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…
Burger King owner Restaurant Brands gets new CEO in turnaround boost
By Hilary Russ NEW YORK (Reuters) -Restaurant Brands International Inc on Tuesday named a new chief executive as it accelerates…
Louis Vuitton expected to raise prices as much as 20% in China
SHANGHAI/PARIS (Reuters) – LVMH’s top fashion brand Louis Vuitton is expected to increase prices in China by as much as…
Coca-Cola to push ahead with price hikes as PepsiCo hits pause
By Ananya Mariam Rajesh (Reuters) -Coca-Cola Co said on Tuesday it would raise soda prices further in 2023 to combat…
Exxon tells U.S. labor board refinery lockout did not target union
By Erwin Seba HOUSTON (Reuters) – A 10-month lockout of union workers at an Exxon Mobil refinery was undertaken to…
Judge indicates intention to dismiss J&J talc unit bankruptcy
By Mike Spector (Reuters) -The bankruptcy case filed by Johnson & Johnson’s subsidiary shouldering talc-related lawsuits will soon be dismissed…
U.S. default would cause job, benefits losses, Yellen tells counties
By David Lawder WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen warned county leaders on Tuesday that their residents could…
Boeing delivered 38 jetliners in January, beating Airbus
By Valerie Insinna WASHINGTON (Reuters) – Boeing Co said on Tuesday it had delivered 38 airplanes in January, a modest…