By Brendan Pierson (Reuters) – Johnson & Johnson is facing a new proposed class action seeking damages and medical monitoring on behalf of women who have been diagnosed with cancer, or might[...]
Read more
June 18, 2024
Oil and corn groups team up against Biden’s tailpipe emissions rules
(Reuters) – The top U.S. oil and corn industry lobby groups said on Tuesday they were suing President Joe Biden’s administration over its plans to slash planet-warming tailpipe emissions f[...]
Read more
Senator says US needs to ‘up our game’ on tracking Chinese tech efforts
By David Shepardson WASHINGTON (Reuters) – The chair of the Senate Intelligence Committee said on Tuesday that U.S. intelligence agencies need to do a better job in tracking Chinese advanced tec[...]
Read more
Fed’s Musalem signals wary approach to cutting rates in debut speech
By Lindsay Dunsmuir (Reuters) – The U.S. central bank should only start to cut interest rates after “months, and more likely quarters” of falling inflation, moderating demand and exp[...]
Read more
Huge tech ETF set to buy $10 billion in Nvidia shares
By Suzanne McGee and Lisa Pauline Mattackal (Reuters) – One of the world’s largest technology funds is set to ramp up its exposure to Nvidia, which has become the world’s most valuable com[...]
Read more
US retail sales tepid in May; manufacturing production surges
By Lucia Mutikani WASHINGTON (Reuters) – U.S. retail sales barely rose in May and data for the prior month was revised considerably lower, suggesting that economic activity remained lackluster i[...]
Read more
Amazon Labor Union votes to ratify Teamsters affiliation
(Reuters) – Amazon Labor Union members have voted to affiliate with the International Brotherhood of Teamsters, according to a joint statement on Tuesday, the latest sign that unionization effor[...]
Read more
Dollar eases after US retail sales miss expectations in May
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar eased against the euro on Tuesday after retail sales data indicated signs of exhaustion among U.S. consumers, boosting the case for Federal Reserve[...]
Read more
Citi emphasizes regulatory fixes as it lays out growth targets
By Tatiana Bautzer and Arasu Kannagi Basil (Reuters) -Citigroup is stepping up efforts to fix regulatory problems as it seeks to boost future profits, the bank’s top executives told investors on[...]
Read more