By Laura Sanicola and Arathy Somasekhar (Reuters) – U.S. fuel retailer Pilot Company is trimming its energy trading operation, following…
Hyundai, Kia offer software upgrade to 8.3 million U.S. vehicles to prevent thefts
By David Shepardson WASHINGTON (Reuters) – Hyundai Motor and Kia Corp will offer software upgrades to 8.3 million U.S. vehicles…
Sandwich chain Subway to explore sale
(Reuters) -Subway said on Tuesday it was exploring a possible sale of its business as the sandwich chain faces surging…
Microsoft to defend Activision deal at EU hearing on Feb. 21
By Foo Yun Chee BRUSSELS (Reuters) – Microsoft will make a last-ditch effort to defend its $69 billion bid for…
Yellen says counties should use COVID funds for housing, job training
WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen on Tuesday called on counties, cities and states to focus their remaining…
Saudi Arabia’s PIF says U.S. stocks value falls nearly $6 billion in fourth quarter
By Yousef Saba DUBAI (Reuters) – Saudi Arabia’s sovereign Public Investment Fund held $30.9 billion worth of U.S. stocks at…
Fed not yet done on hikes but likely close – Harker
(Reuters) – The Federal Reserve has not yet finished its round of interest rate hikes to reduce inflation but it…
Markets ride $1 trillion global liquidity wave: McGeever
By Jamie McGeever ORLANDO, Fla. (Reuters) -The explanation for the whoosh higher in risk assets this year may be as…
Fed must be ready to hike rates for longer than now expected, Logan says
(Reuters) – The U.S. central bank will need to keep gradually raising interest rates to beat inflation, Dallas Federal Reserve…
Aerospace engine makers work with European regulators after delays in U.S. rules
By Allison Lampert (Reuters) – Aerospace companies are pushing U.S. regulators to simplify domestic rulemaking, after delays led the country’s…