(Reuters) -German state-owned utility Uniper on Tuesday refined its outlook for the full year as the company said it benefited

WASHINGTON--(BUSINESS WIRE)--Jul 17, 2023--

'But people need to start understanding that the economic gap is crazy,' said Samuel Jackson

By Joe Cash and Liz Lee BEIJING (Reuters) -China will impose sanctions against U.S. aerospace and defence firms Northrop Grumman

(Reuters) -Shutterstock Inc said on Tuesday it would buy animated-images platform Giphy Inc from Meta Platforms Inc for $53 million

Turkey's annual inflation rate held steady near 60 percent last month, official data showed Thursday, offering the first evidence that President Recep Tayyip Erdogan's economic...

As millions of Americans head to airports for the Juneteenth holiday weekend, many are facing serious travel headaches — including hundreds of flight cancellations and thousands of delays.

House Speaker Hakeem Jeffries sounded confident that Congress would vote to avert a default on the US’s obligations on Sunday, hours after news broke that the White House had reached a deal with Republican leadership to raise the debt ceiling. The “agreement in principle” was announced Saturday evening after much of the House of Representatives and Senate had left for the Memorial Day weekend. A handful remained in Washington to continue negotiations ahead of the deadline; the US Treasure Department estimates that the federal government’s ability to pay its debts will be in question come 1 June — this Thursday. Mr Jeffries spoke on CBS’s Face the Nation on Sunday. While he cautioned that he had not seen the actual text of the bill, which is reportedly set to cap funding for the US government (except for the military) through 2024, he offered a simple “yes” when asked directly if he could guarantee that the US would avert default. It’s a statement that will likely mean a sigh of relief for those Americans worried about the effects that a credit downgrade would have on the US economy, though that remains a possibility thanks to the toxic partisanship that brought the US to this point in the first place, but also one that may frustrate progressives and other Democrats who may see the development as Democrats giving in to the GOP’s demands. The deal does stave off further debt ceiling negotiations until 2025, but many on the left simply wish to do away with the limit altogether. And there’s already signs that many on the conservative right do not like the deal, with some even calling any legislation that raises the debt limit a non-starter. Their opposition within the GOP’s slim House majority necessitates votes from Democrats to pass this deal or any other. More follows...

Normally a new, $2.5 billion factory, complete with 1,400 expected jobs, would be considered a good thing for a local economy.

Rogers Communications Inc. raised its outlook for the year, as Canada’s high immigration levels helped the company show

Visa Inc. unveiled a $100 million plan to invest in companies focused on generative artificial intelligence. The firm,

By David Shepardson (Reuters) -U.S. Senator Elizabeth Warren has asked JetBlue CEO Robin Hayes to answer if the low-cost airline