Day: October 25, 2023

Chinese firms to invest nearly $1 billion in northern Mexico -state officials

• Business

Chinese firms to invest nearly $1 billion in northern Mexico -state officials

Reuters October 25, 2023

((This Oct. 18 story has been corrected to remove references to Hesai Technology after the Nuevo Leon...

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US Fed proposes shrinking fees banks charge on debit card transactions

• Business

US Fed proposes shrinking fees banks charge on debit card transactions

Reuters October 25, 2023

By Pete Schroeder and Siddharth Cavale WASHINGTON (Reuters) -The U.S. Federal Reserve on Wednesday proposed slashing by...

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FedEx says U.S. Express service disrupted, blames FAA IT outage overnight

• Business

FedEx says U.S. Express service disrupted, blames FAA IT outage overnight

Reuters October 25, 2023

LOS ANGELES (Reuters) -FedEx Corp on Wednesday said its U.S. Express deliveries could be delayed due to...

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Stocks struggle as soft earnings compound interest rate headache

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Stocks struggle as soft earnings compound interest rate headache

Reuters October 25, 2023

By Lawrence Delevingne (Reuters) -Stocks slipped on Wednesday after the latest round of earnings prompted concern among...

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Alphabet shares sink as Microsoft extends cloud lead with focus on OpenAI

• Business

Alphabet shares sink as Microsoft extends cloud lead with focus on OpenAI

Reuters October 25, 2023

By Aditya Soni and Krystal Hu (Reuters) -Alphabet shares slumped on Wednesday after its cloud unit’s growth...

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Weight-loss drugs driving hedge fund consumer stock flows -Goldman Sachs

• Money

Weight-loss drugs driving hedge fund consumer stock flows -Goldman Sachs

Reuters October 25, 2023

By Carolina Mandl NEW YORK (Reuters) -Hedge funds have been buying consumer staple stocks in Europe in...

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Meta’s Instagram linked to depression, anxiety, insomnia in kids – US states’ lawsuit

• Business

Meta’s Instagram linked to depression, anxiety, insomnia in kids – US states’ lawsuit

Reuters October 25, 2023

By Jonathan Stempel, Diane Bartz and Nate Raymond (Reuters) – Dozens of U.S. states are suing Meta...

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U.S. will extend EU metals tariff exemption if needed -envoy

• Business

U.S. will extend EU metals tariff exemption if needed -envoy

Reuters October 25, 2023

BRUSSELS (Reuters) – The United States will roll over its suspension of tariffs on European Union steel...

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Tesla aware of Autopilot steering malfunction before fatal crash -lawyer

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Tesla aware of Autopilot steering malfunction before fatal crash -lawyer

Reuters October 25, 2023

By Dan Levine and Hyunjoo Jin (Reuters) – An attorney suing Tesla over a fatal accident cited...

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