(Reuters) – Federal Reserve Chair Jerome Powell on Wednesday said the U.S. central bank should use a “risk management” approach…
Fed’s Cook says time nearing to increase rates in smaller steps
By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Governor Lisa Cook said on Wednesday it could soon be time…
EU warns Musk that Twitter faces ban over content moderation -FT
(Reuters) – The European Union has threatened Elon Musk’s Twitter with a ban unless the billionaire abides by its strict…
Exclusive-General Electric, L3Harris among suitors vying for Aerojet -sources
By Mike Stone and David Carnevali (Reuters) – Industrial conglomerate General Electric Co and defense contractor L3Harris Technologies Inc are…
France’s Atos picks AWS as preferred partner for shift to cloud
By Mathieu Rosemain and Olivier Sorgho (Reuters) -French IT consulting firm Atos is making Amazon.com’s cloud services division its preferred…
Hedge fund Engine Capital urges Univar to consider sale, other options
(Reuters) -U.S. hedge fund Engine Capital on Wednesday urged Univar Solutions Inc to consider a sale or other strategic options,…
GM’s Cruise plans to enter ‘a large number of markets’ in 2023
By Joseph White DETROIT (Reuters) – Cruise, General Motors Co’s robotaxi unit, plans to enter a “large number of markets”…
BlackRock backs banks, cuts European, EM debt as part of ‘new playbook’
By Davide Barbuscia and Marc Jones NEW YORK (Reuters) -Asset manager BlackRock has said 2023 will require a new investment…
U.S. Treasury Yellen: Twitter should be held to certain standards for content
By David Lawder NEW YORK (Reuters) – U.S. Treasury Secretary Janet Yellen on Wednesday said social media company Twitter should…
Job openings data shows modest progress for Fed’s labor market hopes
By Howard Schneider WASHINGTON (Reuters) – U.S. job openings edged lower in October, moving one closely-watched measure of the labor…