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…
Oil falls more than 1% as growth fears offset China demand hopes
By Stephanie Kelly NEW YORK (Reuters) -Brent crude oil slipped more than 1% in a volatile session on Tuesday as persistent concerns about global economic growth outweighed supply curbs and prompted investors…
Fertilizer makers in for another slow quarter as demand wilts
By Sourasis Bose (Reuters) – Fertilizer companies Nutrien Ltd, Mosaic Co and CF Industries are expected to take a sales hit in the fourth quarter as farmers cut back on purchases to…
Global demand for lithium batteries to leap five-fold by 2030- Li-Bridge
(Reuters) – Global demand for lithium batteries is expected to surge more than five-fold by 2030, public-private alliance Li-Bridge said on Wednesday, as more people opt for electric vehicles and energy storage…
U.S. demand boosts L’Oreal fourth-quarter sales, China weighs
By Mimosa Spencer PARIS (Reuters) -L’Oreal posted 8.1% sales growth in the fourth quarter, a touch slower than in the previous three months, with firm demand in the United States and Europe…
U.N. aviation agency forecasts rapid growth in passenger demand in 2023
OTTAWA (Reuters) – The United Nations’ aviation agency on Wednesday forecast global air passenger demand in 2023 will rapidly recover to pre-pandemic levels on most routes by the first quarter and that…
Russia’s 2022 economic fall seen in lower incomes, slumping consumer demand
By Alexander Marrow MOSCOW (Reuters) – Russian consumer demand contracted at its fastest pace in seven years in 2022 and real disposable incomes fell, data released on Wednesday showed, as the country’s…
24 Red State AGs Demand Yelp Stop ‘Discriminating’ Against Crisis Pregnancy Centers
24 Red State AGs Demand Yelp Stop ‘Discriminating’ Against Crisis Pregnancy Centers Katelynn Richardson on February 7, 2023 A coalition of 24 GOP state attorneys general sent a letter to Yelp opposing…
Brazil’s auto production, sales fall in January as demand slows
SAO PAULO (Reuters) – Brazil’s auto industry production and sales dropped sharply in January from the previous month, data from automakers association Anfavea showed on Tuesday, suggesting sluggish demand for vehicles in…
Fed loan officer survey finds tighter loan standards, reduced demand
By Michael S. Derby (Reuters) – Lending officers at major banks told the Federal Reserve that in the final three months of last year they tightened standards and saw reduced demand across…
Cummins sees double-digit revenue growth for fiscal 2023 on engine demand
(Reuters) – Cummins Inc on Monday forecast fiscal 2023 revenue growth between 12% and 17%, anticipating strong demand for its engines used in trucks and other heavy vehicles. The company, which benefited…
East African regional leaders demand ceasefire in eastern Congo
By Clement Manirabarusha BUJUMBURA (Reuters) -East African regional leaders on Saturday renewed their call for an immediate ceasefire by all sides in the conflict in eastern Democratic Republic of Congo that pits…
Domestic demand helps Canadian factory sector rebound in January
TORONTO (Reuters) – Canadian manufacturing activity expanded in January for the first time in six months as an uptick in domestic demand led to firms increasing production and inflation pressures showed signs…
Exclusive-Tesla to raise Shanghai output after price cuts stoke demand -memo
SHANGHAI (Reuters) – Tesla plans to step up output at its Shanghai plant over the next two months to meet demand ignited by aggressive price cuts on its best-selling models, according to…
Temple University Graduate Students Go On Strike, Demand ‘Living Wage’
Temple University Graduate Students Go On Strike, Demand ‘Living Wage’ Alexa Schwerha on January 31, 2023 Graduate students at Temple University officially went on strike Tuesday to demand a livable wage, according…
Nation’s Highest-Paid Teachers Are Shutting Down Schools To Demand Higher Pay
Nation’s Highest-Paid Teachers Are Shutting Down Schools To Demand Higher Pay Reagan Reese on January 31, 2023 Teachers of a Massachusetts school district are striking for a second day over higher pay,…
U.S. crude and petroleum products demand rises in November -EIA
NEW YORK (Reuters) -Demand for U.S. crude and petroleum products rose 178,000 barrels per day (bpd) in November to 20.59 million bpd, the highest since August, the U.S. Energy Information Administration (EIA)…
Pentair results beat expectations on strong demand for fresh water tech
(Reuters) – Pentair Plc, which provides water treatment technology, reported better-than-expected quarterly profit and revenue on Tuesday, aided by strong demand for fresh water. Companies have been pressing into global demand for…
Ryanair posts record Christmas quarter, sees ‘very robust’ summer demand
By Conor Humphries DUBLIN (Reuters) – Ryanair on Monday posted a record after-tax profit for its October-December quarter and said bookings for Easter and summer flights were “very robust”, boosted by demand…
Jet fuel prices up as demand jumps, refinery outages limit supply
By Shariq Khan, Laura Sanicola and Seher Dareen (Reuters) – Jet fuel prices have risen to levels never recorded in January as demand from China’s lifting of COVID-19 travel restrictions and U.S.…
Northrop Grumman expects strong 2023 revenue as weapon demand surges
By Mike Stone and Nathan Gomes (Reuters) – U.S. defense contractor Northrop Grumman Corp on Thursday forecast full-year sales above Wall Street estimates, as it benefits from strong demand for weapons from…
U.S. crude stocks highest since June 2021 as fuel demand falls -EIA
By Laura Sanicola (Reuters) – U.S. crude inventories rose last week as demand for fuels tapered off, and while the increase was less than expected, crude stocks reached the highest level since…
Textron posts quarterly revenue beat on strong business jet demand
(Reuters) – Cessna jet maker Textron Inc reported a better-than-expected revenue on Wednesday, as a pandemic-driven demand for private jets shows little signs of cooling. The spread of the COVID-19 pandemic drove…
Banks demand deep changes to UK’s accountability rules -sources
By Iain Withers and Huw Jones LONDON (Reuters) – Banks are pushing the British government to relax core parts of post-financial crisis rules designed to hold bosses to account for misconduct on…
Gulf economies to slow this year on sluggish oil demand – Reuters poll
By Anant Chandak BENGALURU (Reuters) – Economies in the six-member Gulf Cooperation Council (GCC) will grow this year at half the rate of 2022 as oil revenues take a hit from an…
Republican AGs Demand Info On DHS Agents Who Worked To Censor ‘Disinformation’ Online
Republican AGs Demand Info On DHS Agents Who Worked To Censor ‘Disinformation’ Online Micaela Burrow on January 20, 2023 Republican attorneys general of Missouri and Louisiana are calling for five current or…
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