By Howard Schneider and Ann Saphir Jackson Hole, Wyoming (Reuters) – Boston Federal Reserve President Susan Collins on Thursday expressed confidence the U.S. central bank will be able to bring i[...]
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August 22, 2024
Advance Auto Parts sells Worldpac unit to Carlyle Group for $1.5 billion, cuts forecast
By Nathan Gomes and Abigail Summerville (Reuters) – Advance Auto Parts said on Thursday it would sell its Worldpac unit for $1.5 billion as part of its latest attempt at streamlining operations,[...]
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Walmart partners with Burger King to offer discounted deals to members
(Reuters) -Walmart said on Thursday it has partnered with Restaurant Brands’ Burger King to offer discounted meal benefits to its membership customers as the retail giant looks to make its servi[...]
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Amazon must face D.C.’s antitrust lawsuit, appeals court rules
By Jody Godoy (Reuters) – An appeals court in Washington, D.C. revived the district’s lawsuit against Amazon.com Inc on Thursday, saying it plausibly claimed the online retailer’s pr[...]
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Fed’s Harker is ready to start methodical course of rate cuts
By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Bank of Philadelphia President Patrick Harker said Thursday he was on board with a September rate cut as long as the data performs as he expects[...]
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CME, S&P explore sale of joint venture OSTTRA, Bloomberg News reports
(Reuters) – Derivatives exchange CME Group and financial information company S&P Global are weighing a sale of joint venture OSTTRA, Bloomberg News reported on Thursday, citing people famili[...]
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Analysis-Brazil’s grid caps power from wind and solar, threatening renewable projects
By Leticia Fucuchima SAO PAULO (Reuters) – Wind and solar energy producers in Brazil have warned they are reconsidering future investments there after the national grid operator repeatedly cappe[...]
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Australian competition regulator to monitor domestic air fares
(Reuters) -Australia’s competition regulator said on Thursday it will closely monitor domestic air fares between metropolitan cities after local carrier Regional Express withdrew from the market[...]
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GM’s Cruise recalls nearly 1,200 robotaxis to close US probe
By David Shepardson and Akash Sriram (Reuters) – General Motors’ Cruise unit has agreed to recall nearly 1,200 robotaxis over hard braking issues, the U.S. auto safety regulator said on Th[...]
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