WASHINGTON (Reuters) -The U.S. government said on Friday it was formally ending its effort to stop Facebook parent Meta Platforms Inc from buying virtual reality (VR) content maker Within Unlimited. The Federal Trade Commission (FTC), which lost a fight in court to block the acquisition, said in a filing that it has decided to formally …
U.S. formally ends fight against Meta’s purchase of VR content maker Read More »
By Timothy Gardner WASHINGTON (Reuters) – U.S. power plant emissions of pollutants that harm human health and warm the planet fell last year as the industry continued a switch from coal to natural gas, the Environmental Protection Agency said on Friday. The reductions occurred, despite a 2% rise last year in electricity demand in the …
US 2022 power plant emissions fell on switch from coal to gas -EPA Read More »
BRASILIA (Reuters) – A debate has broken out among senior aides to Brazilian President Luiz Inacio Lula da Silva over fuel taxes, underlining the competing views within his circle over the future path of his nascent leftist administration. Former far-right Jair Bolsonaro unveiled the fuel tax cut last year as he sought to ease inflation …
Debate grows among Lula’s team over Brazil fuel tax policy Read More »
By Abhijith Ganapavaram and Valerie Insinna (Reuters) -Shares of Boeing Co fell nearly 5% on Friday after the U.S. planemaker temporarily halted deliveries of its 787 Dreamliner jets over a documentation issue related to a fuselage component. Boeing, after reviewing certification records, on Thursday said it “discovered an analysis error by our supplier related to …
Boeing shares fall after new Dreamliner delivery halt Read More »
By Michael S. Derby and Ann Saphir NEW YORK/SAN FRANCISCO (Reuters) -Expectations that the U.S. Federal Reserve will need to push interest rates higher and keep them elevated longer than previously projected rose on Friday after data showed a key inflation gauge accelerated last month. Even so, Fed policymakers speaking on Friday did not push …
Further Fed hikes expected after data dashes ‘disinflation’ hopes Read More »
By Lewis Krauskopf NEW YORK (Reuters) – Signs of a resilient U.S. economy are boosting the appeal of semiconductor stocks, even as worries over the Federal Reserve’s monetary policy tightening weigh on the sector along with the broader market. The Philadelphia SE Semiconductor index is up about 16% so far this year, dwarfing the 3% …
U.S. economic resilience could add luster to semiconductor shares Read More »
(Reuters) – U.S. equity funds suffered massive outflows in the seven days to Feb. 22, hit by worries over higher interest rates as strong economic data pointed to the U.S. Federal Reserve sticking to its tighter monetary policy for some time more. Refinitiv Lipper data showed investors withdrew a net $6.88 billion out of U.S. …
U.S. equity funds see biggest weekly outflow in seven weeks Read More »
By Aditya Samal (Reuters) – There is not sufficient evidence to recommend more than one COVID-19 booster shot a year for older people and those with weakened immune systems, an expert advisory group to the U.S. Centers for Disease Control and Prevention (CDC) said on Friday. The COVID-19 working group of the CDC’s Advisory Committee …
Not enough data to support multiple annual COVID boosters, U.S. CDC advisers say Read More »
By Mike Scarcella (Reuters) – A California federal judge on Thursday dismissed antitrust claims against commercial real estate information services company CoStar Group Inc, in a feud with an industry rival platform that alleged it was unlawfully boxed out of competition. U.S. District Judge Consuelo Marshall in Los Angeles found CoStar’s commercial real estate listing …
CoStar defeats real estate rival’s antitrust claims in U.S. court Read More »
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer spending increased by the most in nearly two years in January amid a surge in wage gains, while inflation accelerated, adding to financial market fears that the Federal Reserve could continue raising interest rates into summer. The report from the Commerce Department on Friday was the latest …
U.S. consumer spending posts biggest gain in nearly two years; inflation picks up Read More »
