Stock Focus Report

Fed survey cites inflation, US election as key financial stability risks

• Business

Fed survey cites inflation, US election as key financial stability risks

Stock Focus Report April 19, 2024

By Howard Schneider and Pete Schroeder WASHINGTON (Reuters) -Persistent inflation and higher-for-longer interest rates were cited as...

Read More Read more about Fed survey cites inflation, US election as key financial stability risks

Nike to lay off 740 employees at Oregon headquarters

• Business

Nike to lay off 740 employees at Oregon headquarters

Stock Focus Report April 19, 2024

(Reuters) – Nike will lay off about 740 employees at its world headquarters in Oregon, a letter...

Read More Read more about Nike to lay off 740 employees at Oregon headquarters

Google scraps minimum wage, benefits rules for suppliers and staffing firms

• Business

Google scraps minimum wage, benefits rules for suppliers and staffing firms

Stock Focus Report April 19, 2024

By Daniel Wiessner (Reuters) – Alphabet Inc’s Google on Friday said it will roll back requirements that...

Read More Read more about Google scraps minimum wage, benefits rules for suppliers and staffing firms

Apple pulls WhatsApp, Threads from China app store after Beijing order

• Business

Apple pulls WhatsApp, Threads from China app store after Beijing order

Stock Focus Report April 19, 2024

By Josh Ye and Mrinmay Dey (Reuters) -Apple said on Friday it had removed Meta Platforms’ WhatsApp...

Read More Read more about Apple pulls WhatsApp, Threads from China app store after Beijing order

Albemarle, Cummins receive tax credits under Biden’s clean energy drive

• Business

Albemarle, Cummins receive tax credits under Biden’s clean energy drive

Stock Focus Report April 19, 2024

(Reuters) – Albemarle, Cummins and Siemens Energy are some companies that received tax credit under a section...

Read More Read more about Albemarle, Cummins receive tax credits under Biden’s clean energy drive

IMF urges Bank of Japan to tread cautiously in raising interest rates

• Economy

IMF urges Bank of Japan to tread cautiously in raising interest rates

Stock Focus Report April 19, 2024

By Leika Kihara WASHINGTON (Reuters) – The Bank of Japan (BOJ) must tread cautiously in raising interest...

Read More Read more about IMF urges Bank of Japan to tread cautiously in raising interest rates

Stellantis to recall over 38,000 vehicles on potential airbag deployment issues

• Business

Stellantis to recall over 38,000 vehicles on potential airbag deployment issues

Stock Focus Report April 19, 2024

(This March 20 story has been corrected to say Stellantis, not Chrysler, is recalling vehicles in the...

Read More Read more about Stellantis to recall over 38,000 vehicles on potential airbag deployment issues

US firms facilitated investments into blacklisted Chinese companies, says House probe

• Business

US firms facilitated investments into blacklisted Chinese companies, says House probe

Stock Focus Report April 18, 2024

By Pritam Biswas and Mehnaz Yasmin (Reuters) -U.S. financial firms facilitated investments worth billions of dollars in...

Read More Read more about US firms facilitated investments into blacklisted Chinese companies, says House probe

Rivian cuts 1% of workforce in second round of layoffs this year

• Business

Rivian cuts 1% of workforce in second round of layoffs this year

Stock Focus Report April 18, 2024

By Abhirup Roy and Akash Sriram SAN FRANCISCO (Reuters) -Electric vehicle maker Rivian said on Wednesday it...

Read More Read more about Rivian cuts 1% of workforce in second round of layoffs this year

BOJ’s Ueda signals possible rate hike if weak yen boosts inflation

• Economy

BOJ’s Ueda signals possible rate hike if weak yen boosts inflation

Stock Focus Report April 18, 2024

By Leika Kihara WASHINGTON (Reuters) -Bank of Japan Governor Kazuo Ueda said on Thursday the central bank...

Read More Read more about BOJ’s Ueda signals possible rate hike if weak yen boosts inflation