By Gabriel Araujo SAO PAULO (Reuters) -Brazilian retailer Americanas SA owes a variety of creditors around $8 billion, a Rio…
IBM cuts 3,900 jobs, misses annual cash target
By Chavi Mehta (Reuters) – IBM Corp on Wednesday announced 3,900 layoffs as part of some asset divestments and missed…
Levi Strauss gives upbeat 2023 sales outlook as demand holds up
By Deborah Mary Sophia and Katherine Masters (Reuters) -Levi Strauss & Co forecast annual sales above Wall Street estimates on…
Biden administration officials tout EVs at DC auto show
By David Shepardson WASHINGTON (Reuters) – Two senior Biden administration officials got behind the wheel of new electric vehicles (EV)…
Congressional Budget Office to issue debt limit, budget forecasts on Feb. 15
By David Lawder WASHINGTON (Reuters) – The Congressional Budget Office (CBO) said on Wednesday that it plans to release its…
Exclusive-Dutch officials headed to Washington to talk controls on chipmaking gear – sources
By Michael Martina (Reuters) – Dutch and U.S. officials will meet in Washington on Friday to discuss potential new controls…
U.S. safety board chair rebukes Ethiopia over Boeing 737 MAX report
By David Shepardson WASHINGTON (Reuters) -The U.S. National Transportation Safety Board (NTSB) has faulted Ethiopia’s final report into the March…
Stocks slide as corporate results spur recession fears
By Herbert Lash NEW YORK (Reuters) -Global equity markets skidded on Wednesday as poor corporate results fueled recession fears, as…
Relatives of 737 MAX crash victims seek monitor for Boeing after plea deal
By David Shepardson (Reuters) -Relatives of people killed in two fatal 737 MAX crashes asked a U.S. judge on Wednesday…
Natural disasters caused $313 billion economic loss in 2022 – Aon
(Reuters) – Natural disasters, many driven by climate change, caused global economic losses of $313 billion in 2022, insurance broker…