By David Shepardson WASHINGTON (Reuters) -Ford Motor said on Thursday it had delayed the planned launches of three-row EVs in Canada and its next-generation electric pickup truck built in Tennessee as[...]
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April 4, 2024
Exclusive-Fed’s Barkin: Confidence to cut rates requires breadth of inflation to narrow
By Howard Schneider RICHMOND, Virginia (Reuters) – Richmond Federal Reserve President Thomas Barkin said he is focused intently on the persistent breadth of inflation across goods and services,[...]
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Goldman Sachs urged to separate CEO, chair roles by proxy advisers
By Ross Kerber and Saeed Azhar (Reuters) -Influential proxy adviser Glass Lewis joined another adviser in urging Goldman Sachs to split the CEO and chairman roles held by David Solomon, and further br[...]
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British billionaire Joe Lewis fined $5 million by US judge for insider trading
By Jody Godoy NEW YORK (Reuters) -A U.S. judge ordered British billionaire Joe Lewis on Thursday to pay a $5 million fine and serve three years of probation for sharing illegal stock tips, allowing an[...]
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Dollar hits two-week low, moves lower against yen
By Hannah Lang NEW YORK (Reuters) -The dollar hit a two-week low on Thursday as economic data supported expectations for quick interest rate cuts in the U.S., and fell against the battered yen. An une[...]
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US small businesses dial back hiring plans again, NFIB says
By Dan Burns (Reuters) -Hiring plans among U.S. small businesses in March were the weakest since May 2020 when pandemic shutdowns threw the economy into recession, dropping below a key threshold some[...]
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Jefferies and Japan’s Sumitomo expand alliance into Canada
(Reuters) – Jefferies Financial will strengthen its presence in Canada through an expanded partnership with Japan’s Sumitomo Mitsui Banking Corp (SMBC), as it looks to tap into the dealmak[...]
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Disney to start cracking down on password-sharing from June, CEO Iger says
(Reuters) -Walt Disney’s streaming service will start cracking down on password-sharing from June, CEO Bob Iger said on Thursday, as the entertainment conglomerate looks to boost subscriber grow[...]
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Fed’s Goolsbee says housing price pressures pose biggest inflation risk
(Reuters) -The largest impediment to the U.S. central bank’s efforts to return inflation to its 2% target rate is the persistence of outsized price increases in the housing services sector, Chic[...]
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