Category: Reuters

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Fed's Kaplan sees 'upside risk' to inflation forecast

Fed's Kaplan sees 'upside risk' to inflation forecast

Fed's Kaplan sees 'upside risk' to inflation forecast Dallas Federal Reserve Bank President Robert Kaplan speaks during an interview in his office at the bank’s headquarters in Dallas, Texas, U.S. January 9, 2020. REUTERS/ Ann Saphir/File Photo June 24 (Reuters) – Federal Reserve Bank of Dallas President Robert Kaplan said on Thursday he sees “upside...

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Robinhood CEO calls for changes to exchange pricing rules

Robinhood CEO calls for changes to exchange pricing rules

Robinhood CEO calls for changes to exchange pricing rules Vlad Tenev, co-founder and co-CEO of investing app Robinhood, speaks during the TechCrunch Disrupt event in Brooklyn borough of New York, U.S., May 10, 2016. REUTERS/Brendan McDermid NEW YORK, June 24 (Reuters) – U.S. securities rules should be changed to allow stock exchanges to quote bids...

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Banks involved in Archegos meltdown face DOJ probe – Bloomberg Law

Banks involved in Archegos meltdown face DOJ probe – Bloomberg Law

Banks involved in Archegos meltdown face DOJ probe - Bloomberg Law 888 7th Ave, a building that reportedly houses Archegos Capital is pictured amid the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City, New York, U.S., March 29, 2021. REUTERS/Carlo Allegri June 24 (Reuters) – U.S. investigators who focus on corporate...

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Bosch says CEO Denner, Chairman to step down at end of 2021

Bosch says CEO Denner, Chairman to step down at end of 2021

Bosch says CEO Denner, Chairman to step down at end of 2021 FRANKFURT, June 24 (Reuters) – Germany’s Robert Bosch GmbH said Chief Executive Volkmar Denner would step down at the end of the year after about 10 years at the helm to focus on research, and would be succeeded by the head of the...

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Renault-Nissan rejig how they manage Daimler partnership – sources

Renault-Nissan rejig how they manage Daimler partnership – sources

Renault-Nissan rejig how they manage Daimler partnership - sources The logos of car manufacturers Nissan and Renault are pictured at a dealership Kyiv, Ukraine June 25, 2020. REUTERS/Valentyn Ogirenko Alliance-level job in charge of Daimler ties to be scrapped Firms to manage relations with Daimler bilaterally Partnership has not met initial hopes, but still has...

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Apple banks on physical stores as economies reopen, retail chief says

Apple banks on physical stores as economies reopen, retail chief says

Apple banks on physical stores as economies reopen, retail chief says The Apple Inc logo is seen hanging at the entrance to the Apple store on 5th Avenue in Manhattan, New York, U.S., October 16, 2019. REUTERS/Mike Segar/File Photo June 24 (Reuters) – Apple Inc (AAPL.O) is expanding retail operations as the United States emerges...

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Fed officials say employment is down significantly, businesses reluctant to hire

Fed officials say employment is down significantly, businesses reluctant to hire

Fed officials say employment is down significantly, businesses reluctant to hire Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S., March 19, 2019. REUTERS/Leah Millis June 24 (Reuters) – The U.S. economy is rebounding rapidly from last year’s decline, but much improvement is needed in the labor market, two Federal Reserve officials...

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Investigators defend landmark Toshiba report, say stonewalled by Japan official

Investigators defend landmark Toshiba report, say stonewalled by Japan official

Investigators defend landmark Toshiba report, say stonewalled by Japan official The logo of Toshiba Corp. is seen at the company’s facility in Kawasaki, Japan February 13, 2017. REUTERS/Issei Kato TOKYO, June 24 (Reuters) – The investigators who revealed Toshiba Corp (6502.T) colluded with Japan’s trade ministry to pressure foreign shareholders defended the integrity of their...

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Carnival posts $2 billion in loss on prolonged cruise suspension

Carnival posts $2 billion in loss on prolonged cruise suspension

Carnival posts $2 billion in loss on prolonged cruise suspension Arnold Donald, CEO of Carnival Corp. takes the stage to deliver his keynote address at CES in Las Vegas, U.S., January 5, 2017. REUTERS/Rick Wilking June 24 (Reuters) – Carnival Corp (CCL.N) reported a quarterly loss of about $2 billion on Thursday, as the prolonged...