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Why Did a Software Glitch Halt Toyota Production?
  • News

Why Did a Software Glitch Halt Toyota Production?

  • Navid Singh
  • September 4, 2023
  • 0

The world’s largest automaker was forced to suspend operations at all 14 of its assembly plants in Japan last week due to a software glitch.

Interest Rates May Rise Again, Fed Warns
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Interest Rates May Rise Again, Fed Warns

  • Ellie Baker
  • August 28, 2023
  • 0

The Federal Reserve may need to raise interest rates further to cool down the US economy and bring inflation under control, according to a senior Fed official.

Schwab Capitalizes on Higher Yields with a $2.5 Billion Bond Issue
  • News

Schwab Capitalizes on Higher Yields with a $2.5 Billion Bond Issue

  • Farhan Ahmed
  • May 19, 2023
  • 0

Charles Schwab Corp. has announced plans to raise up to $2.5 billion through a debt offering, capitalizing on a recent surge in investor interest towards higher yields in the corporate bond market​​.

BA Owner Raises Profit Forecast as Travel Demand Rebounds
  • News

BA Owner Raises Profit Forecast as Travel Demand Rebounds

  • Ellie Baker
  • May 11, 2023
  • 0

IAG reports a strong rebound in travel demand, reaching 97% of pre-pandemic capacity and expecting higher profit for the year.

US Job Creation Robust Despite Banking Crisis
  • News

US Job Creation Robust Despite Banking Crisis

  • Lillian Wilson
  • May 8, 2023
  • 0

Despite a banking crisis that threatens the global economy, the US added 253,000 jobs in April and lowered its unemployment rate.

First Republic Bank Faces Possible Government Takeover
  • News

First Republic Bank Faces Possible Government Takeover

  • Farhan Ahmed
  • April 29, 2023
  • 0

First Republic Bank faces mounting losses from the commercial real estate sector, causing concern as it scrambles to avoid a government takeover.

Fox News Settles Lawsuit Over Election Fraud Claims
  • News

Fox News Settles Lawsuit Over Election Fraud Claims

  • Lillian Wilson
  • April 20, 2023
  • 0

Fox News settles a defamation lawsuit filed by Dominion Voting Systems for $788 million, one of the largest settlements ever paid by a media company.

Metro Bank Faces Shareholder Revolt Over Executive Pay Hikes
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Metro Bank Faces Shareholder Revolt Over Executive Pay Hikes

  • George Kim
  • April 15, 2023
  • 0

Metro Bank, the UK’s largest challenger bank, is facing a potential shareholder rebellion over its decision to award hefty pay rises to its top executives […]

IMF Warns of “Perilous Phase” & Global Recession Risk in 2023
  • News

IMF Warns of “Perilous Phase” & Global Recession Risk in 2023

  • Farhan Ahmed
  • April 14, 2023
  • 0

The International Monetary Fund warned on Tuesday that the world economy was entering a “perilous phase” of low growth and high inflation, and that there […]

Banking Crisis ‘Not Yet Over’, JPMorgan Boss Warns
  • News

Banking Crisis ‘Not Yet Over’, JPMorgan Boss Warns

  • George Kim
  • April 13, 2023
  • 0

In his annual letter to shareholders, the chief executive of JPMorgan Chase, one of the world’s largest banks, warned that the banking crisis triggered by […]

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