(Reuters) – U.S. rail operator Norfolk Southern Co said on Friday it has reached an agreement with two of its labor unions to provide up to seven paid sick days a year to its members. The compan[...]
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March 10, 2023
Inflation data on deck for markets hit by worries about Fed, banks
By Lewis Krauskopf NEW YORK (Reuters) – A critical inflation report next week will test a U.S. stock market already consumed by worries over Federal Reserve hawkishness and potential fallout fro[...]
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US set to further tighten chipmaking exports to China – Bloomberg News
(Reuters) – The Biden administration is working to further tighten restrictions on exporting semiconductor manufacturing gear to China, Bloomberg News reported on Friday citing people familiar w[...]
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Canada parliament questions Google execs over news-blocking test
By Ismail Shakil and Molly Cone OTTAWA (Reuters) – Alphabet Inc’s Google will stop blocking news articles from some Canadian users’ search results on March 16, a company executive to[...]
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Shifts in US employment may drive gains in labor productivity -Treasury
By Andrea Shalal WASHINGTON (Reuters) -Shifts in U.S. employment over the past two years toward sectors with higher wages and productivity, and higher average hours worked, may drive further gains in[...]
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Silicon Valley Bank shut by California regulator
(Reuters) -A California regulator shut Silicon Valley Bank on Friday and appointed the Federal Deposit Insurance Corporation as receiver, according to the agency’s statement. Shares of the bank[...]
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GE lends helping hands to jet engine suppliers to sidestep supply-chain challenges
By Rajesh Kumar Singh CINCINNATI (Reuters) – General Electric Co sent 12 machinists from its Rutland, Vermont, facility across the country last fall to help a sub-supplier in Arizona that was so[...]
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United States, EU agree to start talks on critical minerals amid trade tensions
By Jeff Mason, Steve Holland and Andrea Shalal WASHINGTON (Reuters) -Amid trade frictions between the United States and the European Union, President Joe Biden and European Commission President Ursula[...]
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Wall Street ‘fear gauge’ options volume jumps to 4-year high as bank stocks sell off
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Wall Street’s most closely watched index of market anxiety jumped on Friday and options volume on the index soared to a near 4 year high as a grow[...]
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