By Miguel Lo Bianco and Noelle Harff BUENOS AIRES (Reuters) -Argentines say they are yet to feel the benefits of cooling inflation, as a five-month streak of slowing prices ended when official data on[...]
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July 12, 2024
Wall Street closes higher on bets for Fed rate cut
By Noel Randewich and Medha Singh (Reuters) -Wall Street closed higher on Friday, with the S&P 500 and Dow Jones Industrial Average hitting intraday record highs, on bets that the U.S. Federal Res[...]
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US FTC issues warning to franchisors over unfair business practices
By Waylon Cunningham (Reuters) – A U.S. trade regulator on Friday announced a suite of actions taking aim at “unfair and deceptive practices” it said are illegally imposed on U.S. fr[...]
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Auto workers union chief blasts Trump, praises Biden without using his name
By Allende Miglietta BALTIMORE (Reuters) – United Auto Workers President Shawn Fain on Friday criticized Donald Trump’s U.S. presidential candidacy and praised President Joe Biden without[...]
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Hyundai Motor’s South Korea union approves wage deal, union says
SEOUL (Reuters) – Hyundai Motor and a union representing its South Korean workforce on Saturday sealed a wage deal that will boost annual pay by about 4.65%, the union said, avoiding a strike in[...]
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Gabelli asks Paramount for details on National Amusements valuation
By Dawn Chmielewski (Reuters) – Billionaire investor Mario Gabelli’s investment firm is seeking more details about the valuation of National Amusements assets, the investor told Reuters on[...]
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Lundin Mining, BHP weighing joint bid for copper miner Filo Corp, sources say
By Clara Denina and Anirban Sen TORONTO/NEW YORK (Reuters) -Canada’s Lundin Mining Corp and mining giant BHP Group are weighing a potential joint bid for Filo Corp, people familiar with the matt[...]
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First Republic ex-employees’ lawsuit against US FDIC is dismissed
By Jonathan Stempel (Reuters) – A federal judge in California dismissed a lawsuit accusing the Federal Deposit Insurance Corp (FDIC) of improperly blocking nearly 170 former employees of the fai[...]
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Dollar falls vs. yen, global stock index up, with focus on rate cuts
By Sinéad Carew and Naomi Rovnick NEW YORK/LONDON (Reuters) -The dollar fell sharply against the yen for the second straight day, raising questions as to whether Japan was intervening, while a global[...]
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