CME Head Duffy Warns New Taxes Threaten Chicago’s Recovery
Few businesses have Chicago roots as deep as the CME Group Inc. — the company has been based
2023-10-06 23:57
Auto workers worry it takes less labor to build electric cars. Maybe not, some researchers say
A traditional car engine is a complex wonder of engineering, with pistons moving up and down, springs compressing and decompressing, spinning shafts, opening and closing valves and spinning gears meshing together. That's not to mention a transmission, connecting the engine to the wheels, that's a complex machine all its own. An electric motor, on the other hand, is really just some magnets wrapped in wires and it only needs a single speed transmission. That simplicity worries the United Auto Workers union.
2023-10-06 21:58
Trend hedge funds come out winners in bond market rout
By Nell Mackenzie LONDON A fresh rout in government bonds has sparked alarm across world markets, battering equities.
2023-10-06 20:28
US Regulators Weigh Penalizing Bankrupt Crypto Lender Voyager’s Ex-CEO
Investigators at a key US regulator have concluded that the co-founder of Voyager Digital Ltd. broke derivatives regulations
2023-10-06 20:25
EV Maker Lucid’s $338,000 Loss Per Car Is Turning Investors Off
The diverging fortunes of the two most prominent electric vehicle startups in the US show Wall Street is
2023-10-06 20:23
Snap Gets Enforcement Notice From UK Watchdog on AI Chatbot
The UK’s Information Commissioner’s Office issued Snap Inc., the maker of the Snapchat app, with a preliminary enforcement
2023-10-06 19:53
Chevron Australia LNG workers back strike threat in second meeting, no talks
By Lewis Jackson (Reuters) -Workers at Chevron's two liquefied natural gas (LNG) facilities in Western Australia voted to restart strikes
2023-10-06 19:49
It's the last day of the largest health care strike in US history
The largest health care strike in US history is now in its third, and final, day.
2023-10-06 18:45
Singapore Sees $77 Billion Digital Economy as Key to More Growth
Singapore’s digital economy has expanded to about $77 billion, or 17.3% of gross domestic product, and should continue
2023-10-06 17:28
Bank Indonesia Set to Hold Key Rate Amid Global Spillovers
Indonesia’s central bank is set to keep interest rates steady to protect the rupiah from the global market
2023-10-06 17:19
World Food Prices Steady at Two-Year Low on Cheaper Oilseeds
Global food prices steadied at the lowest in more than two years as improving supplies of oilseeds and
2023-10-06 17:16
Metro Bank Eyes Selling Part of Mortgage Portfolio to Raise Cash
Metro Bank Holdings Plc is weighing offloading a portion of its mortgage portfolio to rivals as it hastens
2023-10-06 16:59