By Katie Paul NEW YORK (Reuters) – Meta’s head of augmented reality software is stepping down from his role, a company spokesperson told Reuters on Friday, raising questions about the comp[...]
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November 17, 2023
Northrop Grumman pulls out of UK narrowband military satellite tender – FT
LONDON (Reuters) – U.S. defence company Northrop Grumman has pulled out of a competition to supply narrowband military satellite communications for Britain’s armed forces, the Financial Ti[...]
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US lawmakers pressure FDIC chief over misconduct allegations
WASHINGTON (Reuters) -Lawmakers on Capitol Hill on Friday renewed public calls for an investigation into the allegations of sexual harassment and other workplace misconduct at the U.S. Federal Deposit[...]
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Fed officials find a bit of Zen on way to next policy decision
By Ann Saphir and Michael S. Derby (Reuters) – As Federal Reserve officials near the midway point between their last policy meeting and the final one of the year, they appear to be converging on[...]
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After breathtaking surge, US stocks’ path may rest on economic soft landing
By Lewis Krauskopf NEW YORK (Reuters) – Are U.S. stocks poised to continue their dramatic run, or is a pause ahead? That’s the question investors are asking as the S&P 500 heads into the clo[...]
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Citigroup employees expect management reshuffle, layoffs on Monday -sources
By Saeed Azhar, Svea Herbst-Bayliss and Tatiana Bautzer NEW YORK (Reuters) -Citigroup employees expect announcements about management changes and layoffs on Monday in the next phase of the bank’s swee[...]
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Hefty options ‘disaster hedges’ draw buyers as US stocks extend rally
By Saqib Iqbal Ahmed NEW YORK (Reuters) – A string of hefty bets on a doubling of Wall Street’s best known volatility index is raising eyebrows in the U.S. equity options markets, though a[...]
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Factbox-From Detroit Three to healthcare, US labor unions flex muscle
By Mrinalika Roy (Reuters) -A tight U.S. labor market, the expiry of union contracts and high living costs have led to tough negotiations for pay hikes and benefits, triggering strikes and protests ac[...]
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BP seeks partnerships to navigate renewables storm
By Christoph Steitz and Ron Bousso BERLIN/LONDON (Reuters) – BP is seeking partners for offshore wind projects in Japan and may invest in hydrogen technology companies to tackle inflation and eq[...]
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