By Amina Niasse NEW YORK (Reuters) -The number of Americans filing initial claims for unemployment benefits rose last week, indicating the labor market continues to cool in the year’s fourth qua[...]
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December 28, 2023
Morgan Stanley’s straight-talking new CEO Ted Pick taking charge
By Tatiana Bautzer and Lananh Nguyen NEW YORK (Reuters) – When Ted Pick takes over as the new CEO of Morgan Stanley next week, the three-decade bank veteran’s frank manner and steady hand[...]
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US FTC sues Grand Canyon University for deceptive advertising, illegal telemarketing
WASHINGTON (Reuters) -The U.S. Federal Trade Commission said on Wednesday it has filed a lawsuit against Grand Canyon University for deceptive advertising, illegal telemarketing and misrepresenting th[...]
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Two U.S. senators call for Tesla recalls after Reuters investigation
By Steve Stecklow (Reuters) -Two U.S. senators have written to Elon Musk, Tesla’s top executive, calling on him to “swiftly” recall any steering and suspension parts that pose a safety risk. The lette[...]
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EV maker VinFast launches first dealership in the US
HANOI (Reuters) – Vietnamese electric vehicle (EV) maker VinFast has launched its first partnership with a U.S.-based dealer, North Carolina-based Leith Automotive Group, its latest effort to ra[...]
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Maersk to send almost all ships via Suez, schedule shows
By Louise Rasmussen COPENHAGEN (Reuters) – Denmark’s Maersk will sail almost all container vessels travelling between Asia and Europe through the Suez Canal from now on while diverting onl[...]
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Japan Nov factory output falls on weaker autos
TOKYO (Reuters) -Japan’s factory output declined in November, weighed by falls in autos production and clouding the outlook for the export-reliant economy. Industrial production fell 0.9% in Nov[...]
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China’s Dec factory activity likely contracted for third month: Reuters poll
BEIJING (Reuters) – China’s manufacturing activity likely contracted for the third consecutive month, a Reuters poll showed on Thursday, weighed by soft demand for manufactured goods, a re[...]
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Singapore readies sales tax hike as demographic crunch looms
(Corrects grammar in paragraph two, to ‘had’ from ‘has’) By Xinghui Kok SINGAPORE (Reuters) – Singapore households are bracing for a sales tax hike that takes effect in t[...]
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