by iwd | Jun 18, 2024 | Uncategorized
By Sheila DangAUSTIN, Texas (Reuters) – Dallas Federal Reserve Bank President Lorie Logan on Tuesday said recent data showing inflation is cooling is “welcome news” but that the U.S. central bank can stay patient on interest-rate policy....
by iwd | Jun 17, 2024 | Business
(Reuters) -The U.S. government on Monday sued Adobe, accusing the maker of Photoshop and Acrobat of harming consumers by enrolling them in its most lucrative subscription plans without clearly disclosing important terms.In a complaint filed in the San Jose,...
by iwd | Jun 17, 2024 | General
By Nandita BoseWASHINGTON (Reuters) – President Joe Biden’s campaign will target Republican challenger Donald Trump’s felony convictions as part of a $50 million ad campaign ahead of the first presidential debate between both candidates on June...
by iwd | Jun 17, 2024 | Business
By David LawderWASHINGTON (Reuters) -The U.S. Treasury and Internal Revenue Service said on Monday they will close a tax loophole exploited by large, complex partnerships, an action that they estimated could raise $50 billion in new revenue over 10 years.The Treasury...
by iwd | Jun 17, 2024 | Business
(Reuters) -The U.S. government on Monday sued Adobe, accusing the maker of Photoshop and Acrobat of harming consumers by enrolling them in its most lucrative subscription plans without clearly disclosing important terms.In a complaint filed in the San Jose,...
by iwd | Jun 17, 2024 | General
By Robin Respaut and Chad Terhune(Reuters) – For many U.S. parents seeking help for a child with obesity, the most widely-endorsed treatment is out of reach – and it’s not the popular weight-loss drug Wegovy. Leading medical groups recommend...
by iwd | Jun 17, 2024 | Business
(Reuters) – U.S. machinery maker Caterpillar’s former Russian assets have been transferred to a company owned by Armenian investment fund Balchug Capital, Russian company filings showed. Caterpillar Inc suspended operations in its manufacturing facilities...
by iwd | Jun 17, 2024 | Business
(Reuters) – Adidas shares dropped 4% on Monday after the German sportswear brand said it was investigating allegations of corruption in China after receiving an anonymous letter.”Adidas takes allegations of possible compliance violations very seriously and...
by iwd | Jun 17, 2024 | Business
BEIJING (Reuters) – Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 1.3 million Hong Kong-listed shares of electric vehicle maker BYD for HK$310.5 million ($39.8 million), a stock exchange filing showed on Monday.The sale on June 11...
by iwd | Jun 16, 2024 | General
By Nathan LayneWEST PALM BEACH, Florida (Reuters) -Donald Trump used his 78th birthday party on Friday to promise deeper tax cuts if he wins the Nov. 5 U.S. election and to make vague predictions of future attacks on U.S. soil after the arrest of Tajik nationals with...