CARACAS (Reuters) – Venezuela’s down-at-the-heel bolivar currency fell to 20 per dollar, according to official data for Wednesday, complicating attempts…
Koch gets $2.5 billion in dividends from unit that offloaded asbestos liability
By Dan Levine and Mike Spector (Reuters) – Industrial conglomerate Koch Industries received nearly $2.5 billion in dividend payments last…
Ark’s Wood remains bullish on Tesla, says oil stock rally ‘defying logic’
By David Randall NEW YORK (Reuters) – Star stock picker Cathie Wood of Ark Invest suggested the rally in energy…
U.S. union membership rate falls to all-time low despite organizing efforts, data shows
By Kanishka Singh WASHINGTON (Reuters) – The United States’ union membership rate, or percentage of wage and salary workers who…
BOJ bullishness on wages suggests days of super-low rates are numbered
By Leika Kihara TOKYO (Reuters) -The Bank of Japan (BOJ) rejected market pressure this week, maintaining ultra-low interest rates, but…
Marketmind: Japanese CPI eyes new high
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Japanese inflation grabs…
U.S. labor market still tight; housing mired in recession
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits unexpectedly fell last week,…
Mexico president says he resolved Canada firms’ concerns in energy dispute
MEXICO CITY (Reuters) – President Andres Manuel Lopez Obrador said on Thursday he had met with representatives of four Canadian…
Capital One scraps 1,100 tech positions – source
(Reuters) – Consumer lending firm Capital One Financial Corp has cut 1,100 positions in its technology segment, a person familiar…
P&G raises sales forecast on price hikes, sees volumes fall
By Jessica DiNapoli and Uday Sampath Kumar (Reuters) – Tide detergent maker Procter & Gamble Co raised its full-year sales…