Pirelli says operating profit rises 9% in Q1, confirms FY forecasts
MILAN Pirelli said on Thursday its operating profit grew 8.6% in the first quarter, as stronger pricing capacity
2023-05-12 00:22
Weekly US jobless claims highest since 2021, but companies avoid risk of being caught short-handed
The number of Americans filing for jobless claims last week rose to its highest level in a year-and-a-half, though the labor market remains healthy by historical standards
2023-05-12 00:21
Average long-term US mortgage rate falls to 6.35% this week, lowest level in 5 weeks
The average long-term U.S. mortgage rate fell this week to its lowest level in five weeks, welcome news for house hunters looking for an edge as they navigate a housing market constrained by a near-historic low number of homes for sale
2023-05-12 00:19
Supreme Court sides with ex-Cuomo aide, others convicted of corruption related to 'Buffalo Billion'
The Supreme Court has ruled for a onetime top aide to ex-New York Gov_ Andrew Cuomo and for others who were convicted of corruption related to an economic development project known as the “Buffalo Billion.”
2023-05-12 00:18
Universal Robots (UR) Debuts the World’s First Cobot Spot Welder and New Cobot-Powered Palletizing and Machine Tending Cells Among More Than 60 UR Cobot Exhibits at Automate 2023
NOVI, Mich.--(BUSINESS WIRE)--May 11, 2023--
2023-05-12 00:17
Why Biden is wary of using the 14th Amendment to address the debt limit crisis: What to know
President Joe Biden and his administration have been searching for ways he might act unilaterally to avoid an economic “calamity” if Congress can’t reach agreement to allow more federal borrowing
2023-05-12 00:00
Biden Campaign to Cut Power Emissions Spares Most Gas Plants
The Biden administration is cracking down on planet-warming pollution from the US electric sector with proposed requirements that
2023-05-11 23:57
Macron Sets Out Plan to Accelerate France’s Industrial Revival
French President Emmanuel Macron unveiled measures to spur a reversal of the country’s industrial decline as he seeks
2023-05-11 23:56
Climate change not 'serious risk' to financial stability, Fed's Waller says
By Howard Schneider WASHINGTON (Reuters) -Climate change does not pose such "significantly unique or material" financial stability risks that the
2023-05-11 23:55
HSBC, Scotiabank hit with US penalties over employees' use of personal devices
By Chris Prentice WASHINGTON (Reuters) -U.S. regulators on Thursday slapped units of Bank of Nova Scotia and HSBC Holdings with
2023-05-11 23:54
Peloton is recalling more than 2 million exercise bikes. Here's why
Peloton is recalling more than 2 million of its exercise bikes because the bike’s seat post assembly can break during use, posing fall and injury hazards
2023-05-11 23:51
Blackstone, Apollo were among about 20 bidders for SVB's assets
(This May 10 story has been corrected to fix the bids closing to March 24, not March 10, in paragraph
2023-05-11 23:26