By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of New York President John Williams said on Thursday…
Fed to deliver two 25-basis-point hikes in Q1, followed by long pause: Reuters poll
By Prerana Bhat BENGALURU (Reuters) – The U.S. Federal Reserve will end its tightening cycle after a 25-basis-point hike at…
Rating agencies expect U.S. debt ceiling agreement despite gridlock risks
By Davide Barbuscia NEW YORK (Reuters) -Rating agencies Moody’s and Fitch expect the U.S. Congress will likely reach an agreement…
Proterra to cut jobs, merge electric bus and battery production in South Carolina
(Reuters) – Proterra Inc said on Thursday it plans to cut more jobs and combine electric bus and battery production…
Tesla’s Gruenheide plant should ramp up output – local minister
By Victoria Waldersee HALLE, Germany (Reuters) – Tesla’s German Gruenheide plant still has some ramping up to do, the economy…
Crypto firm Nexo Capital agrees to pay $45 million to settle U.S. SEC, state charges
By Chris Prentice NEW YORK (Reuters) -Nexo Capital Inc has agreed to pay $45 million in penalties to settle charges…
Davos 2023-Meta sees promise in generative AI, including for Instagram filters
DAVOS, Switzerland (Reuters) – Generative artificial intelligence, the umbrella technology behind the popular chatbot ChatGPT, has interesting applications for social…
Comply with EU rules or face ban, Breton tells TikTok CEO
By Supantha Mukherjee STOCKHOLM (Reuters) – Chinese social media company TikTok could face a ban in the European Union if…
Stocks fall, yields up; economic slowdown worries mount
By Caroline Valetkevitch NEW YORK (Reuters) – World stocks fell on Thursday and U.S. benchmark 10-year Treasury yields bounced up…
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…