Fed's Kashkari says tight monetary policy may be needed for 'extended' time
By Ann Saphir An extended period of high interest rates and an inverted yield curve could put more
1970-01-01 08:00
Citgo posts $937 million first quarter profit on strong margins
HOUSTON Refiner Citgo Petroleum Corp has reported first quarter net profit of $937 million on strong motor fuel
1970-01-01 08:00
Peloton recalls 2.2 million exercise bikes over seat issue
(Reuters) -Peloton Interactive Inc will recall 2.2 million exercise bikes due to the risk of injuries from a seat-related issue,
1970-01-01 08:00
Activist investor Elliott pushes for changes at Goodyear, shares jump
By Svea Herbst-Bayliss (Reuters) -Activist investor Elliott Investment Management L.P. disclosed a large investment in Goodyear Rubber & Tire Co
1970-01-01 08:00
In major climate step, EPA proposes 1st limits on greenhouse gas emissions from power plants
The Biden administration is proposing new limits on greenhouse gas emissions from coal- and gas-fired power plants, its most ambitious effort yet to reduce planet-warming pollution from the nation’s second-largest contributor to climate change
1970-01-01 08:00
Peloton is recalling 2 million bikes because seats could break in the middle of a ride
Peloton is recalling 2 million bikes because of a safety hazard caused by the adjustable seat that could break during use and injure the rider.
1970-01-01 08:00
Peloton backpedals to near record low after bike recall
NEW YORK Shares of Peloton Interactive tumbled 6.0% in early trading and hit a more than six-month low
1970-01-01 08:00
Norfolk Southern unveils compensation plans for homeowners near derailment site
Norfolk Southern is spelling out how it will compensate East Palestine, Ohio, homeowners whose homes lost value due to the railroad's February derailment.
1970-01-01 08:00
Czech government proposes measures to keep ballooning deficit under control
Czech citizens will likely pay more for beer and medicine while businesses will face higher corporate taxes as part of a government package of dozens of measures designed to keep the ballooning budget deficit under control
1970-01-01 08:00
PacWest Bank shares fall 30% as crisis prompts customers to yank deposits
Shares of PacWest Bancorp fell 30% and were halted for volatility Thursday morning after the regional bank reported that customers had recently drawn down about 9.5% of total deposits.
1970-01-01 08:00
Indian government's e-commerce network ONDC expands into 236 cities, CEO says
By Manoj Kumar NEW DELHI The Indian government's open e-commerce network ONDC has expanded its operations into 236
1970-01-01 08:00
GM Envolve takes direct aim at Ford's fleet business
With a new business unit introduced Wednesday, General Motors is taking direct aim at Ford Motor Co.'s lucrative fleet business. GM Envolve will work closely with large business and government fleet customers to tie them more closely to GM's other businesses.
1970-01-01 08:00