By Laila Kearney, Liz Hampton and Arathy Somasekhar NEW YORK/DENVER/HOUSTON (Reuters) – U.S. shale oil drillers turned from scrappy wildcatters…
Yellen sees key role for Treasury’s racial equity council despite Republican criticism
By Andrea Shalal WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen on Monday said a new racial equity advisory committee,…
Wall St slides as services data spooks investors about Fed rate hikes
By David French (Reuters) – U.S. markets ended Monday lower, as investors spooked by better-than-expected data from the services sector…
Italy urges EU subsidy package in response to U.S. IRA scheme
ROME (Reuters) – Italian Economy Minister Giancarlo Giorgetti on Monday called for a common European Union approach to support competitiveness…
UK consumer spending fails to keep pace with inflation: surveys
LONDON (Reuters) – British consumer spending ticked up last month at a rate that greatly lagged behind inflation, according to…
U.S. services industry regains steam; factory orders accelerate
By Lucia Mutikani WASHINGTON (Reuters) – U.S. services industry activity unexpectedly picked up in November, with employment rebounding, offering more…
U.S. railroad investor resolutions urge paid sick leave for workers
By Ross Kerber (Reuters) – Investors have proposed shareholder resolutions at two U.S. railroads calling for paid sick leave for…
ISS recommends one of Land & Buildings’ director nominees at Apartment Investment and Management Co
By Svea Herbst-Bayliss NEW YORK (Reuters) -Proxy adviser Institutional Shareholder Services (ISS) on Monday recommended that Apartment Investment and Management…
India’s Oyo lays off 600 employees as part of ‘wide ranging’ reorganisation
(This Dec. 3 story has been refiled to correct spelling error in first paragraph) By Rhea Binoy (Reuters) – Softbank-backed…
TuSimple, Navistar scrap deal to develop self-driving trucks
(Reuters) – TuSimple Holdings Inc and Navistar have ended a deal to co-develop self-driving trucks, the companies announced on Monday.…