Business News

By Brendan Pierson NEW YORK (Reuters) -E-cigarette maker Juul Labs Inc agreed on Wednesday to pay $462 million over eight years to settle claims by six U.S. states including New …

By Aishwarya Nair (Reuters) -American Airlines Group Inc on Wednesday forecast first-quarter profit below market expectations, joining rival United Airlines in signaling a hit from persistently high labor and fuel …

By Bianca Flowers (Reuters) -Colorado farmers will be able to legally fix their own equipment next year, with manufacturers including Deere & Co obliged to provide them with manuals for …

PRAGUE (Reuters) – The Czech National Bank (CNB) should not cut interest rates until inflation is clearly lower as rates need to stay higher for longer to slow price growth, …

By Bianca Flowers and Pratyush Thakur (Reuters) -Motorcycle maker Harley-Davidson Inc said on Wednesday Chief Financial Officer Gina Goetter was leaving the company at the end of April, and toymaker …

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices rose 2% on Wednesday to their highest in more than a month as cooling U.S. inflation data spurred hopes that the Federal Reserve …

SEOUL (Reuters) – South Korea’s import prices dropped in March at their fastest pace in 27 months, dragged down by weaker oil prices, central bank data showed on Thursday. The …

By Herbert Lash NEW YORK (Reuters) – Treasury yields fell and a gauge of global stocks eased on Wednesday after the market was rattled by minutes from the Federal Reserve’s …

By Patrick Wingrove (Reuters) -Novavax Inc cut about $50 million in costs in the first quarter of 2023 and plans to slash more, Chief Executive John Jacobs said in an …

By Ann Saphir (Reuters) – Directors at four of the 12 Federal Reserve regional banks did not want the quarter-percentage-point interest rate increase that the U.S. central bank delivered in …

By Lisa Baertlein LOS ANGELES (Reuters) -The International Brotherhood of Teamsters union on Wednesday said it would not begin national contract negotiations with United Parcel Service as planned next week …

By Andrea Shalal WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen on Wednesday called for continued significant aid to Ukraine as it battles against Russia’s invasion, and lauded Ukrainian authorities …

NEW YORK, April 12 (Reuters) – Short interest on the New York Stock Exchange rose 2.0 percent in late March, the exchange said on Wednesday. As of March 31, short …

NEW YORK, April 12 (Reuters) – Short interest on the Nasdaq rose 4.0% in the second half of March, the exchange said on Wednesday. As of March 31, short interest …

By Luc Cohen NEW YORK (Reuters) -A former Deutsche Bank AG investment banker has been charged in an indictment unsealed on Tuesday with misappropriating funds from investors whom he wooed …

By Nathan Gomes, Anirban Sen and David Carnevali (Reuters) – U.S. industrial conglomerate Emerson Electric Co on Wednesday agreed to buy National Instruments Corp for $8.2 billion, capping a nearly …

By David Randall NEW YORK (Reuters) -Inflation data showing U.S. consumer prices rising less than expected in March may have come as a relief to markets, but some investors believe …

By Howard Schneider WASHINGTON (Reuters) -Several Federal Reserve policymakers last month considered pausing interest rate increases after the failure of two regional banks and a forecast from Fed staff that …

By Dietrich Knauth (Reuters) -Bankrupt crypto exchange FTX has recovered over $7.3 billion in cash and liquid crypto assets, an increase of more than $800 million since January, the company’s …

(Reuters) -Economists at Goldman Sachs no longer expect the U.S. Federal Reserve to raise interest rates in June, according to a research note published on Wednesday following data that showed …

By Karen Brettell NEW YORK (Reuters) – The dollar fell on Wednesday after data showed U.S. consumer prices rose less than expected in March, raising expectations that the Fed is …

(Reuters) – New vehicles’ average transaction price fell below the manufacturer’s suggested retail price (MSRP) for the first time in 20 months, according to data published by automotive research company …

NEW YORK (Reuters) – Several Federal Reserve officials at the U.S. central bank’s policy meeting last month considered pausing interest rate increases until it was clear the failure of two …

By Jorge Otaola BUENOS AIRES (Reuters) – Argentina central bank board have been discussing the idea of another potential interest rate hike from the current 78% level, an adviser to …

WASHINGTON (Reuters) – The European Central Bank still has a “little way to go” with rate hikes but most of its work is done and now the duration of higher …