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Norfolk Southern changes policy on overheated bearings, months after Ohio derailment
Norfolk Southern changes policy on overheated bearings, months after Ohio derailment
A minor coal train derailment in Virginia in early July prompted Norfolk Southern to rethink the way it responds to problems with overheating bearings
2023-08-02 01:26
BoE's Bailey says 'big lessons' to be learned from inflation surge
BoE's Bailey says 'big lessons' to be learned from inflation surge
LONDON (Reuters) -Bank of England Governor Andrew Bailey said on Tuesday the central bank had "very big lessons to learn",
2023-05-23 18:52
ChatGPT chief says artificial intelligence should be regulated by a US or global agency
ChatGPT chief says artificial intelligence should be regulated by a US or global agency
The head of the artificial intelligence company that makes ChatGPT has told Congress that government intervention will be critical to mitigating the risks of increasingly powerful AI systems
2023-05-17 05:50
Furniture companies in a rut as fewer people buy big-ticket items
Furniture companies in a rut as fewer people buy big-ticket items
Last week, a pair of furniture retailers said they are experiencing a massive sales drop compared to last year. The end of stay-at-home pandemic trends and a housing market slump are playing a role.
2023-09-10 03:46
Ecuador Debt Jumps With Presidential Vote Heading to Runoff
Ecuador Debt Jumps With Presidential Vote Heading to Runoff
Ecuador bonds surged as the country headed toward a runoff in October that’s seen as more likely to
2023-08-22 05:27
Alibaba's grocery unit IPO put on ice amid disappointing valuation - Bloomberg News
Alibaba's grocery unit IPO put on ice amid disappointing valuation - Bloomberg News
(Reuters) -China's Alibaba Group Holding Ltd is putting a potential Hong Kong initial public offering of its Freshippo grocery chain
2023-09-08 23:29
GM recalls more vehicles with Takata air bag inflators that could explode
GM recalls more vehicles with Takata air bag inflators that could explode
General Motors said Tuesday is recalling almost 900 vehicles worldwide because the Takata-made air bag inflator may explode, potentially striking drivers and passengers with sharp metal fragments.
2023-08-02 04:54
German airline Lufthansa signs deal for minority stake in Italy's struggling ITA Airways
German airline Lufthansa signs deal for minority stake in Italy's struggling ITA Airways
German airline Lufthansa on Thursday signed a deal with the Italian government for a minority share in the long-struggling ITA Airways, formerly Alitalia
2023-05-26 03:29
Buyout Firm Apollo to Buy UK’s United Living Through Impact Fund
Buyout Firm Apollo to Buy UK’s United Living Through Impact Fund
Apollo Global Management Inc. is buying United Living, a UK provider of maintenance and construction services focused on
2023-05-30 14:16
US two-year Treasury yield rises to 17-year high on hawkish Fed
US two-year Treasury yield rises to 17-year high on hawkish Fed
By Kevin Buckland TOKYO The yield on two-year U.S. Treasury notes rose to a 17-year high of 5.1970%
2023-09-21 08:55
Bankman-Fried loses bid for documents from former FTX law firm
Bankman-Fried loses bid for documents from former FTX law firm
NEW YORK A U.S. judge on Friday denied Sam Bankman-Fried's push to get a law firm that advised
2023-06-23 23:23
BOJ Mulls Sharp Increase in 2023 Inflation Outlook
BOJ Mulls Sharp Increase in 2023 Inflation Outlook
Bank of Japan officials meeting this week will probably consider a sharp increase to their inflation forecast for
2023-07-24 17:52