Article content April inflation data were “hot” but do not yet require the Federal Reserve to switch to three-quarter point rate increases, St. Louis Fed president James Bullard said on Wednesday. The Fed’s plans for half point increases are “a good benchmark for now,” Bullard said on Yahoo Finance. Large increases are “not my base […]
Article content WASHINGTON — The U.S. National Labor Relations Board (NLRB) has asked a court to order the reinstatement of seven former Starbucks Corp employees in Memphis, Tennessee who it said were unlawfully fired for exercising their right to form a union. New Orleans-based NLRB Regional Director Kathleen McKinney filed a petition on Tuesday in […]
Article content Jerome Powell, nominated for a second term as chair of the U.S. Federal Reserve, could win Senate confirmation as soon as late Wednesday, according to a timeline outlined by Senate Banking Committee Chair Sherrod Brown. Lawmakers are also expected to vote on President Joe Biden’s other Fed nominee, Davidson College dean of faculty […]
Article content NEW YORK — Citigroup will issue its fourth quarter 2022 financial results via press release at approximately 8 a.m. (ET) on Friday, January 13, 2023. At 11 a.m. (ET), results will be reviewed via live webcast and teleconference. The press release, webcast and presentation materials will be available at www.citigroup.com/citi/investor. A replay and […]
Article content CHICAGO — Chicago Board of Trade grain and soybean futures jumped on Wednesday, as traders uneasy about world supplies adjusted positions a day before the release of U.S. crop data. Concerns about poor global crop weather helped support gains, with MGEX spring wheat futures setting contract highs as rains prevent plantings in the […]
The Pixel 6a, launched today at Google I/O 2022, is coming to India later this year! The exclamation mark is intentional because instances of Google launching Pixel hardware in India are few and far between. The Pixel 4a 4G was the last Pixel phone to launch in India. The 5G Pixel 4a and Pixel 5a […]
The Indian industry should take the lead in joining the race for the net-zero campaign, Pawan Munjal, vice-president at the Confederation of Indian Industry (CII), said on Wednesday. He added that businesses must commit to carbon emission mitigation through the fine targets over a period of time and evolve strategies to achieve them. ”We meet […]
Though the Centre took complete control of the district mineral foundations (DMFs) from the states with effect from July last year, mainly to rein in diversion of funds, the utilisation of the funds has not improved much. The DMF, created in 2015 with legal sanction, is meant for the welfare of mining-affected people. Till March […]
The tyre manufacturers capital expenditure is expected to rise to Rs 5,000 crore in this fiscal on improving demand, compared with Rs 3,700 crore annually in the preceding two fiscals. However, with capacity utilisation still below 70-75%, capex this fiscal will be lower than the annual average of about Rs 6,200 crore between 2018 and […]
Riding on Mitchell Marsh’s all-round heroics, Delhi Capitals got their act together in the nick of time to upstage Rajasthan Royals by eight wickets and keep their IPL playoffs hopes alive here on Wednesday. After their bowlers restricted RR to 160 for six, Marsh’s 62-ball 89 and David Warner’s unbeaten 52 off 41 balls helped […]