JACKSON, NJ — The date is now 0 A.K., zero years after the death of Kingda Ka. Kingda Ka, once the tallest and fastest roller coaster on Earth, is no longer part…
WASHINGTON (Reuters) – The U.S. banking sector overall appears well-positioned to weather recent industry turmoil, but the experience could still weigh on credit conditions in the future, the Federal Reserve said on…
FRANKFURT (Reuters) – German technology group Robert Bosch expects 6% to 9% revenue growth this year from 88.2 billion euros ($97.49 billion) in 2022 and an EBIT margin of 5%, up from…
ZURICH (Reuters) – As UBS’s takeover of former rival Swiss bank Credit Suisse nears completion, details are emerging of what the new merged bank will look like. UBS is working towards spinning…
By Jonathan Stempel (Reuters) – The U.S. Securities and Exchange Commission has fined Seattle-based Coinme and related defendants nearly $4 million for conducting an unregistered and misleading offering of a crypto asset…
By David Shepardson WASHINGTON (Reuters) – Chrysler-parent Stellantis NV wants to cut approximately 3,500 hourly U.S. jobs and is offering voluntary exit packages, according to a United Auto Workers union letter made…
By Hilary Russ NEW YORK (Reuters) – Burger King is banking on its viral “Whopper Whopper” jingle to lift sales as part of the flagging fast-food chain’s turnaround plan, as broader economic…
MEXICO CITY (Reuters) – Argentina is considering how to persuade the International Monetary Fund to further ease the economic targets embedded in the country’s $44 billion IMF loan program, a source said,…
LA PAZ (Reuters) – Bolivia’s government has called on the armed forces to tighten border controls to curb the smuggling of state-subsidized fuels, a move it believes will save state coffers some…
By Anna-Catherine Brigida and Walter Bianchi BUENOS AIRES (Reuters) – Argentina has patched up its wobbly economy with a so-called “soy dollar” preferential exchange rate to boost grains exports and bring in…
ROME (Reuters) – Prime Minister Giorgia Meloni’s party has proposed imposing fines of up to 100,000 euros ($108,750) on public and private entities which use foreign terms, most notably English, instead of…
By Mike Dolan LONDON (Reuters) – The dollar could do with some cheering up. According to the ‘dollar smile’ theory developed by currency expert and now hedge fund manager Stephen Jen 20…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Market sentiment can be pretty gloomy in a financial crisis. So when national authorities offer,…
By Foo Yun Chee LUXEMBOURG (Reuters) – U.S. chipmaker Qualcomm returned to Europe’s second-top court on Monday seeking to overturn a 242-million-euro ($258.4 million) EU antitrust fine, a year after it convinced…
(Reuters) -Startup-focused lender SVB Financial Group is looking to sell itself after an attempt to raise capital through a stock sale failed, CNBC reported on Friday. The bank was looking to raise…
By Daniel Wiessner (Reuters) – A panel of conservative U.S. appeals court judges on Thursday appeared poised to revive a lawsuit challenging a Maryland school district’s policy of not disclosing students’ transgender…
By Daniel Ramos and Monica Machicao LA PAZ (Reuters) – Bolivia’s government is battling to calm fears among savers and businesses about a shortage of dollars in the country, which has led…
By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) – Toymaker Lego said store openings in China and strong demand in Western Europe and the Americas had delivered 17% sales growth in 2022, adding that it…
Elon Musk Looks To Challenge ‘Woke’ Chatbot ChatGPT With New AI Venture Jason Cohen on February 28, 2023 Elon Musk has been approaching artificial intelligence researchers to discuss the development of a…
By Chiara Elisei LONDON (Reuters) – European high yield corporate debt is increasingly vulnerable as the global economy slows, suggesting a higher risk of defaults, Deutshe Bank said in a note on…
WASHINGTON (Reuters) – The United States is set to expand the number of troops helping train Taiwanese forces, two U.S. officials said on Thursday, at a time of heightened tensions between Washington…
By Nikunj Ohri NEW DELHI (Reuters) – The Indian federal government is planning to widen its goods and services tax (GST) by tapping a section of mom-and-pop stores, a top tax official…
Puppy cries every time her foster mom leaves the house — so she finds the best solution to make it seem like she’s always with her ❤️ Adopt Sky here: https://thedo.do/adoptsky. Special…
Sen. Michael Testa and Sen. Declan O’Scanlon said a decision by the City of Trenton to leave the State Health Benefits Plan for a private insurer to avoid a 23% increase could…
By Anthony Boadle BRASILIA (Reuters) – Brazil’s military should evict illegal gold miners who have caused malnutrition and starvation in a region of the Yanomami reservation near the Venezuelan border, Indigenous Health…
By Phil Stewart WASHINGTON (Reuters) – The United States aims to break the dynamic of grinding warfare and near-frozen front lines in Ukraine with newly announced military capabilities that it hopes will…