Senators demand emergency session over looming 37 percent health benefit hike for NJ public workers
New Jersey Senate Republicans are demanding an emergency legislative session to address a proposed 37% spike in public employee health premiums, warning of widespread consequences for taxpayers, municipalities, and school budgets if…
French services activity falls for first time since January as demand weakens – PMI
PARIS (Reuters) – Activity in France’s dominant services sector fell in June for the first time since January, a survey showed on Wednesday, as weak demand added to fears the euro zone’s…
German manufacturing shrinks in June as demand weakens-PMI
BERLIN (Reuters) – Germany’s manufacturing sector contracted at the fastest rate in more than three years in June, with both output and new orders falling, a survey showed on Monday. The HCOB…
Fashion industry driving demand for green shipping, Maersk says
By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) – Fashion brands are a key driver of demand for green shipping fuels, according to shipping group Maersk, as the sector faces pressure from consumers and regulators…
China steel exports seen surging to seven-year high as home demand wilts
By Amy Lv and Dominique Patton BEIJING (Reuters) – China is set to export the most steel this year since 2016, say analysts, as the weakening yuan and competitive prices help the…
US Teamsters demand final contract offer from UPS
By Lisa Baertlein LOS ANGELES (Reuters) – The union representing roughly 340,000 U.S. drivers, package handlers and loaders at United Parcel Service on Wednesday demanded that UPS make its “last, best, and…
Mercury Systems rebuffs former CEO’s unusual pay demand
By David Carnevali NEW YORK (Reuters) – U.S. military chip maker Mercury Systems Inc is locked in an unusual dispute with its former chief executive who is demanding a payout, most recently…
Parents Demand Youngkin Enact Policies Requiring Schools To Notify Families If Their Child Is Trans
Parents Demand Youngkin Enact Policies Requiring Schools To Notify Families If Their Child Is Trans Reagan Reese on June 28, 2023 Virginia parents are calling on Republican Gov. Glenn Youngkin to enact…
Nike’s 2024 pressured by weak North American demand, inventory glut
By Ananya Mariam Rajesh (Reuters) – Nike is expected to forecast full-year profit below Wall Street estimates, as demand for the sportswear giant’s products from wholesalers such as Foot Locker and Hibbett…
Hollywood Elites Demand Big Tech Censor Americans For Acknowledging Biological Sex
Hollywood Elites Demand Big Tech Censor Americans For Acknowledging Biological Sex Jason Cohen on June 27, 2023 Over 250 celebrities in film, music and other industries signed an open letter to pressure…
Texas power demand again forecast to peak this week amid heat wave
(Reuters) – Texas’ power grid operator on Monday again projected electricity use would break records this week as homes and business cranked up air conditioning amid soaring temperatures. The Electric Reliability Council…
Marketmind: Russian turmoil tests safe-haven demand
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian markets on Monday kick off what looks like a pretty light…
Carnival set to post strong revenue growth as new, younger customers drive demand
By Granth Vanaik (Reuters) – Carnival is expected to post robust second-quarter revenue growth as new and younger customers, undeterred by high inflation, spend on novel experiences such as cruising. While Americans…
Lithium producers warn global supplies may not meet electric vehicle demand
By Ernest Scheyder LAS VEGAS (Reuters) – Lithium producers are growing anxious that delays in mine permitting, staffing shortages and inflation may hinder their ability to supply enough of the battery metal…
KB Home quarterly revenue rises on higher demand
(Reuters) – KB Home on Wednesday posted a 3% rise in its quarterly revenue, helped by strong demand amid tight supply of homes. Shares of the U.S. homebuilder rose about 1% in…
Recruiter SThree’s fee growth strained by weak U.S. demand
By Sinchita Mitra (Reuters) – Continued hiring caution and declining demand in the U.S. and life sciences sector dented SThree’s half-year net fees from permanent hires, although strong demand for contract workers…
U.S. sweet, sour oil price spread narrows on strong sour demand
By Arathy Somasekhar HOUSTON (Reuters) – U.S. sweet and sour oil differentials narrowed significantly this month, pricing data showed, as demand for higher sulfur crudes climbed from refineries and exporters while supplies…
Boeing boosts 20 year outlook for planes due to narrowbody demand
By Valerie Insinna PARIS (Reuters) – U.S. planemaker Boeing slightly raised its annual 20-year forecast for new jetliner deliveries, propelled by the strength of the narrowbody market fueled by demand from low-cost…
EV maker Rivian sees stable demand through the year – CFO
(Reuters) -Electric vehicle maker Rivian Automotive expects demand for its pickups and sport-utility vehicles to remain stable through the year, it’s finance chief said, even as higher borrowing costs and fears of…
BlackRock sees strong demand for infrastructure investments in Saudi Arabia
NEW YORK (Reuters) – BlackRock sees strong demand from its global clients for infrastructure investments in Saudi Arabia, Rachel Lord, Head of APAC at the asset manager, said on Wednesday. Speaking at…
Germany’s photovoltaic system demand set for double-digit growth this year, lobby says
BERLIN (Reuters) – German demand for photovoltaic power systems is expected to grow at a double-digit rate this year with solar storage system installations by mid-year topping 2022’s total, the BSW solar…
Carnival leads gains in cruise stocks as analysts eye strong travel demand
By Chibuike Oguh NEW YORK (Reuters) – Shares of Carnival Corp and Norwegian Cruise Line Holdings Ltd jumped on Monday, and were among the top S&P 500 performers, as analysts anticipate continuing…
Dems Seize On Wildfires To Demand Biden Declare A ‘Climate Emergency’
Dems Seize On Wildfires To Demand Biden Declare A ‘Climate Emergency’ Harold Hutchison on June 8, 2023 Congressional Democrats have called on President Joe Biden to declare a “climate emergency,” citing wildfires…
JPMorgan president says loan demand declining, US economic slowdown weighs
By Nupur Anand and Lananh Nguyen NEW YORK (Reuters) – JPMorgan Chase & Co’s President and Chief Operating Officer Daniel Pinto said loan demand is declining at a time when regional and…
China new home prices, sales fall on soft demand in May
BEIJING (Reuters) – China’s new home prices fell for the first time in four months in May and home sales slumped, according to a private survey, adding to pressure on a property…
Dow cuts second-quarter revenue forecast on demand, pricing woes
(Reuters) – Chemical maker Dow Inc forecast second-quarter revenue below market expectations on Wednesday, citing slower macroeconomic activity and lower pricing levels. The company now expects revenue for the quarter ending June…
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