By Arathy Somasekhar HOUSTON (Reuters) -Oil prices fell on Wednesday as fears that more aggressive U.S. interest rate hikes would pressure economic growth and oil demand outweighed a larger-than-expec[...]
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March 8, 2023
Wall St flutters, Treasury yields ease as Powell resumes testimony
By Stephen Culp NEW YORK (Reuters) -U.S. stocks wavered and Treasury yields eased as a barrage of robust economic data appeared to support Federal Reserve Chairman Jerome Powell’s reassertion th[...]
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Roku hires Stitch Fix’s Dan Jedda as finance chief
(Reuters) -Streaming platform Roku Inc said on Wednesday it has hired former finance chief of personalized styling service company Stitch Fix Inc Dan Jedda as its chief financial officer. Jedda, who h[...]
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Pakistan’s Honda Atlas shuts production to end-March on import difficulties
By Ariba Shahid KARACHI, Pakistan (Reuters) – Honda Atlas Cars Pakistan Ltd has announced the longest plant shutdown to date in the current economic crisis amongst the country’s automakers[...]
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Piedmont Lithium shares rebound after tumbling on short-seller report
(Reuters) -Piedmont Lithium Inc’s shares rebounded from early losses on Wednesday sparked by comments from short seller Blue Orca Capital, which alleged that mining licenses in Ghana obtained by[...]
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U.S. aviation regulator boosting safety staff
WASHINGTON (Reuters) – The acting head of the Federal Aviation Administration said Wednesday the agency plans add nearly 300 employees to its safety office as it ramps up oversight following two[...]
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US lawsuit challenging JetBlue’s Spirit deal assigned to new judge
By Nate Raymond and Diane Bartz BOSTON (Reuters) – The U.S. Justice Department’s lawsuit seeking to halt JetBlue Airways Corp’s planned $3.8 billion acquisition of ultra-low cost car[...]
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US Senator Manchin to vote against Biden nominee to head IRS – statement
WASHINGTON (Reuters) – U.S. Senator Joe Manchin said on Wednesday he will vote against Daniel Werfel for Internal Revenue Service (IRS) commissioner, a week after President Joe Biden’s nom[...]
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Adidas boss eyes turnaround after Kanye West split
By Alexander Hübner and Helen Reid HERZOGENAURACH, Germany/LONDON (Reuters) – Adidas will slash its 2022 dividend, the sportswear maker said on Wednesday, after warning a split with the artist f[...]
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