UAW says had to escalate action on Ford
(Reuters) -The United Auto Workers said on Saturday they had to escalate action against Ford as they expected a revised…
Category: General
Yellen, UK’s Hunt discussed ‘joint actions to deny Russia revenue’ -US Treasury Dept
(Reuters) – U.S. Treasury Secretary Janet Yellen met with U.K Chancellor of the Exchequer Jeremy Hunt on the sidelines of…
Ferrari to accept crypto as payment for its cars in the US
By Giulio Piovaccari MILAN (Reuters) – Ferrari has started to accept payment in cryptocurrency for its luxury sports cars in…
Pfizer slashes revenue forecast on lower COVID sales, will cut costs
By Michael Erman (Reuters) -Pfizer on Friday slashed its full-year revenue forecast by 13% and said it will cut $3.5…
Tesla fights $230 million fee sought by attorneys who sued over board pay
By Tom Hals WILMINGTON, Delaware (Reuters) -Tesla Inc urged a Delaware judge on Friday to reject $230 million in legal…
New US SEC rules to shine a light on short selling
By Douglas Gillison and Chris Prentice (Reuters) -The U.S. Securities and Exchange Commission on Friday agreed to roll out new…
Oil surges nearly 6% after Israel begins ground raids into Gaza
By Stephanie Kelly NEW YORK (Reuters) -Oil prices leapt nearly 6% on Friday, with Brent posting its highest weekly gain…
Citigroup profit beats estimates on trading, interest payments; CEO pushes overhaul
By Manya Saini and Tatiana Bautzer NEW YORK (Reuters) -Citigroup’s third-quarter profit beat estimates on Friday as it benefited from…
Contract talks break down between Hollywood actors, studios
By Lisa Richwine LOS ANGELES (Reuters) -Negotiations between Hollywood studios and the SAG-AFTRA actors’ union were suspended on Wednesday as…
JPMorgan profit beats estimates on record interest income, First Republic purchase
By Niket Nishant and Nupur Anand (Reuters) -JPMorgan Chase beat expectations for third-quarter profit on Friday as rising borrowing costs…