By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks ended with strong gains on Wednesday, led by a jump in the Nasdaq as investors were optimistic ahead of an inflation report that could give the Federal Reserve room to dial back on its aggressive interest rate hikes. The much-anticipated report due on Thursday is projected …
Wall St jumps on optimism before key inflation report Read More »
(Reuters) – Twitter Inc said on Wednesday that there was no evidence that data recently being sold online was obtained by exploiting a vulnerability in the company’s systems. Twitter said the data of 5.4 million of the accounts had been compromised by a bug it discovered early last year, which it previously fixed and disclosed …
Twitter says no evidence new user data leaks were obtained via system bug Read More »
By Helen Coster and Eva Mathews (Reuters) -NBC News appointed New York Times Deputy Managing Editor Rebecca Blumenstein to a newly created role of president of editorial, the broadcaster announced on Wednesday. NBC News President Noah Oppenheim, who led the division since 2017, will depart in a shake-up that includes two other executive appointments. NBC …
New York Times’ Rebecca Blumenstein to join NBC News in news shakeup Read More »
(Reuters) – Citigroup Inc will launch a search for a new head for its wealth management business, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. Jim O’Donnell, global wealth management chief, will become a vice chairman of the bank and the head of senior client engagement, the report said, adding …
Citigroup to launch search for new wealth management chief – WSJ Read More »
By Mike Dolan LONDON (Reuters) – Almost as surprising as the weekend’s shock events in Brasilia was how little world markets appeared to react – showing investors may already be braced for an era of more volatile geopolitics after 2022’s tensions over Russia and China. And yet just a year after most markets dismissed the …
Column-Is Brazil another BRIC in the wall? :Mike Dolan Read More »
MOSCOW (Reuters) – The Kremlin said on Wednesday that it has not yet seen any cases of price caps on Russian oil imposed by the West last month, in comments about possible losses from such measures. Kremlin spokesman Dmitry Peskov also told reporters in a daily briefing that Russia will do everything to protect itself …
Kremlin says it hasn’t seen cases of oil price caps Read More »
By David Shepardson WASHINGTON (Reuters) – More than 90% of U.S. households that own a vehicle would see a reduction in the percentage of income spent on transportation energy and reduce greenhouse gas emissions if they switched to electric vehicles, a new University of Michigan study found. The study found households in some locations could …
Nearly all U.S. households could cut energy cost burden by using EVs -study Read More »
By Erikas Mwisi Kambale BENI, Democratic Republic of Congo (Reuters) – Bottles of beer zip along a conveyor belt in a Brasimba factory which has weathered two deadly Ebola outbreaks and waves of fighting linked to rebel militias active in the nearby forests. After an initial investment of 125 million euros ($134 million), beer output …
Congo beer factory a beacon in region rocked by rebels Read More »
(Reuters) – Wells Fargo said on Tuesday the bank is exiting the Correspondent business and plans to reduce the size of its Servicing portfolio to sharpen its focus towards its mortgage business. (Reporting by Mehnaz Yasmin in Bengaluru; Editing by Krishna Chandra Eluri)
By Jessica DiNapoli and Hilary Russ NEW YORK (Reuters) -Healthy Choice meal maker Conagra Brands Inc has no plans to hike prices further on its snacks and frozen foods beyond the current quarter, its Chief Executive Officer Sean Connolly said in a Reuters Newsmaker interview on Tuesday. Known for its Birds Eye, Chef Boyardee and …
Conagra CEO expects no more price hikes beyond this quarter Read More »
