By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar advanced against a basket of currencies on Thursday after Fed Chair Jerome Powell backed more U.S. rate increases albeit at a “careful pa[...]
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June 22, 2023
Slaughterhouse cleaning crews unionize at US firm fined for hiring kids
By Tom Polansek CHICAGO (Reuters) – More than 200 workers who clean meat plants have unionized after their employer paid U.S. fines for hiring children to do dangerous jobs sanitizing slaughterh[...]
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Warren Buffett’s charitable giving tops $51 billion
By Jonathan Stempel (Reuters) -Warren Buffett has donated another $4.64 billion of Berkshire Hathaway stock to five charities, boosting his total giving since 2006 to more than $51 billion. The annual[...]
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Overstock shares jump after winning auction for Bed Bath & Beyond assets
By Deborah Mary Sophia and Chibuike Oguh (Reuters) -Shares of Overstock.com jumped on Thursday after the online retailer won an auction for a portion of the assets of bankrupt home goods chain Bed Bat[...]
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Ford-SK venture to get $9.2 billion US loan for battery plants
By David Shepardson WASHINGTON (Reuters) – The U.S. Energy Department plans to lend up to $9.2 billion to a joint venture of Ford Motor and South Korea’s SK On to help it build three batte[...]
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Surf Air Mobility expects NYSE debut on July 11
(Reuters) – Electric aviation and regional air travel company Surf Air Mobility said on Thursday it expects the company’s shares to start trading on July 11, setting the stage for the firs[...]
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US Senate overwhelmingly backs tax treaty with Chile
By Patricia Zengerle WASHINGTON (Reuters) -The U.S. Senate voted overwhelmingly on Thursday in favor of a tax treaty with Chile seen as crucial for ensuring access for U.S. companies to lithium, a min[...]
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Oil plunges 4% as interest rate hikes outweigh lower US oil supplies
By Stephanie Kelly NEW YORK (Reuters) -Oil futures fell about 4% on Thursday, as a bigger-than-expected Bank of England rate hike prompted worries about the economy and fuel demand that outweighed sup[...]
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Italy’s TIM enters into exclusive talks with KKR over grid sale
By Elvira Pollina and Giuseppe Fonte MILAN (Reuters) -Telecom Italia (TIM) has granted U.S. fund KKR a period of exclusive negotiations for the sale of its landline grid, the Italian phone group said[...]
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