Letter: Resident of Ocean County Domestic Violence Shelter Raises Red Flag
I have been a resident at Providence House in Toms River, NJ for the past two months, and I am writing to expose the truth about what happens inside this shelter — a place that…
Australia’s central bank raises rates to 12-year high, tempers hawkish stance
By Wayne Cole SYDNEY (Reuters) -Australia’s central bank raised interest rates to a 12-year high on Tuesday, ending four months of steady policy, but left it open on whether even more tightening…
Defense firm Leidos raises outlook on robust weapons demand
(Reuters) – U.S. defense contractor Leidos Holdings on Tuesday raised its full-year profit and revenue forecasts on the back of strong weapons demand amid rising geopolitical tensions. Defense companies have seen robust…
Public Storage raises forecast for full-year revenue growth on higher occupancy
(Reuters) – Public Storage on Monday raised its full-year outlook for revenue growth and core funds from operation (FFO) per share, on higher move-in volumes and improved occupancy in its self-storage facilities.…
Tesla raises price of high-performance Model Y in China by 14,000 yuan
BEIJING (Reuters) – Tesla Inc has increased the price for its Model Y high-performance version SUV in China by 14,000 yuan ($1,913.88) from Friday, it said on a social media notice. ($1…
Baker Hughes raises full year revenue forecast on demand for LNG equipment
By Arathy Somasekhar HOUSTON (Reuters) -Oilfield and liquefied natural gas supplier Baker Hughes on Thursday raised its full year revenue forecast, primarily on strong demand for its liquefied natural gas (LNG) equipment.…
CenterPoint Energy raises full-year profit outlook, CEO to retire
(Reuters) – CenterPoint Energy Inc on Thursday raised its full-year profit outlook and announced that chief executive officer David Lesar will retire early next year. The Houston, Texas-based company announced that Jason…
Beiersdorf raises 2023 sales guidance on strong 9-month results
BERLIN (Reuters) -Nivea maker Beiersdorf raised its full-year sales guidance on Wednesday, as it reported a 11.2% hike in organic group sales in the first nine months, driven by its consumer business…
Commonwealth Bank of Australia raises $794 million worth of debt
(Reuters) – Commonwealth Bank of Australia on Wednesday announced the issuance of A$1.25 billion ($794.38 million) worth of subordinated notes. The issue of subordinated securities will not have a material impact on…
Tesla raises US price of Model X Plaid all-wheel drive by 5.6%
(Reuters) – Tesla has increased the price of its Model X Plaid all-wheel drive to $94,990 from $89,990 in the United States, the electric vehicle maker’s website showed on Thursday. This comes…
Indonesia central bank unexpectedly raises rates amid falling rupiah
By Gayatri Suroyo and Stefanno Sulaiman JAKARTA (Reuters) – Bank Indonesia unexpectedly raised interest rates on Thursday to arrest the rupiah’s decline amid U.S. monetary tightening and rising geopolitical risks, with economists…
PPG Industries beats quarterly profit estimates, raises FY earnings forecast
(Reuters) – PPG Industries on Wednesday beat Wall Street estimates for third-quarter profit and raised its full-year earnings outlook, as high sales volumes in the automotive and aerospace sector helped boost coatings…
BlackRock Investment Institute raises rating of long-dated US Treasuries
(Reuters) – BlackRock Investment Institute on Monday raised the rating of long-dated U.S. Treasuries to “neutral” from “underweight” as it sees yields approaching a peak. “We now see about equal odds that…
Aliyev raises Azerbaijan’s flag in former breakaway region of Karabakh
MOSCOW (Reuters) -Azerbaijani President Ilham Aliyev on Sunday raised the national flag in the capital of the former breakaway region of Nagorno-Karabakh after a lightning military operation last month brought the territory…
Anti-Semitic Incident in Newark Raises Call for Financial Transparency in New Jersey
NEWARK, NJ – After a Newark event featuring speakers identified as anti-Semitic by the Anti-Defamation League, Assemblywoman Aura Dunn is advocating for greater budget transparency in New Jersey. The event, funded as…
How U.S. bank balance sheets have changed as Fed raises rates
(Reuters) – The Federal Reserve’s aggressive monetary policy tightening is prompting U.S. banks to slow the flow of credit and beef up cash levels after the panic in March when Silicon Valley…
Publicis raises 2023 sales target again as Q3 beats estimates
By Olivier Sorgho (Reuters) – Publicis, the world’s largest advertising group by market value, on Thursday increased its 2023 sales and margin forecasts as it beat expectations in the third quarter, defying…
IMF raises Ukraine’s economic growth outlook to 2% in 2023
KYIV (Reuters) – The International Monetary Fund has revised its forecast for Ukraine’s economic growth this year up to 2%, and expects its gross domestic product to increase by 3.2% in 2024,…
IMF raises India’s FY24 GDP growth forecast to 6.3% – report
MUMBAI (Reuters) -India’s economic growth forecast for the current fiscal year has been raised to 6.3% from 6.1% earlier, the International Monetary Fund said in its October 2023 World Economic Outlook (WEO)…
Nikki Haley raises $11 million in battle to take on Trump in 2024 Republican race
By Tim Reid (Reuters) – Republican presidential candidate Nikki Haley raised more than $11 million between July and September, according to her campaign, a significant haul that reflects growing interest in her…
Fundraiser in Memory of 12-Year-Old Boy Scout Killed by Drunk Driver Raises $100,000
UNIONDALE, NY – Andrew McMorris’ legacy continues to inspire and touch lives, even after his tragic passing. The 12-year-old was killed by a drunk driver in 2018 during a hike with his…
Citigroup raises Japan stocks to ‘neutral,’ cuts UK to ‘underweight’
(Reuters) – Citigroup on Friday upgraded its recommendation on Japanese stocks to “neutral” as the country’s economy and earnings look resilient, but downgraded British equities to “underweight” due to high exposure to…
Lamb Weston raises annual outlook, shares up 10%
(Reuters) – Lamb Weston Holdings raised its full-year net sales and profit forecasts on Thursday, banking on higher prices for its ready-to-cook frozen potato appetizers and easing cost pressures, sending its shares…
IMF raises Mexico growth forecasts on robust consumption, services, auto output
By David Lawder WASHINGTON (Reuters) – The International Monetary Fund on Tuesday significantly raised its 2023 growth forecast for Mexico to 3.2% from a 2.6% forecast issued in July, citing strength in…
Hungary raises deficit gap, puts pressure on banks to boost lending
BUDAPEST (Reuters) – Hungary’s government has raised the 2023 budget deficit target to 5.2% of economic output from 3.9%, the finance ministry said on Tuesday, citing increased spending on pensions, energy subsidies…
Boaz Weinstein raises bid for hedge fund Sculptor to $13/share – WSJ
(Reuters) – Boaz Weinstein’s coalition has sweetened its offer for hedge fund firm Sculptor Capital Management, the Wall Street Journal reported on Monday, citing people familiar with the matter. Over the weekend,…
Breaking News
