(Reuters) – JPMorgan Chase & Co, the largest U.S. bank by assets, is expecting a nearly 20% drop in banking…
Mexico’s top diplomat says met with Tesla brass, ‘good news’ imminent
MEXICO CITY (Reuters) – Mexican Foreign Minister Marcelo Ebrard said on Tuesday he met with senior executives from electric automaker…
Fed not yet done on hikes but likely close, Harker says
(Reuters) – The Federal Reserve has not yet finished its round of interest rate hikes to reduce inflation and will…
Pilot Company trims energy trading unit following Buffett takeover
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…