News

US inflation and consumer spending cooled in December

  • January 27, 2023 05:39 AM PST | APNEWS
 US inflation and consumer spending cooled in December

287 The Federal Reserve’s preferred inflation gauge eased further in December, and consumer spending fell — the latest evidence that the Fed’s series of interest rate hikes are slowing the economy

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Ford recalls 382,000 U.S. vehicles for rear camera display failure

Ford recalls 382,000 U.S. vehicles for rear camera display failure

  • January 27, 2023 04:55 AM PST | Reuters

WASHINGTON (Reuters) - Ford Motor Co said Friday it is recalling 382,000 vehicles in the United States because video output may fail, preventing the rearview camera image from displaying. The U.S.

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WRAPUP 1-India's Adani slammed by $48 bln stock rout, putting share sale at risk

WRAPUP 1-India's Adani slammed by $48 bln stock rout, putting share sale at risk

  • January 27, 2023 04:49 AM PST | Reuters

* Stocks of Indian billionaire Adani's firms hit by debt concerns * 7 Adani group firms lose total of $48 bln since * Adani slips to 7th ranking of world's richest, from third-Forbes * Bill Ackman

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Correction: Medicaid-Prisons story

Correction: Medicaid-Prisons story

  • January 27, 2023 04:43 AM PST | APNEWS

In a story published Jan. 26, 2023, about the federal government allowing Medicaid dollars to treat some California prison inmates, The Associated Press erroneously reported that the Health and Reentry Project is at the Commonwealth Fund

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AmEx forecasts upbeat full-year profit on buoyant spending trends

AmEx forecasts upbeat full-year profit on buoyant spending trends

  • January 27, 2023 04:41 AM PST | Reuters

(Recasts to adds details on forecast, shares and from company statement) Jan 27 (Reuters) - American Express Co forecast full-year profit above Wall Street estimate on Friday, as the credit card

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Senti Bio Announces Pipeline Prioritization, Updates Cash Runway Guidance

Senti Bio Announces Pipeline Prioritization, Updates Cash Runway Guidance

  • January 27, 2023 04:34 AM PST | Reuters

Jan 27 (Reuters) - Senti Biosciences Inc: * SENTI BIO ANNOUNCES PIPELINE PRIORITIZATION TO FOCUS ON LOGIC GATED CELL THERAPIES; UPDATES CASH RUNWAY GUIDANCE * SENTI BIOSCIENCES INC - SENTI-202 ON

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Intel's 'historic collapse' sparks selloff in chip stocks

Intel's 'historic collapse' sparks selloff in chip stocks

  • January 27, 2023 04:24 AM PST | Reuters

(Reuters) - Intel Corp stumped Wall Street with a dismal first-quarter outlook, triggering a rout in shares of chipmakers on Friday and prompting some analysts to raise concerns about its cash

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Bank Of India Source: Exposure To Adani Group Below Large Exposure Framework Of RBI

Bank Of India Source: Exposure To Adani Group Below Large Exposure Framework Of RBI

  • January 27, 2023 04:21 AM PST | Reuters

Jan 27 (Reuters) - * BANK OF INDIA SOURCE: EXPOSURE TO ADANI GROUP BELOW LARGE EXPOSURE FRAMEWORK OF RBI * BANK OF INDIA SOURCE: HYPE ABOUT ADANI EXPOSURE/DEBT SERVICING CONCERNS ONLY CREATED BY MEDIA

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Polar Semiconductor Expects To Receive $150 Mln Equity Investment

Polar Semiconductor Expects To Receive $150 Mln Equity Investment

  • January 27, 2023 04:20 AM PST | Reuters

Jan 27 (Reuters) - Allegro Microsystems Inc: * ALLEGRO MICROSYSTEMS - POLAR SEMICONDUCTOR EXPECTED TO RECEIVE $150 MILLION EQUITY INVESTMENT FROM AFFILIATE OF ONE EQUITY PARTNERS Source text for Eikon

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Bristol Myers Squibb Receives Positive CHMP Opinion For Reblozyl

Bristol Myers Squibb Receives Positive CHMP Opinion For Reblozyl

  • January 27, 2023 04:19 AM PST | Reuters

Jan 27 (Reuters) - Bristol-Myers Squibb Co: * BRISTOL MYERS SQUIBB RECEIVES POSITIVE CHMP OPINION FOR REBLOZYL® (LUSPATERCEPT) FOR ADULT PATIENTS WITH ANEMIA-ASSOCIATED, NON-TRANSFUSION-DEPENDENT (NTD

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