(Reuters) -Tesla has applied to expand its gigafactory in Texas with an investment totaling $775.7 million, government filings showed, marking one of its largest expansion drives since setting up the[...]
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January 10, 2023
Wall St ends higher, Powell comments avoid rate policy
By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks ended solidly higher on Tuesday, led by a 1% gain in the Nasdaq, on relief that Federal Reserve Chair Jerome Powell refrained in a speec[...]
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Wells Fargo to shrink mortgage business, exit correspondent lending
(Reuters) -Wells Fargo & Co will slim down its home lending business by reducing its mortgage servicing portfolio and exiting the correspondent lending business, the company said on Tuesday. “We a[...]
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Sen. Sanders asks Moderna not to hike COVID vaccine price
By Michael Erman (Reuters) -U.S. Senator Bernie Sanders sent Moderna Inc a letter this week asking the drug company to halt planned U.S. price increases on its COVID-19 vaccine, saying price hikes cou[...]
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South Korea Dec 2022 unemployment rate rises to 11-month high
SEOUL (Reuters) – South Korea’s unemployment rate rose to an 11-month high in December 2022, while the annual increase in employed people marked the smallest in 21 months, official data sh[...]
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Hackers hit websites of Danish central bank, other banks
COPENHAGEN (Reuters) – Hackers have disrupted access to the websites of Denmark’s central bank and seven private banks in the country this week, according to the central bank and an IT fir[...]
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U.S. FAA seeks to extend safety mandate to charter, air tour operators, aircraft manufacturers
By David Shepardson WASHINGTON (Reuters) – The Federal Aviation Administration (FAA) on Tuesday proposed requiring charter, commuter, air tour operators, and aircraft manufacturers to implement[...]
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Boeing orders jump but trail Airbus for 4th straight year as China lags
By David Shepardson WASHINGTON (Reuters) -Boeing Co reported a sharp jump in airplane orders and deliveries in 2022 but trailed Airbus for the fourth straight year as its European rival trounced the U[...]
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Oil edges higher as petroleum demand set to touch record next year
By Arathy Somasekhar HOUSTON (Reuters) – Oil prices edged slightly higher on Tuesday as the U.S. government forecast record global petroleum consumption next year and as the dollar hovered at se[...]
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