By Joseph White and David Shepardson ROMULUS, Michigan/WASHINGTON (Reuters) – Ford Motor Co on Monday announced plans to invest $3.5 billion to build an electric vehicle battery plant in Michiga[...]
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February 13, 2023
Wall Street ends sharply higher as investors eye inflation data
(Updates following end of session with price moves) By Noel Randewich (Reuters) – Wall Street closed sharply higher on Monday as investors awaited inflation data likely to hint at the path of th[...]
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U.S. judge puts SEC, CFTC cases against FTX’s Sam Bankman-Fried on hold
NEW YORK (Reuters) – A U.S. judge on Monday put two regulators’ civil lawsuits against Sam Bankman-Fried on hold until the conclusion of the Department of Justice’s criminal case aga[...]
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Shares rise, bond yields dip ahead of U.S. inflation data
By Sinéad Carew and Amanda Cooper NEW YORK/LONDON (Reuters) – Wall Street equity indexes closed up more than 1% on Monday and U.S. Treasury yields slipped as investors bet that key U.S. economic[...]
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Bath & Body Works adds new director as Third Point pushes for changes
By Svea Herbst-Bayliss NEW YORK (Reuters) -Bath & Body Works named a veteran consumer products executive as a new director on Monday as the specialty retailer faces pressure from hedge fund Third[...]
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FIS takes $17.6 billion hit in merchant unit to be spun off
By Niket Nishant, Anirban Sen and Milana Vinn (Reuters) -Banking and payments processing conglomerate Fidelity National Information Services Inc took a $17.6 billion write-down on its merchant busines[...]
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Johnson & Johnson names ex-Sanofi executive as pharma, R&D vice president
(Reuters) – Johnson & Johnson said on Monday John Reed will take the role of executive vice president of pharmaceuticals, research and development, effective April 3. Reed, 64, will replace[...]
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Amazon’s Zoox tests robotaxi on public road with employees as passengers
By Abhirup Roy SAN FRANCISCO (Reuters) – Amazon.com Inc’s self-driving vehicle unit, Zoox, said on Monday it has successfully tested a robotaxi with employees as passengers on a public roa[...]
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Japanese and Indian appetizers
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Japanese GDP and Indian wholesale inflation provide investors in Asia with a couple of appetizers on T[...]
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