(Reuters) – KB Home on Wednesday posted a 3% rise in its quarterly revenue, helped by strong demand amid tight supply of …
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Oil rallies as grain markets tighten, dollar falls on Fed Chair comments
by Reutersby ReutersBy Shariq Khan BENGALURU (Reuters) -Oil prices gained a dollar a barrel on Wednesday as U.S. corn and soybean prices raced to …
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By Abhirup Roy and Akash Sriram SAN FRANCISCO (Reuters) – Rivian has acquired Swedish EV route planning app maker Iternio to add …
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Twitter has failed to pay millions in worker bonuses, lawsuit claims
by Reutersby ReutersBy Daniel Wiessner (Reuters) – Twitter Inc is facing a lawsuit claiming it failed to pay workers millions of dollars in promised …
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(Reuters) – U.S. defense contractor Lockheed Martin said on Wednesday it was continuing to work with the government on capability and performance …
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By Caroline Valetkevitch NEW YORK (Reuters) – Global stock indexes fell on Wednesday as Federal Reserve Chair Jerome Powell said the fight …
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(Reuters) – Intelsat SA has ended negotiations to combine with SES SA as it was not able to reach an agreement with …
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By Howard Schneider WASHINGTON (Reuters) – The Federal Reserve should not raise interest rates further or it would risk “needlessly” sapping the …
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Ex-Goldman banker was ‘framed,’ attorney says at insider trial’s close
by Reutersby ReutersBy Jody Godoy (Reuters) – Former Goldman Sachs banker Brijesh Goel’s trial on insider trading charges drew to a close on Tuesday, …
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By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar fell against a basket of currencies on Wednesday after Federal Reserve Chair …
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Fed nominees stress importance of inflation, job mandates in Senate hearing
by Reutersby ReutersBy Michael S. Derby (Reuters) – Two Federal Reserve officials and a labor economist who aspires to join their ranks told U.S. …
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By Simon Jessop LONDON (Reuters) – Payments company Mastercard on Wednesday launched a global project to recycle credit and debit cards as …
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Grupo Mexico defends legality of San Martin mine operations after U.S. labor complaint
by Reutersby ReutersBy Daina Beth Solomon MEXICO CITY (Reuters) – Grupo Mexico said Wednesday it legally resumed operations at its San Martin mine in …
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Bank of Canada to gauge need for further hikes based on data -minutes
by Reutersby ReutersBy Steve Scherer and David Ljunggren OTTAWA (Reuters) -The Bank of Canada agreed that the need for further rate hikes would be …
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(Reuters) – Intel Corp said on Wednesday its manufacturing business will work like a separate unit and will begin to generate a …
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(Reuters) – Uber Technologies said on Wednesday it was cutting 200 jobs in its recruitment division amid plans to keep the staff …
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Tesla urges EPA to finalize tougher US heavy-duty emissions cuts
by Reutersby ReutersBy David Shepardson WASHINGTON (Reuters) -Tesla urged the Biden administration to finalize significantly stricter heavy-duty emissions limits than proposed in April, arguing …
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Fed’s Powell, in testimony, says inflation fight has “long way to go”
by Reutersby ReutersBy Howard Schneider WASHINGTON (Reuters) – The Federal Reserve’s fight to lower inflation back to its 2% target “has a long way …
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U.S. securities regulator hits top SPAC auditor with $10 million fine
by Reutersby ReutersBy Chris Prentice NEW YORK (Reuters) – The U.S. Securities and Exchange Commission (SEC) on Wednesday slapped Marcum LLP with a $10 …
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By Matt Tracy (Reuters) -U.S. bond investors are coming around to using technology more to trade fixed-income products, as they seek to …
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By Ann Saphir (Reuters) – Chicago Federal Reserve Bank President Austan Goolsbee said on Wednesday that the U.S. central bank needs more …
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By Leah Douglas WASHINGTON (Reuters) -Two companies, Upside Foods and Good Meat, said on Wednesday they have received final U.S. Department of …
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By Blake Brittain (Reuters) – Shoe maker Skechers sued fashion company Steve Madden in Los Angeles federal court on Tuesday, claiming its …
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(Reuters) – Federal Reserve Chair Jerome Powell said on Wednesday he expects the U.S. dollar to remain the world’s reserve currency as …
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Powell says U.S. Fed will make “judgment call” on costs of new regulations
by Reutersby ReutersBy Pete Schroeder WASHINGTON (Reuters) -Raising U.S. bank capital requirements to guard against future losses could increase the cost of credit but …