By Kate Chappell KINGSTON (Reuters) – Olympic champion Usain Bolt is seeking to recover more than $12.7 million that disappeared from his account with a Jamaican investment firm and is willing t[...]
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January 18, 2023
NASA awards $425 million to Boeing for fuel-efficient airliner research project
By David Shepardson WASHINGTON (Reuters) – NASA said on Wednesday it awarded $425 million to Boeing Co for the agency’s “Sustainable Flight Demonstrator” project as the Biden a[...]
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U.S. holiday sales miss estimates as inflation weighs on demand – NRF
By Ananya Mariam Rajesh and Aatrayee Chatterjee (Reuters) -U.S. holiday sales rose by 5.3%, but fell short of estimates, as shoppers feeling the brunt of stubbornly high inflation pulled forward purch[...]
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European shares extend winning streak on earnings boost
By Bansari Mayur Kamdar and Ankika Biswas (Reuters) – European shares marked their longest winning streak since November 2021 on Wednesday, lifted by upbeat earnings, while optimism over China[...]
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Fed’s current structure has boosted public confidence, George says
By Howard Schneider WASHINGTON (Reuters) – The Federal Reserve’s current structure, with the Washington-based Board of Governors and 12 quasi-autonomous regional banks, has “created[...]
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U.S. agency cites Amazon.com for safety hazards
NEW YORK (Reuters) -A U.S. government agency on Wednesday issued citations against Amazon.com Inc for failing to keep workers safe, after inspections at three warehouses found that workers were expose[...]
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‘World of Warcraft’ battle heats up as NetEase rejects Blizzard offer
By Josh Ye HONG KONG (Reuters) -Chinese games publisher NetEase Inc NTES.O said on Wednesday it has rejected a proposal from Activision Blizzard Inc to extend their long-time partnership for six month[...]
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Richemont, Burberry optimistic about China luxury sales
By Paul Sandle and John Revill LONDON/ZURICH (Reuters) – Luxury retailers Richemont and Burberry said they were optimistic that consumers in China would start spending again, helping offset thre[...]
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U.S. business inventories rise in November as sales fall
WASHINGTON (Reuters) – U.S. business inventories increased in November as higher interest rates depressed sales, boosting the inventory-to-sales ratio to the highest level in nearly two years. B[...]
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