Join now for FREE unlimited access to Reuters.com Register Increases deposit rate to 0.75% from zero Eurozone inflation uncomfortably high and rising New ECB forecasts show higher inflation and weaker growth Other rate hikes reported Lagarde will speak at 12:45 GMT FRANKFURT, Sept 8 (Reuters) – The European Central Bank raised key rates by a … Read more
The Truth social network logo is displayed behind a woman holding a smartphone in this illustration taken February 21, 2022. REUTERS/Dado Ruvic/Illustration Join now for FREE unlimited access to Reuters.com Register Sep 6 (Reuters) – The blank check acquisition firm that agreed to merge with former U.S. President Donald Trump’s social media company failed on … Read more
The Truth social network logo is seen on a smartphone in front of a screen of former US President Donald Trump in this illustration taken February 21, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Join now for FREE unlimited access to Reuters.com Register Sep 5 (Reuters) – The blank check acquisition firm that agreed to merge with Donald … Read more
Join now for FREE unlimited access to Reuters.com Register Aug 31 (Reuters) – Bed Bath & Beyond Inc (BBBY.O) On Wednesday, it announced it had signed deals for more than $500 million in new funding and would close 150 stores, cut jobs and revamp its merchandising strategy in a bid to turn around its loss-making … Read more
TOKYO/WASHINGTON, Aug 29 (Reuters) – Japanese Honda Motor Co. (7267.T) will build a new $4.4 billion lithium-ion battery factory for electric vehicles in the United States with Korean battery supplier LG Energy Solution Ltd (373220.KS)the two companies announced on Monday. Battery makers are looking to ramp up production in the United States, where a shift … Read more
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August 15, 2022. REUTERS/Brendan McDermid/File Photo Join now for FREE unlimited access to Reuters.com Register Fed will continue to tighten until inflation is under control – Powell Core PCE rises 0.1% in July compared to a rise of 0.6% … Read more
WASHINGTON, Aug 24 (Reuters) – President Joe Biden said on Wednesday the U.S. government would forgive $10,000 in student loans to millions of indebted former students, fulfilling a promise he made during the 2020 campaign to the White House. The move could bolster support for his fellow Democrats in November’s congressional elections, but some economists … Read more
August 23 (Reuters) – Twitter Inc. (TWTR.N) misled federal regulators about its defenses against hackers and spam accounts, the social media company’s former security chief Peiter Zatko said in a whistleblower complaint. In an 84-page complaint, Zatko, a famous hacker widely known as “Mudge”, alleged that Twitter falsely claimed it had a strong security plan, … Read more
KUALA LUMPUR, Aug 23 (Reuters) – After playing golf with U.S. Presidents Donald Trump and Barack Obama, former Malaysian Prime Minister Najib Razak now counts convicted murderers and drug traffickers among his neighbors. The Federal Court on Tuesday ordered Najib to begin a 12-year prison sentence after upholding a conviction on charges related to a … Read more
WILMINGTON, Delaware, Aug 22 (Reuters) – Billionaire entrepreneur Elon Musk is seeking documents from Twitter Inc.(TWTR.N) Co-founder Jack Dorsey as CEO of Tesla and SpaceX is continuing his legal fight to back out of his $44 billion deal for the social media company, according to a court filing. Dorsey, who resigned as Twitter’s chief executive … Read more
