By David Shepardson WASHINGTON (Reuters) -The Federal Communications Commission (FCC) plans to create a new space bureau to address the…
Wealthy families are migrating to the U.S. South and UBS is following them
By Lananh Nguyen NEW YORK (Reuters) – UBS is reshuffling its U.S. wealth leadership to focus on southern states that…
U.S. labor market unwavering despite stiff interest rates hikes
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits unexpectedly fell last week,…
U.S. awards emergency reserve oil contracts to six cos, including Phillips 66, Shell
WASHINGTON (Reuters) – The U.S. Department of Energy on Thursday said six companies had been awarded contracts for the latest…
Boeing’s first crewed Starliner spaceflight slips to April 2023
WASHINGTON (Reuters) – Boeing’s first Starliner capsule mission carrying humans has slipped from February to April 2023 as the company…
Europe – the warning light flashing on carmakers’ dashboards
By Nick Carey (Reuters) – Carmakers BMW and Stellantis on Thursday expressed concerns about Europe’s economic outlook, joining a chorus…
EV maker Nikola to miss annual delivery target for semi-trucks
(Reuters) -EV maker Nikola Corp said it will miss its goal of delivering at least 300 semi-trucks this year and…
Markets expect Fed to lift policy rate above 5% by March
(Reuters) – The Federal Reserve will take its benchmark policy rate above 5% by March and keep it there for…
Under Armour cuts forecasts on weak demand, higher discounts
(Reuters) -Under Armour Inc cut its annual revenue and profit forecasts on Thursday amid weakening demand for sporting goods and…
U.S. factory orders rise moderately in September
WASHINGTON (Reuters) – New orders for U.S.-manufactured goods increased moderately in September as a surge in bookings for civilian aircraft…