By Michael S. Derby NEW YORK (Reuters) – Philadelphia Federal Reserve President Patrick Harker said on Friday the surprisingly strong…
Lyft shares skid on fears Uber pulling ahead
By Akash Sriram and Aditya Soni (Reuters) -Lyft Inc lost more than a third of its market value on Friday…
U.S. posts $39 billion January deficit after pension fund bailout
By David Lawder WASHINGTON (Reuters) -The U.S. government posted a $39 billion budget deficit for January after a $119 billion…
Adani crisis deepens with Moody’s downgrades and index weighting cuts
By Tanvi Mehta, Scott Murdoch and Rodrigo Campos NEW DELHI/SYDNEY/NEW YORK (Reuters) – Moody’s downgraded on Friday the ratings outlook…
Oil prices rise over 2% on Russian plan to cut output
By Stephanie Kelly NEW YORK (Reuters) -Oil prices rose more than 2% on Friday and posted weekly gains of over…
Exclusive-U.S. lawmakers press Labor Department to probe child labor in Hyundai supply chain
By Mica Rosenberg, Kristina Cooke and Joshua Schneyer NEW YORK (Reuters) -Thirty-three members of Congress are urging the U.S. Labor…
Investor Gerber to run for Tesla board, cites PR and service issues
By Ross Kerber (Reuters) – Well-known Tesla Inc investor Ross Gerber said on Friday he plans to notify the electric…
Revisions show U.S. consumer prices a bit firmer than previously reported
By Lucia Mutikani WASHINGTON (Reuters) – U.S. monthly consumer prices rose in December instead of falling as previously estimated and…
Ford cuts Rivian stake to about 1%
(Reuters) -Ford Motor Co has cut its stake in Rivian Automotive Inc to 1.15%, as part of a plan to…
Boeing 737 MAX plea deal withstands challenge from crash victims’ families
By David Shepardson (Reuters) -A U.S. judge in Texas on Thursday denied a legal bid by families of the victims…