By David Shepardson WASHINGTON (Reuters) – Two senior Biden administration officials got behind the wheel of new electric vehicles (EV) Wednesday at the Washington, D.C. auto show to urge Americ[...]
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January 25, 2023
Exclusive-Bank of Canada’s Macklem says he is ‘not even thinking’ of cutting rates
By Steve Scherer and David Ljunggren OTTAWA (Reuters) -Bank of Canada Governor Tiff Macklem on Wednesday said he was focused on whether interest rates would need to go higher and was not even consider[...]
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Congressional Budget Office to issue debt limit, budget forecasts on Feb. 15
By David Lawder WASHINGTON (Reuters) – The Congressional Budget Office (CBO) said on Wednesday that it plans to release its 2023 baseline budget and economic forecast on Feb. 15, along with a sp[...]
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Juul in deal talks with three tobacco giants – WSJ
(Reuters) -E-cigarette maker Juul Labs Inc is in early talks with three tobacco giants for a potential sale, strategic investment, licensing or distribution deal, the Wall Street Journal reported on W[...]
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Exclusive-Dutch officials headed to Washington to talk controls on chipmaking gear – sources
By Michael Martina (Reuters) – Dutch and U.S. officials will meet in Washington on Friday to discuss potential new controls on exporting semiconductor manufacturing gear to China, with a deal po[...]
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Stocks slide as corporate results spur recession fears
By Herbert Lash NEW YORK (Reuters) -Global equity markets skidded on Wednesday as poor corporate results fueled recession fears, as did the ongoing inversion of short- and long-dated Treasury yields[...]
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Relatives of 737 MAX crash victims seek monitor for Boeing after plea deal
By David Shepardson (Reuters) -Relatives of people killed in two fatal 737 MAX crashes asked a U.S. judge on Wednesday to name an independent corporate monitor to oversee Boeing Co’s compliance[...]
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TSX ends lower for second day as industrials slide
By Fergal Smith (Reuters) -Canada’s main stock index ended down on Wednesday as industrial shares fell, but the index closed well above its low for the day as the Bank of Canada raised interest[...]
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Natural disasters caused $313 billion economic loss in 2022 – Aon
(Reuters) – Natural disasters, many driven by climate change, caused global economic losses of $313 billion in 2022, insurance broker Aon estimated on Wednesday, of which less than half was insu[...]
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