(Reuters) – Meeting Boeing Co and Airbus SE’s planned jet output hikes this year will not be a “slam dunk”…
U.S. household debt jumps to $16.90 trillion
By Lindsay Dunsmuir (Reuters) – U.S. household debt jumped to a record $16.90 trillion from October through December last year,…
WeWork issues glum revenue forecast as tech layoffs hurt
By Kannaki Deka (Reuters) – WeWork Inc on Thursday forecast lower-than-expected revenue for the current quarter, signaling that its business…
Shareholder votes offer check on unjustified CEO pay at S&P 500 companies, study finds
By Ross Kerber (Reuters) – Compensation for S&P 500 chief executives has soared in recent years even as investors cast…
Fund industry says proposed U.S. SEC rules would harm retirement savers
By John McCrank NEW YORK (Reuters) – The mutual fund industry is warning the U.S. Securities and Exchange Commission that…
BlackRock’s president faces climate questions at New York event
NEW YORK (Reuters) – A BlackRock live webcast was interrupted several times on Thursday after questions on BlackRock’s climate change…
Philadelphia Fed manufacturing gauge plunges unexpectedly
(Reuters) – Manufacturing activity in the Mid-Atlantic region dropped off sharply and unexpectedly in February, and goods producers reported input…
U.S. single-family housing starts, building permits tumble in January
WASHINGTON (Reuters) – U.S. single-family homebuilding fell in January, but an easing in mortgage rates and improvement in homebuilder confidence…
Sony chip unit sees limited impact from recent export curbs to China
By Kiyoshi Takenaka and Mayu Sakoda TOKYO (Reuters) – Sony Group Corp’s semiconductor division will likely see a limited impact…
U.S. food benefits for poor to shrink as pandemic provisions end
By Leah Douglas (Reuters) -Low-income Americans will soon receive less in food assistance or completely lose their eligibility for the…