupur Anand NEW YORK (Reuters) -JPMorgan Chase reorganized the leadership in its investment bank, promoting a new head in…
Hollywood prepares for partial return to work after writers’ deal
By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) – Talk show producers started planning new episodes on Monday, the…
Ford pauses work on $3.5 billion battery plant in Michigan
By David Shepardson (Reuters) -Ford Motor said on Monday it has paused work on a $3.5 billion electric vehicle battery…
Global share index slips as investors absorb ‘higher-for-longer’ rate outlook
By Sinéad Carew and Amanda Cooper NEW YORK/LONDON (Reuters) – A global index of stocks fell slightly while Wall Street…
Inverted U.S. yields lure investors into short-term bonds
By Patturaja Murugaboopathy (Reuters) – Short-term U.S. government bonds have attracted bigger investment flows this year than longer-term paper, an…
US to provide up to $522 million for Ukraine’s energy system
KYIV (Reuters) – Ukraine and the United States have signed a memorandum of understanding (MoU) under which Kyiv will receive…
Why traders aren’t buying the Fed’s ‘higher-for-longer’ vision
By Ann Saphir (Reuters) – It’s a now-familiar dance: Federal Reserve officials signal to the world that interest rates are…