By Steve Scherer and David Ljunggren OTTAWA (Reuters) -The Bank of Canada hiked rates last month rather than leaving them unchanged because of labor market tightness and stronger-than-expected growth,[...]
Read more
February 8, 2023
Hyundai in talks with U.S. Labor Department over Alabama child labor
By Joshua Schneyer, Mica Rosenberg and Kristina Cooke NEW YORK (Reuters) -Hyundai Motor Co said it is in talks with the U.S. Department of Labor to resolve concerns about child workers in its U.S. sup[...]
Read more
U.N. aviation agency forecasts rapid growth in passenger demand in 2023
OTTAWA (Reuters) – The United Nations’ aviation agency on Wednesday forecast global air passenger demand in 2023 will rapidly recover to pre-pandemic levels on most routes by the first qua[...]
Read more
FTX gets court approval to subpoena founder Bankman-Fried, other insiders
By Dietrich Knauth (Reuters) – Failed crypto firm FTX received court approval on Wednesday to issue subpoenas to its founder Sam Bankman-Fried and members of his family as part of the company[...]
Read more
Fed officials on board with more modest pace of interest rate hikes
By Michael S. Derby and Howard Schneider NEW YORK (Reuters) -Federal Reserve officials on Wednesday said more interest rate rises are in the cards as the U.S. central bank presses forward with its eff[...]
Read more
U.S. dollar flat to moderately higher, weak outlook intact on Fed outlook
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar was little changed to marginally higher on Wednesday as investors paused selling the greenback a day after Federal Reserve Chair Jerom[...]
Read more
Oil settles up for third day as interest rate concerns ease
By Laura Sanicola (Reuters) -Oil rose for a third straight day on Wednesday as investors felt more comfortable with risk a day after the Federal Reserve chair’s remarks eased concerns about futu[...]
Read more
Netflix lays out plans to crack down on account sharing
(Corrects syntax in headline and paragraph 1) (Reuters) – Netflix Inc on Wednesday laid out plans to crack down on password sharing for accounts on its streaming platform, including setting up p[...]
Read more
Southwest to tell U.S. lawmakers ‘we messed up’ during holiday meltdown
By David Shepardson and Rajesh Kumar Singh WASHINGTON/CHICAGO (Reuters) -Southwest Airlines Chief Operating Officer Andrew Watterson will apologize on Thursday before a U.S. Senate committee over the[...]
Read more