WASHINGTON (Reuters) – A group of 200 U.S. lawmakers on Wednesday said they have agreed not to intervene in the case workers at UPS go on strike. The world’s biggest package delivery firm[...]
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Tesla to hand over Musk’s emails to JPMorgan in lawsuit over 2018 tweet
By Luc Cohen NEW YORK (Reuters) – JPMorgan Chase will get to review some of Elon Musk’s emails as it pursues a lawsuit against Tesla over a bond contract dispute that arose after Musk twee[...]
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US single-family starts drop; building permits hit 12-month high
By Lucia Mutikani WASHINGTON (Reuters) – U.S. single-family homebuilding fell in June, but permits for future construction rose to a 12-month high as a severe shortage of previously owned houses[...]
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Analysis-Fintech lenders tighten lending standards, bolstering debt financing
By Hannah Lang and Matt Tracy (Reuters) – U.S. financial technology companies are tightening their lending standards, a move that has bolstered their access to debt financing from Wall Street in[...]
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Bain Capital raises $1.15 billion for first fund dedicated to insurance investments
By David French (Reuters) – Bain Capital has raised $1.15 billion for its first fund dedicated to investing in the insurance industry, as the private equity firm aims to create and invest in com[...]
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Copper miners squeezed by lower prices, higher labor costs
By Arshreet Singh (Reuters) – Major North American copper miners are likely to report a fall in second-quarter profits, as global growth concerns dented realized prices for the red metal and lab[...]
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Halliburton, Baker Hughes warn of North America weakness; profits beat estimates
By Arathy Somasekhar and Arunima Kumar (Reuters) -Halliburton Co and Baker Hughes Co on Wednesday reported results that beat analysts’ estimates for second-quarter profit, but the oilfield servi[...]
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Strong US apartment construction suggests slide in rental costs
By Safiyah Riddle (Reuters) – A surge in U.S. rental home construction could soften rent prices in the months ahead, a much-awaited milestone in the Federal Reserve’s effort to tame inflat[...]
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Tesla to expand Europe’s biggest car plant, cell production
By Victoria Waldersee BERLIN (Reuters) -Tesla is planning sweeping changes to its factory near Berlin, including extensions to its battery cell production, indicating ramp-up plans remain underway des[...]
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