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Aviva Crosses Inflationary Headwinds to Growth: The London Rush
Aviva Crosses Inflationary Headwinds to Growth: The London Rush
It seems like inflationary pressures may take longer to dissipate, judging from the latest consumer price figures this
2023-08-16 15:23
Broadcom to lay off 1,300 VMware employees following takeover
Broadcom to lay off 1,300 VMware employees following takeover
Chipmaker Broadcom will lay off about 1,300 VMware employees in California following its acquisition of the cloud-computing firm,
2023-12-01 07:46
China criticizes German call for reducing dependency on Chinese products as 'protectionism'
China criticizes German call for reducing dependency on Chinese products as 'protectionism'
China has criticized a German government call for reducing dependency on Chinese products as a form of protectionism
2023-07-14 19:50
Analysis-Bruised Treasury bulls see glimmer of hope after Fed meeting, smaller issuance
Analysis-Bruised Treasury bulls see glimmer of hope after Fed meeting, smaller issuance
By Davide Barbuscia and David Randall NEW YORK Wall Street's bond investors received a much-needed shot in the
2023-11-02 13:24
Tennessee company refuses US request to recall 67 million potentially dangerous air bag inflators
Tennessee company refuses US request to recall 67 million potentially dangerous air bag inflators
A Tennessee company is heading for a legal battle with U.S. auto safety regulators after refusing a request to recall millions of potentially dangerous air bag inflators
2023-05-13 06:18
Take Five: Skip, stop or go?
Take Five: Skip, stop or go?
It's a week of the central bank heavies with the U.S. Federal Reserve, European Central Bank and Bank
2023-06-09 14:45
Enterprise Products doubles down on gas liquids with pipelines, processing plants
Enterprise Products doubles down on gas liquids with pipelines, processing plants
By Arathy Somasekhar HOUSTON Energy pipeline operator Enterprise Products Partners will expand its natural gas liquids (NGLs) operations,
2023-11-01 00:17
Wisconsin governor seals 400 years of public school funding increases with budget veto
Wisconsin governor seals 400 years of public school funding increases with budget veto
Wisconsin Gov Tony Evers, a Democrat, used his line-item veto power to enact a state budget that increases spending for public schools for the next 400 years, The Milwaukee Journal Sentinel reported. Mr Evers used the broad powers given to Wisconsin governors to strike a hyphen and the “20” from a reference to the 2024-2025 school year. The line-item veto will make sure that the limits that the state imposes on school districts on how much they are allowed to raise per student will increase by $325 until 2425. The line-item veto will table debates between the two parties during the budget-writing season. Republicans control the state legislature in Wisconsin. Mr Evers said that the move would “provide school districts with predictable long-term increases for the foreseeable future.” Mr Evers also used his line-item veto to nullify much of Republicans’ proposed $3.5m tax cut that would have mostly slashed taxes on the state’s wealthiest residents. But Robin Vos, the speaker of the state House, decried the move. “Legislative Republicans worked tirelessly over the last few months to block Governor Evers’ liberal tax and spending agenda. Unfortunately, because of his powerful veto authority, he reinstated some of it today,” he said in a statement. Dan Rossmiller, who represents the Wisconsin Association of School Boards, said that while the permanent annual funding was “certainly appreciated,” the additional funding could vary depending on the school district and that the rate might not meet or exceed inflation rates in some districts. “I wish the amount would have been higher,” he said. “With inflation at 40-year highs, it's really important to be able to attract and retain teachers and staff, and to be able to pay the increased costs of everything in a school district's budget.” Republicans likely could not override Mr Evers’s action since they lack a veto-proof majority in the state legislature. Read More Watch live: Trump aide Walt Nauta attends court on charges related to classified documents DeSantis doubles down on ‘homophobic’ anti-Trump ad: ‘Totally fair game’
2023-07-06 23:23
Cyberattack keeps hospitals' computers offline for weeks
Cyberattack keeps hospitals' computers offline for weeks
Key computer systems at hospitals and clinics in several states have yet to be turned back on more than two weeks after a cyberattack forced some emergency room shutdowns and ambulance diversions
2023-08-19 04:24
Jim Jordan Will Seek Third Floor Vote on US House Speaker Bid
Jim Jordan Will Seek Third Floor Vote on US House Speaker Bid
Republican Jim Jordan said Thursday he will seek a third floor vote on his bid to become US
2023-10-20 03:53
Here Are Argentina’s Assets to Watch Before Key Primary Vote
Here Are Argentina’s Assets to Watch Before Key Primary Vote
Argentines will head to the polls in a nationwide primary election on Sunday, with traders watching closely for
2023-08-11 02:55
Canada's Cenovus Energy shuts down some production due to Alberta wildfire
Canada's Cenovus Energy shuts down some production due to Alberta wildfire
Canada's Cenovus Energy Inc said on Monday it has shut down production plants in some areas of its
2023-05-09 06:49