By Hyunjoo Jin and Akash Sriram SAN FRANCISCO (Reuters) -Elon Musk is not entirely abandoning California, saying on Wednesday that…
Factbox-Who could replace World Bank President David Malpass?
By Andrea Shalal, David Lawder and Valerie Volcovici WASHINGTON (Reuters) – The World Bank on Wednesday said it expects to…
CME to launch nickel contract using prices from new platform -sources
By Pratima Desai LONDON (Reuters) -CME Group plans to launch a nickel contract, settled with prices gathered from a platform…
Norfolk Southern CEO apologizes to Ohio townspeople, vows to ‘do what’s right’
(Reuters) -Norfolk Southern will take responsibility for cleaning up the environmental damage from this month’s train derailment and controlled detonation…
Third Point’s Loeb plans proxy contest at Bath & Body Works
By Svea Herbst-Bayliss NEW YORK (Reuters) -Billionaire investor Daniel Loeb told retailer Bath & Body Works on Wednesday that his…
Global shares, U.S. Treasury yields fall; Fed minutes called ‘outdated’
By Chibuike Oguh NEW YORK (Reuters) -Global equities and U.S. Treasury yields were lower on Wednesday as recent strong economic…
With inflation still the focus, Fed minutes show openness to higher rates endgame
By Howard Schneider and Michael S. Derby WASHINGTON (Reuters) -Nearly all Federal Reserve policymakers rallied behind a decision to further…
S&P ends down as Fed minutes fail to halt losing run
By David French (Reuters) – The S&P 500 extended its losing streak to four sessions as Wall Street ended broadly…
Starbucks offers a dash of olive oil with its coffee in Italy
MILAN (Reuters) – Starbucks has launched a new drink that mixes coffee with olive oil, offering it initially in Italy…
U.S. stocks’ early-year rally is melting away as Treasury yields surge
By David Randall NEW YORK (Reuters) – Cracks are widening in an early-year rally in stocks, as rising Treasury yields…