(Reuters) – San Francisco Federal Reserve Bank President Mary Daly on Friday said that while the recent drop in inflation and the gradual rebalancing of the labor market is “unequivocally[...]
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September 22, 2023
Factbox-UAW President Fain gives details of talks with automakers
(Reuters) – The United Auto Workers said on Friday the union will expand its strikes against Detroit automakers General Motors and Chrysler parent Stellantis, but has made real progress in talks[...]
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Arm and Instacart add to losses after lukewarm analyst reports
By Noel Randewich (Reuters) – Shares of Arm Holdings and Instacart deepened their recent losses on Friday after analysts gave lukewarm ratings to the two companies that recently held highly anti[...]
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NBCUniversal names insider Rick Cordella president of sports division
(Reuters) – Comcast’s NBCUniversal on Friday appointed veteran executive Rick Cordella as president of its sports division. Cordella will take charge of NBC Sports’ platforms includi[...]
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UAW expands strikes against GM, Stellantis
(Reuters) -The United Auto Workers (UAW) union said on Friday it would expand its coordinated strike against General Motors Co and Stellantis but added that it had made real progress in talks with For[...]
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FTC to file antitrust case against Amazon as soon as Tuesday – Politico
(Reuters) -The Federal Trade Commission will file a long-awaited antitrust lawsuit against Amazon in federal court as soon as Tuesday, Politico reported on Friday, kicking off the latest leg in the US[...]
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Citadel Securities pays $7 million to settle charges it violated short-sale rules
By Pete Schroeder (Reuters) -The U.S. Securities and Exchange Commission on Friday said Citadel Securities LLC, a Miami-based broker-dealer, had agreed to pay $7 million to settle charges it incorrect[...]
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Mexico must address US’ ‘serious concerns’ over energy measures, USTR says
MEXICO CITY (Reuters) – A U.S. trade official stressed Mexico’s need to address “serious concerns” from the United States of its energy measures, which were raised during consu[...]
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Citi warns UK staff of cuts as hundreds of roles could be affected – memo
(Corrects spelling of Bardrick in paragraph 3 and 7.) By Anousha Sakoui LONDON (Reuters) -Citigroup has warned UK-based employees of the likelihood of redundancies as the lender pushes ahead with a sw[...]
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