(Reuters) -Electric carmaker Tesla Inc on Wednesday reported lower support than usual for two directors at its recent shareholder meeting, and greater support for a call to review the company’s use of mandatory arbitration after a court decision in favor of a temporary employee who accused Tesla of racial discrimination.FILE PHOTO: The TESLA logo is seen outside a dealership in […]
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Federal Reserve Board Governor Lael Brainard speaks at the John F. Kennedy School of Government at Harvard University in Cambridge, Massachusetts, U.S., March 1, 2017. REUTERS/Brian Snyder/Files(Reuters) – Federal Reserve Governor Lael Brainard said Wednesday that U.S. financial regulators will seek to improve Native American communities’ access to credit. “We will continue to focus on and seek feedback on how […]
Read moreWASHINGTON, Oct 13 (Reuters) – International Monetary Fund Managing Director Kristalina Georgieva on Wednesday said she expects advanced economies to reach their target of shifting $100 billion of $650 billion in newly created emergency reserves to countries in need. Georgieva said she was encouraged by the IMF executive board’s consideration of a new Resilience and Sustainability Trust that would allow […]
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(Reuters) – London’s FTSE 100 index fell on Wednesday as signs of economic growth bolstered early rate hike bets, although gains in homebuilder stocks led by strong earnings in Barratt Developments helped limit losses.FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. REUTERS/Toby Melville/File PhotoHomebuilders jumped 3%, their highest intraday […]
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As energy prices race higher, risks to the economic recovery are rising and growth could be slower than forecast. Economists say the energy surge is still far from the kind of "oil shock" that could trigger a recession, but the trend is troubling and much higher prices could spook consumers and slow spending. A perfect storm of energy shortages and […]
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The major stock indexes made a move higher as the noon hour began on Tuesday, but the move didn’t have legs. Sort of like Monday’s action. There’s not been much in the way of new news: 10-year Treasury yields are flat at 1.60%, crude oil is up only slightly after hitting an intra-day high of around $81.50 earlier in the […]
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SYDNEY (Reuters) – New South Wales could ease more restrictions in Sydney a week earlier than planned on Oct. 18 as Australia’s most populous state races towards its 80% double-dose vaccination target, the government said on Wednesday.Slideshow ( 2 images )The southeastern state is expected to hit the mark over the weekend, beating forecasts, and officials previously promised to relax […]
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New York (CNN Business)The Duke and Duchess of Sussex continue to expand their business empire. Prince Harry and Meghan Markle are partnering with a firm that helps create portfolios focused on sustainable investments. Harry and Meghan are working with Ethic, a five-year-old firm that promotes investing in companies with good environmental, social and governance (ESG) track records. Ethic confirmed the […]
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(Reuters) -CureVac NV said on Tuesday it will give up on its first-generation COVID-19 vaccine candidate and instead focus on collaborating with GSK to develop improved mRNA vaccine technology.FILE PHOTO: A volunteer receives a dose of CureVac vaccine or a placebo during a study by the German biotech firm CureVac as part of a testing for a new vaccine against […]
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