WASHINGTON (Reuters) – President Joe Biden will release his proposed budget on March 9, the White House said on Tuesday, setting a deadline before his meeting with the Republican House speaker o[...]
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January 31, 2023
United Airlines announces JV to develop sustainable fuel using ethanol
(Reuters) – United Airlines Holdings Inc on Tuesday announced a new joint venture to develop and commercialize a sustainable aviation fuel (SAF) technology that will use ethanol as a feedstock.[...]
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U.S. consumer confidence ebbs in January; inflation expectations rise
WASHINGTON (Reuters) – U.S. consumer confidence unexpectedly fell in January as households continued to worry about the economy’s prospects over the next six months, a survey showed on Tue[...]
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Caterpillar profit slides as costs and forex squeeze margins, shares down
By Bianca Flowers and Aishwarya Nair (Reuters) – Caterpillar Inc’s fourth-quarter earnings slid by 29%, the company reported on Tuesday, citing higher manufacturing costs and foreign curre[...]
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Exclusive-Warner Bros Discovery licenses movies and TV shows to Roku, Tubi
By Dawn Chmielewski (Reuters) – Warner Bros Discovery Inc has reached deals with streaming services Roku Inc and Fox Corp’s Tubi to license 2,000 hours of movies and TV series, as it becom[...]
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Spotify shares jump on bullish outlook as more users tune in
By Supantha Mukherjee and Dawn Chmielewski STOCKHOLM/LOS ANGELES (Reuters) – Spotify Technology SA told investors Tuesday it would tighten spending and work to become efficient after a year of i[...]
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India’s Adani secures $2.5 billion share sale amid short-seller storm
By Chris Thomas, Aditya Kalra and Sriram M MUMBAI (Reuters) – Gautam Adani’s crucial $2.5 billion share sale was fully subscribed on Tuesday as investors pumped funds into his flagship fir[...]
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Bayer under investor pressure to speed up CEO changeover
By Patricia Weiss and Ludwig Burger FRANKFURT (Reuters) – A top-10 shareholder in Bayer on Tuesday called on the group’s supervisory board to replace chief executive Werner Baumann quickly[...]
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U.S. opens safety probe into 1.8 million Ford Explorer SUVs
By David Shepardson WASHINGTON (Reuters) -U.S. auto safety regulators said Tuesday they have opened a safety probe into more than 1.8 million Ford Explorer sport utility vehicles over reports windshie[...]
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