By Chuck Mikolajczak NEW YORK (Reuters) -A gauge of global stocks fell on Friday and was set for a weekly decline that would snap seven straight weekly gains, while the dollar rose and was on track fo[...]
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March 15, 2024
Wall St drops with tech-related shares, investors assess rate outlook
By Caroline Valetkevitch NEW YORK (Reuters) -U.S. stocks fell on Friday, led by technology-related megacaps that have propelled this year’s rally, while investors weighed the interest rate outlo[...]
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US NTSB probes driver assistance system use in fatal Ford crash
By David Shepardson WASHINGTON (Reuters) -The U.S. National Transportation Safety Board said on Friday it was investigating the use of an advanced driver assistance system in a Ford Mustang Mach-E tha[...]
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Boeing tells airlines to check 787 flight deck seat switches
By David Shepardson WASHINGTON (Reuters) -Boeing on Friday told airlines operating 787 Dreamliners to check flight deck switches after a sudden mid-air dive by a LATAM Airlines 787 plane left more tha[...]
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TotalEnergies preparing Port Arthur, Texas FCC for restart, sources say
By Erwin Seba HOUSTON (Reuters) – TotalEnergies was preparing on Friday to restart the gasoline-producing fluidic catalytic cracker (FCC) over the weekend at its 238,000 barrel-per-day (bpd) Por[...]
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U.S. Steel says Nippon Steel deal expected to close later this year
(Reuters) -U.S. Steel Corp said in a regulatory filing on Friday that the acquisition by Nippon Steel is expected to close later this year. The filing with exchanges comes at a time when the Japanese[...]
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Buffett’s Berkshire boosts CEO-designate Abel’s pay to $20 million
By Jonathan Stempel (Reuters) -Berkshire Hathaway said Warren Buffett raised the pay of his designated successor Greg Abel to $20 million last year, as the conglomerate posted a record operating profi[...]
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Sam Bankman-Fried deserves 40-50 years in prison for FTX fraud, prosecutors say
By Luc Cohen NEW YORK (Reuters) -Sam Bankman-Fried should spend between 40 and 50 years in prison after being convicted for stealing $8 billion from customers of his now-bankrupt FTX cryptocurrency ex[...]
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Hertz appoints Gil West as CEO
(Reuters) – Rental car firm Hertz said on Friday it has appointed Gil West as its chief executive officer, effective April 1. West, who has previously served as chief operating officer of Delta[...]
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