By Daina Beth Solomon MEXICO CITY (Reuters) -Mexico’s Nuevo Leon state said on Thursday that Tesla was still planning to build a factory and that the government would spend more than $130 millio[...]
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October 19, 2023
Wall St drops as Treasury yields surge, Powell speaks
By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks ended solidly lower on Thursday, with shares of Tesla falling after its results and Treasury yields surging as Federal Reserve Chair Jer[...]
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U.S. 10-year Treasury yields hits 5% for first time since 2007
LONDON (Reuters) – The U.S. 10-year Treasury yield briefly reached 5% for the first time since 2007, marking a fresh milestone in a relentless push higher for government borrowing costs. Further[...]
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WeWork COO Anthony Yazbeck to step down
(Reuters) – WeWork’s Chief Operating Officer Anthony Yazbeck will step down from his role and also as president on Oct. 20, the company said on Thursday, days after it named interim chief[...]
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US SEC drops claims against two Ripple Labs executives
By Jody Godoy (Reuters) -The U.S. Securities and Exchange Commission dropped claims against two Ripple Labs executives in its lawsuit alleging the blockchain company violated U.S. securities law, acco[...]
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Marketmind: Five alive: US yield curve nears historic level
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Another watershed day for U.S. Treasuries on Thursday – the entire[...]
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Two U.S. funds to vote Mediobanca outgoing board’s slate for board renewal
MILAN (Reuters) – The U.S. funds CalSTRS and New York City Comptroller said on Thursday they would vote in favour of the outgoing board’s slate of nominees for the new Mediobanca board at[...]
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Behind Detroit’s battery fight: Profits, UAW’s power and Tesla
By Joseph White DETROIT (Reuters) -The United Auto Workers and the Detroit Three automakers are stuck in a standoff over wages and union representation at future electric vehicle battery plants, with[...]
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Argentina gov’t moves to calm FX market, pledges no post-election devaluation
By Jorge Otaola BUENOS AIRES (Reuters) – Argentina’s government intervened in the foreign exchange market on Thursday to tamp down volatility ahead of the country’s general elections[...]
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