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Ford to lower managers' bonuses if company performance fails to improve, sources say
By Nora Eckert DETROIT (Reuters) -Ford Motor CEO Jim Farley has told employees that the automaker needs to speed efforts to improve quality and lower costs, and that manager bonuses, which are tied to
Reuters
Thu, Oct 31
Judge declines to block Elon Musk $1 million voter giveaway as billionaire seeks to move case
By Jack Queen PHILADELPHIA (Reuters) -A Pennsylvania state judge said on Thursday he would not immediately move forward with a lawsuit that seeks to stop Elon Musk's $1 million voter giveaway ahead of
Reuters
Thu, Oct 31
US court questions legal basis for net neutrality reinstatement
By David Shepardson (Reuters) -Federal appellate judges signaled skepticism on Thursday over whether the U.S. Federal Communications Commission has the authority to reinstate landmark net neutrality
Reuters
Thu, Oct 31
Democratic lawmaker takes aim at Biden over TSMC chip in Huawei product, letter shows
By Alexandra Alper WASHINGTON (Reuters) - Democratic Senator Mark Warner criticized the Biden administration for "apparent lax monitoring" of TSMC following revelations a chip produced by the
Reuters
Thu, Oct 31
Democratic lawmaker takes aim at Biden over TSMC chip in Huawei product, letter shows
By Alexandra Alper WASHINGTON (Reuters) - Democratic Senator Mark Warner criticized the Biden administration for "apparent lax monitoring" of TSMC following revelations a chip produced by the
Reuters
Thu, Oct 31
US, Japan and South Korea strongly condemn North Korea's ICBM launch
WASHINGTON (Reuters) - The United States, Japan and South Korea issued a joint statement on Thursday strongly condemning North Korea's launch of an intercontinental ballistic missile. North Korea said
Reuters
Thu, Oct 31
PBF Energy posts weak Q3 results, set to cut $200 million of costs in 2025
By Nicole Jao (Reuters) -U.S. refiner PBF Energy plans to save around $200 million in operating costs and expenditures by the end of 2025 through efforts including energy reduction and improving the
Reuters
Thu, Oct 31
US LNG exports to rise at smallest pace since 2016
By Curtis Williams and Scott DiSavino HOUSTON/NEW YORK (Reuters) - U.S. liquefied natural gas exports this year will rise about 2%, analysts estimate, the smallest annual increase since 2016 when the
Reuters
Thu, Oct 31
Japan's Takeda raises full-year profit forecast amid restructuring
TOKYO (Reuters) - Japan's biggest drugmaker, Takeda Pharmaceutical, beat estimates for second-quarter profit on Thursday and lifted its full-year earnings forecast as it restructures to cut costs.
Reuters
Thu, Oct 31
Analysis-US crypto industry expects friendlier Washington, whoever wins White House
By Hannah Lang (Reuters) - The cryptocurrency industry has spent years clashing with Democratic President Joe Biden's administration over regulatory issues, but executives expect an easier ride from
Reuters
Thu, Oct 31
UN Security Council asked to meet on Monday on North Korea missile launch
UNITED NATIONS (Reuters) - The United Nations Security Council is likely to meet on Monday, two diplomats said, over North Korea's test on Thursday of what Pyongyang said was an intercontinental
Reuters
Thu, Oct 31
Red Cross denounces lack of conflict mediation as aid needs explode
By Emma Farge GENEVA (Reuters) - A lack of political leadership in brokering peace deals is prolonging conflicts and stretching aid groups tasked with addressing their worst impacts, a senior official
Reuters
Thu, Oct 31
Ford to halt production of F-150 Lightning EV pickup trucks for six weeks
By David Shepardson (Reuters) -Ford Motor will halt production of its F-150 Lightning electric vehicle pickup trucks for six weeks from Nov. 18 to Jan. 6, the Dearborn automaker said on Thursday.
Reuters
Thu, Oct 31
Shell's $6 billion profit smashes forecasts as LNG offsets weak refining
By Ron Bousso LONDON (Reuters) -Shell reported on Thursday third-quarter profits of $6 billion that exceeded forecasts by 12% as higher liquefied natural gas (LNG) sales offset a sharp drop in oil
Reuters
Thu, Oct 31
Brewers' volumes disappoint as drinkers buy less beer
(Adds missing punctuation in lead and headline) By Emma Rumney, Jacob Gronholt-Pedersen LONDON/COPENHAGEN (Reuters) -Two of the biggest brewers, Anheuser-Busch InBev and Carlsberg, sold less than
Reuters
Thu, Oct 31
Bristol Myers earnings beat expectations, driven by sales of older drugs
By Michael Erman (Reuters) -Bristol Myers Squibb reported a higher-than-expected third-quarter profit on Thursday, citing strong sales of established drugs like blood thinner Eliquis and cancer
Reuters
Thu, Oct 31
UK Labour budget spares markets from another 'Liz Truss moment'
By Naomi Rovnick and Yoruk Bahceli LONDON (Reuters) -UK markets were spared painful blows from the new Labour government's first budget on Wednesday, which announced 40 billion pounds of tax hikes to
Reuters
Thu, Oct 31
Column-How Trump or Harris would address Social Security’s problems
By Mark Miller (Reuters) - The next U.S. president and Congress will need to tackle the financial challenges facing Social Security if we are going to avert a sharp cut in benefits to the 68 million
Reuters
Thu, Oct 31
Stocks drop with Meta, Microsoft; dollar eases after U.S. data
By Caroline Valetkevitch and Amanda Cooper NEW YORK LONDON (Reuters) -World stock indexes dropped on Thursday, with the Nasdaq down more than 2% after Facebook owner Meta Platforms and Microsoft both
Reuters
Thu, Oct 31
Ukraine holds key rate at 13% as inflationary pressure grows
By Olena Harmash KYIV (Reuters) - Ukraine's central bank kept its main interest rate unchanged at 13% on Thursday, in line with market expectations, and said it would remain cautious in the coming
Reuters
Thu, Oct 31
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