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Author

Reuters

Reuters

  • Business News

    Home Depot picks veteran Ted Decker as new CEO

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    -Home Depot Inc on Thursday named 22-year company veteran Edward Ted Decker as its new chief executive officer and president, replacing Craig Menear, who will continue as chairman. Decker, who …

  • Business News

    Exclusive-White House mulls extension of Trump-era solar tariffs, with tweaks

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    By Jarrett Renshaw and Nichola Groom WASHINGTON -The White House is considering extending Trump-era tariffs on solar power imports, but with a handful of tweaks to make it easier for …

  • US and World News

    Factbox-Historic first: Black women judges who could join the U.S. Supreme Court

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    – President Joe Biden has pledged to nominate a Black woman to serve on the U.S. Supreme Court following Justice Stephen Breyer’s looming retirement. No Black woman has ever served …

  • Business News

    Amsterdam puts freeze on opening ‘dark store’ distribution centres

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    AMSTERDAM – The city of Amsterdam announced on Thursday a one-year freeze on the opening of new “dark stores” – small distribution centres in residential areas or nearby shopping streets …

  • Featured NewsNew York NewsPoliticsUS and World News

    New York City mayor can hire brother, but only for $1, ethics board says

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    By Dan Whitcomb – A New York City ethics panel has agreed that Mayor Eric Adams can hire his brother as a senior security adviser, but only at $1 per …

  • Business News

    Uber, Canadian union reach deal to support gig worker benefits, flexibility

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    By Tina Bellon -Uber Technologies Inc on Thursday said it had reached an agreement with Canada’s largest services-sector union to offer employee-like benefits to contractors who work as ride-hail and …

  • US and World News

    U.S. senators writing bill with ‘substantial’ Ukraine defense aid increases – sources

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    By Patricia Zengerle WASHINGTON – A bipartisan group of U.S. senators have been meeting to hammer out legislation that would dramatically increase the amount of U.S. military aid for Ukraine, …

  • Business News

    Oil falls from seven-year high as Russia tensions offset Fed tightening

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    By Stephanie Kelly NEW YORK – Oil prices fell on Thursday after Brent crude hit a seven-year high above $90 a barrel, as the market balanced concerns about tight worldwide …

  • Business News

    Musk’s bets on Tesla: human-like robots and self-driving cars

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    By Hyunjoo Jin and Nivedita Balu -Tesla’s most important products this year and next will not be cars, Chief Executive Elon Musk said on Wednesday, but software that drives them …

  • Business News

    Southwest Airlines expects loss in Q1 after first profit in 2 years

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    By Rajesh Kumar Singh CHICAGO -Southwest Airlines Co on Thursday reported its first quarterly profit in two years, but warned of a loss in the current quarter through March as …

  • Business News

    Morgan Stanley sees US debt-to-GDP ratio down 7 percentage pts in 2022

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    – A huge U.S. fiscal deficit from the first two years of COVID-19 spending should decline rapidly to near pre-pandemic levels, largely due to a rebound in economic growth, analysts …

  • Business News

    Bank of Canada ‘no hike’ leaves housing fire burning, say market watchers

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    By Julie Gordon and Nichola Saminather OTTAWA – The Bank of Canada’s decision to delay a rate hike for five more weeks will add fuel to Canada’s scorching housing market …

  • Business News

    Gavilon deal to make Glencore major soy exporter in Brazil with larger U.S. foothold

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    By Karl Plume – Global commodities merchant Glencore Plc took a major step this week to becoming a greater force in the international food chain with a deal to buy …

  • Business News

    Mastercard brushes off Omicron threat after profit beat

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    -Mastercard Inc beat quarterly profit estimates on Thursday as an uptick in international travel powered card spending and said a recent drag on cross-border travel from the Omicron variant was …

  • Business News

    U.S. retail investors kept buying stocks on Fed day -analysts

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    NEW YORK/MILAN – Retail investors bought a net of $1.66 billion in equities on Wednesday when a hawkish U.S. Federal Reserve outcome triggered wild gyrations on Wall Street, data from …

  • Business News

    Tesla sinks after supply chain warning, hitting other EV makers

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    By Noel Randewich and Hyunjoo Jin -Shares of Tesla Inc slid on Thursday, dragging down rivals after the leading electric car maker delayed releasing new vehicles until next year because …

  • Business News

    Textron sees higher corporate jet production, shares drop on 2022 guidance

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    -Textron Inc expects to continue ramping up business jet production in 2022 on demand from wealthy travelers, but broader industry supply-chain hiccups, labor shortages and recent surges in COVID-19 cases …

  • Business News

    Dollar jumps as markets brace for larger, faster rate hikes

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    By Herbert Lash and Dhara Ranasinghe NEW YORK/LONDON – The dollar soared to highs last seen in July 2020 against other major currencies on Thursday, a day after the Federal …

  • Business News

    Court dismisses claims Robinhood wrongly restricted ‘meme stock’ trades

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    By Jody Godoy -A U.S. federal court on Thursday dismissed a lawsuit accusing Robinhood Markets Inc of violating state laws by restricting trades on so-called meme stocks during a January …

  • Business News

    U.S. appeals court throws out Deutsche Bank traders’ Libor-rigging convictions

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    By Jonathan Stempel NEW YORK -A U.S. appeals court on Thursday threw out the convictions of two former Deutsche Bank AG traders for rigging Libor, once among the world’s most …

  • Business News

    Google bumps up vacation days and parental leaves

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    By Paresh Dave – Alphabet Inc’s Google on Thursday increased the amount of time employees around the world can take off for vacation or caring for newborns and seriously ill …

  • US and World News

    U.S. preps for another record-breaking rise in migrant arrests at Mexico border

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    By Ted Hesson WASHINGTON – U.S. border officials are preparing for as many as 9,000 border arrests per day by the spring, according to two Department of Homeland Security officials, …

  • MIsc. News

    Milwaukee police hold four people in connection with mass homicide

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    – Milwaukee police are holding four people as part of the investigation into the shooting deaths of six people inside a home over the weekend, the city’s police chief said …

  • Business News

    LVMH rides luxury spending boom as Louis Vuitton, Dior tempt big spenders

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    By Mimosa Spencer and Silvia Aloisi PARIS -The world’s largest luxury goods conglomerate LVMH sees soaring demand for its fashion, handbags and jewellery continuing in 2022 after shoppers snapped up …

  • MIsc. News

    Accused Michigan school shooter will pursue insanity defense: court filing

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    By Rami Ayyub – The Michigan teenager charged with first-degree murder in the deadliest U.S. school shooting of 2021 will assert an insanity defense, his lawyers wrote in a court …

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