Sherrill joins Dem chorus blaming Trump and Ciattarelli for skyrocketing energy costs under Phil Murphy
NEWARK, N.J. — Democratic gubernatorial candidate Mikie Sherrill joined a growing list of New Jersey Democrats Thursday in blaming President Donald Trump and GOP candidate Jack Ciattarelli for the state’s rising utility…
UK factory downturn deepens in June despite lower costs: PMI
By Andy Bruce LONDON (Reuters) – The pace of decline in Britain’s manufacturing sector steepened in June and optimism faded despite weakening price pressures, a survey showed on Monday. The S&P Global/CIPS…
Navy Struggles To Get A Handle On Skyrocketing Shipyard Upgrade Costs, Watchdog Finds
Navy Struggles To Get A Handle On Skyrocketing Shipyard Upgrade Costs, Watchdog Finds Micaela Burrow on June 28, 2023 The U.S. Navy is struggling to nail down an estimate for the cost…
New Jersey legislators blame Putin for increase in offshore wind farm costs
TRENTON, NJ – Legislators in Trenton will soon be voting to give Orsted, the foreign company seeking to build wind turbines off the coast of New Jersey even more taxpayer money to…
Costs at American Lithium’s Peru project up to $700 million, CEO says
By Kylie Madry (Reuters) – Costs of the first phase of construction at American Lithium’s Falchani lithium mine in Peru likely have risen some 20% from an original estimate to $700 million,…
McDonald’s Japan hikes prices in city centres as costs bite
By Anton Bridge TOKYO (Reuters) – The Japanese operator of McDonald’s restaurants said on Monday it would raise prices at 184 city centre branches, equivalent to about 6% of its 3,000 stores,…
Bucco: Murphy Refuses to Discuss Extreme Costs & Future Mandates as His Green Energy Plan Advances
Sen. Anthony M. Bucco said Gov. Phil Murphy continues to refuse to discuss the huge costs and State mandates likely coming down the pike as he plows forward with his plans to…
Volkswagen to face investor grilling on China, costs at capital markets day
By Jan Schwartz and Victoria Waldersee (Reuters) – Volkswagen will face investors hungry for answers at its capital markets day next Wednesday on how it will achieve high cost-cutting targets and whether…
Republican Senators Introduce Massive Education Package Targeting Higher Education Costs, Loan Debt
Republican Senators Introduce Massive Education Package Targeting Higher Education Costs, Loan Debt Reagan Reese on June 14, 2023 Several Republican senators introduced an education package of five bills on Wednesday aimed at…
Analysis-EU pork on a lean streak as higher standards drive up costs
By Gus Trompiz PARIS (Reuters) – Record pig prices could have spurred farmers like Carole Joliff to expand their herd, but costly livestock regulations, flagging demand and spreading swine disease point instead…
Labor costs aren’t driving up inflation: SF Fed paper
Rising U.S. labor costs are doing little to drive up inflation, researchers from the Federal Reserve Bank of San Francisco said on Tuesday, a finding that may undercut the argument that wage…
South Korea cuts tariffs on food imports to ease living costs
SEOUL (Reuters) – South Korea will cut tariffs from June on higher priced edible products, including pork and sugar, to help ease people’s living costs, the finance ministry said on Tuesday. The…
New Biden Admin Mandate Will Raise Costs On Mobile Homeowners For ‘Zero’ Climate Benefit, Experts Say
New Biden Admin Mandate Will Raise Costs On Mobile Homeowners For ‘Zero’ Climate Benefit, Experts Say John Hugh DeMastri on May 21, 2023 The Biden administration’s upcoming rules requiring stricter energy efficiency…
Male Runner Costs High School Girl Chance At State Track Meet
Male Runner Costs High School Girl Chance At State Track Meet Alexa Schwerha on May 22, 2023 A transgender athlete will advance to the state championships after placing second at a California…
Ross Stores lifts annual profit forecast on strong demand, easing freight costs
By Ananya Mariam Rajesh (Reuters) – Ross Stores on Thursday raised its annual profit forecast after upbeat quarterly results, buoyed by budget-conscious customers increasingly shopping at the off-price retailer and easing freight…
Ford says it will reduce costs to boost China business
SHANGHAI/BEIJING (Reuters) – Ford said on Monday it was working to reduce costs in China as it strives to recover from a long sales slump in the world’s largest auto market. “Our…
Past austerity haunts Greek election as voters struggle with living costs
By Angeliki Koutantou and Lefteris Papadimas ATHENS (Reuters) – Fourteen years after a debt crisis that saw Greece nearly crash out of the euro, single parent Niki Klaoudatou says she worries more…
Small aerospace suppliers press for better protections against rising costs
By Allison Lampert, Abhijith Ganapavaram and Valerie Insinna MONTREAL/WASHINGTON (Reuters) – The CEO of Canadian aerospace supplier Abipa International would not negotiate further when a potential customer recently pressed for additional price…
Brazil’s JBS swings to loss, citing grain costs and meat oversupply
By Roberto Samora and Ana Mano SAO PAULO (Reuters) – JBS SA, the world’s largest meat company, on Thursday reported a net loss of 1.45 billion reais ($290.2 million) for the first…
TSMC says it’s working hard to control costs, lifted partly by Ukraine war
By Sarah Wu TAIPEI (Reuters) – Taiwanese chipmaker TSMC said on Thursday that while war in Ukraine has impacted the company’s costs, customers need not worry about the impact being passed on…
International Flavors & Fragrances posts quarterly loss as costs rise
(Reuters) – International Flavors & Fragrances cut its annual sales forecast and reported a quarterly loss on Monday, compared with a year-ago profit, as soaring inflation raises its costs. The company, which…
US productivity drops in first quarter; labor costs jump
WASHINGTON (Reuters) – U.S. worker productivity fell more than expected in the first quarter after growing in the second half of 2022, boosting labor costs, which could see the Federal Reserve keeping…
BorgWarner sees annual sales below estimates on supply snags, higher costs
(Reuters) – BorgWarner Inc on Thursday forecast full-year sales below analysts’ estimates as supply chain issues continued to weigh on the auto supplier, sending the company’s shares down nearly 2% in premarket…
Sysco Corp misses profit estimates on higher input costs
(Reuters) – U.S. food distributor Sysco Corp missed Wall Street expectations for third-quarter profit on Tuesday, hurt by higher raw material costs and a stronger dollar. Shares of the Texas-based company fell…
Coffee at home: Australia Woolworths’ sales jump as shoppers cut costs
By Byron Kaye and Archishma Iyer (Reuters) – Top Australian grocer Woolworths Group Ltd posted a bigger than expected rise in third-quarter sales as shoppers bought more of its cheaper house-brand products…
Sharpie-maker Newell sees 2023 profit at low end of forecast on higher costs, softer demand
(Reuters) – Sharpie-maker Newell Brands Inc on Friday forecast annual sales and profit at the low end of its previous outlook, signaling a hit from softer demand for its products and higher…
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