By Joseph White DETROIT (Reuters) – Tesla Inc and established luxury automakers are frustrating consumers with advanced driving assistance technology…
Fed releases 2023 stress test scenarios for banks, including extra new shock for big firms
By Pete Schroeder WASHINGTON (Reuters) – The U.S. Federal Reserve on Thursday released the hypothetical economic strains they will use…
Stocks, dollar slip as rate hike fears unsettle investors
By Herbert Lash and Huw Jones NEW YORK/LONDON (Reuters) – The dollar slid and a global equity rally lost steam…
Exxon to merge some business units as part of cost-cutting plan
By Sabrina Valle and Mrinalika Roy (Reuters) -Exxon Mobil Corp said on Thursday it is merging some business units as…
Exclusive-Black Knight to shed unit in bid to save $13 billion sale to ICE -sources
By David French (Reuters) – Mortgage data vendor Black Knight Inc has decided to put its Empower loan origination software…
U.S. dollar falters as Fed outlook weighs; focus on next week’s inflation data
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S. dollar fell across the board on Thursday, moving in line with…
Disney to cut 7,000 jobs in major revamp by CEO Iger
By Dawn Chmielewski and Lisa Richwine LOS ANGELES (Reuters) – Walt Disney Co on Wednesday announced a sweeping restructuring under…
Banxico boosts rate more-than-expected, signals smaller hikes ahead
By Brendan O’Boyle and Anthony Esposito MEXICO CITY (Reuters) -The Bank of Mexico’s five-member governing board unanimously voted to increase…
Apollo Global’s Q4 earnings rise 77% but miss estimates
(Repeats with no changes to text) By Chibuike Oguh NEW YORK (Reuters) -Apollo Global Management Inc said on Thursday its…
Oil falls as earthquake impact on crude eases, rate hike fears rise
By Laila Kearney NEW YORK (Reuters) -Crude prices eased on Thursday as oil infrastructure appeared to have escaped serious damage…