Dollar drifts higher as US debt ceiling in spotlight
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - The dollar edged higher on Tuesday in…
Day: May 16, 2023
Biden administration announces $11 billion for rural clean energy…
By Leah Douglas WASHINGTON (Reuters) -Rural electric cooperatives, utilities, and other…
Dr. Google: Using AI to Advance Medicine
Google to Accelerate Drug Development with AI Tools Google is ready to address the lengthy…
Biden vetoes legislation to block solar panel tariffs waivers
WASHINGTON (Reuters) -President Joe Biden said on Tuesday he has vetoed legislation passed…
Wells Fargo to pay $1 billion to settle shareholder lawsuit over…
By Jonathan Stempel NEW YORK (Reuters) -Wells Fargo & Co has agreed to pay $1 billion…
US regional bank shares bounce as debt ceiling overshadows crisis
By Chibuike Oguh and Niket Nishant (Reuters) - Shares of U.S. regional lenders rose on…
California’s cannabis firms band together to address credit woes
(Reuters) - A coalition of cannabis firms, representing about 45% sales volume in…
Cryptoverse: Every frog has its day as pepe pops 7,000%
(Our weekly analysis of the wild world of cryptocurrencies) By Lisa Pauline Mattackal and…
Walmart investors eye margins amid grocery focus
By Siddharth Cavale NEW YORK (Reuters) - When Walmart reports earnings Thursday, investors…
U.S. business inventories fall in March
WASHINGTON (Reuters) - U.S. business inventories unexpectedly fell in March, pulled down…
U.S. forms team to set strategy on flying air taxis
By David Shepardson WASHINGTON (Reuters) -The Biden administration said Tuesday it has…
US homebuilder sentiment rises to 10-month high in May
WASHINGTON (Reuters) - U.S. homebuilder sentiment rose to a 10-month high in May as tight…
AutoNation names Thomas Szlosek as CFO
(Reuters) - AutoNation Inc named Thomas Szlosek as its chief financial officer, effective…
U.S. refiners build new oil processing as travel rises
By Erwin Seba HOUSTON (Reuters) - U.S. oil refiners aim to run at up to 94% of a total…
Mercedes plans new electric van platform, 20% cost cuts by mid-decade
By Nick Carey LONDON (Reuters) - Mercedes-Benz's van unit said on Tuesday that it…
