By Brendan O’Brien -U.S. high school students will use laptops rather than pencils and paper to take the SAT college admissions exam beginning in 2024, in a move to digitize …
Reuters
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As Japan kicks off wage talks, policymakers face heat for ‘bad’ inflation
by Reutersby ReutersBy Leika Kihara and Tetsushi Kajimoto TOKYO -As Japan kicked off annual wage talks on Tuesday, policymakers sought to downplay the chance rising raw material prices could be stoking “bad …
- US and World News
U.S. consumer confidence dips; more plan to buy big-ticket items
by Reutersby ReutersBy Lucia Mutikani WASHINGTON – U.S. consumer confidence ebbed slightly in January, with more consumers planning to purchase homes, automobiles and other big- ticket items even as they grew less …
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Ex-banker tells Swiss court that strip club visits were business-related
by Reutersby ReutersBy Brenna Hughes Neghaiwi and Oliver Hirt ZURICH – A former top Swiss banker charged with making millions of dollars through fraudulent deals said on Tuesday that a near 200,000 …
- PoliticsUS and World News
Top U.S. Senate Republican says Biden ‘moving in the right direction’ on Ukraine
by Reutersby ReutersBy David Morgan WASHINGTON – U.S. Senate Republican Leader Mitch McConnell, a frequent critic of President Joe Biden, said on Tuesday that he is seeing “encouraging” signs from the administration …
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U.S. should consider ‘safe harbor’ from Russia sanctions for some companies – trade group
by Reutersby ReutersWASHINGTON – A trade group representing Chevron, General Electric and other big U.S. corporations that do business in Russia is asking the White House to consider giving U.S. companies time …
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U.S. FAA approves 90% of planes for low-visibility landings near 5G airports
by Reutersby ReutersBy David Shepardson WASHINGTON – The U.S. Federal Aviation Administration (FAA) on Tuesday issued approvals for additional altimeters that allow about 90% of the U.S. commercial aviation fleet to perform …
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Canadian farmers face cattle feed shortage due to drought, transport strains
by Reutersby ReutersBy Rod Nickel WINNIPEG, Manitoba – Canadian farmers say they are just days away from running out of feed for cattle, due to severe drought last summer damaging crops needed …
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CEO of Deutsche Bank’s DWS received racist threat letter -DWS spokesperson
by Reutersby ReutersBy Tom Sims and Frank Siebelt FRANKFURT – The chief executive of Deutsche Bank’s fund unit DWS, Asoka Woehrmann, has received threatening letters in recent months, including one in December …
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Caution rules U.S. stock market ahead of Fed policy decision
by Reutersby Reuters– Investors are wary of rushing to scoop up stocks ahead of a highly anticipated Federal Reserve policy decision due on Wednesday, and Monday’s bounce has done little to dispel …
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Morgan Stanley CEO Gorman says successor would benefit from global experience
by Reutersby ReutersNEW YORK -Morgan Stanley’s Chief Executive James Gorman believes his successor would benefit from global experience as well as strong “core values”, he said in an interview with Reuters Breakingviews. …
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LONDON – Global crude steel production gained 3.7% last year to 1.95 billion tonnes, World Steel Association data showed on Tuesday, despite weaker output in top producer China as an …
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N.Korea fires cruise missiles amid tension over lifting nuclear moratorium
by Reutersby ReutersBy Cynthia Kim and Hyonhee Shin SEOUL -North Korea fired two cruise missiles into the sea off its east coast on Tuesday, South Korea’s military said, amid rising tension over …
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By Aishwarya Nair -3M Co said on Tuesday demand for its N95 respirators had picked up due to a surge in Omicron-related COVID-19 cases, while reporting better-than-expected quarterly profit as …
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Finland enhances military readiness as tension rises over Ukraine
by Reutersby ReutersBy Essi Lehto HELSINKI – Finland has enhanced its military readiness as international tensions rise over Russia’s military build-up near Ukraine. Finland, which is not a member of NATO and …
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Nvidia preparing to walk away from Arm acquisition – Bloomberg News
by Reutersby Reuters– Nvidia Corp is preparing to abandon its purchase of Arm Ltd from SoftBank Group Corp after offering about $40 billion for the British company in 2020, Bloomberg News reported …
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U.S. FTC to sue to block Lockheed Martin’s $4.4 billion Aerojet deal
by Reutersby ReutersBy Mike Stone WASHINGTON -The U.S. Federal Trade Commission said on Tuesday it voted unanimously to sue to block arms maker Lockheed Martin’s proposed $4.4 billion purchase of rocket engine …
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U.S. Labor Dept withdrawing COVID vaccine rule for large employers
by Reutersby ReutersBy Tom Hals -The Department of Labor said on Tuesday it will withdraw its COVID-19 vaccine-and-testing requirement for large U.S. employers after the U.S. Supreme Court blocked the rule, ending …
- Featured NewsUS and World News
U.S. House Republicans probe NBC over Beijing Olympics coverage
by Reutersby Reuters-U.S. Republican lawmakers sent a letter to Comcast Corp NBCUniversal executives on Tuesday raising concerns asking “about the level of influence the Chinese Communist Party and the International Olympic Committee …
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By Rajesh Kumar Singh CHICAGO -General Electric Co on Tuesday reported a decline in quarterly revenue amid persistent global supply chain disruptions, sending its shares lower. The Boston-based industrial conglomerate’s …
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Kremlin says watching U.S. actions over Ukraine with great concern
by Reutersby ReutersMOSCOW – Russia said on Tuesday it was watching with great concern after the United States put 8,500 troops on alert to be ready to deploy to Europe in case …
- Featured NewsUS and World News
J&J expects jump in COVID vaccine sales in 2022, eyes device deals
by Reutersby ReutersBy Manas Mishra and Carl O’Donnell -Johnson & Johnson on Tuesday forecast as much as $3.5 billion in sales of its COVID-19 vaccine in 2022, a 46% jump for the …
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IMF cuts growth forecasts for U.S., China and world as Omicron spreads
by Reutersby ReutersBy Andrea Shalal and David Lawder WASHINGTON -The International Monetary Fund lowered its economic forecasts for the United States, China and the global economy on Tuesday, and said uncertainty about …
- US and World News
LG Energy Solution, GM to build $2.1 billion battery factory in U.S.
by Reutersby ReutersSEOUL – South Korea’s LG Energy Solution (LGES) plans to spend $2.1 billion with General Motors to build a U.S. electric vehicle (EV) battery plant, parent firm LG Chem said …
- US and World News
AmEx allays fears of Omicron hit with record card spending levels
by Reutersby ReutersBy Manya Saini and Noor Zainab Hussain -American Express Co’s quarterly profit beat market estimates as consumers seeking respite from the pandemic swiped its credit card to dine out and …