(Reuters) – Borrowings by U.S. companies for capital investments rose 9% in July from a year earlier, the Equipment Leasing and Finance Association (ELFA) said on Monday. The companies signed up for $9.9 billion in new loans, leases and lines of credit last month, up from $9.1 billion a year earlier. However, borrowings fell 5%…
Heavy flooding striking parts of Tennessee left at least 10 people dead and 40 others missing, Humphreys County Sheriff’s office Chris Davis told the Tennessean Saturday.Driving the news: Heavy rainfall was pummeling much of the state. The Tennessee Emergency Management Agency said dangerous flash flooding closed a major local highway near McEwen, and the National…
A California man has filed a lawsuit after he was injured trying to flee from a bear that surprised him in a dumpster while he was visiting Lake Tahoe.John Donaldson is seeking $15,000 in damages from a condominium association and waste management company for injuries he said he suffered in the encounter at a condo…
2/2 © Reuters. FILE PHOTO: Sunlight reflects from the windows of condominiums in Toronto, Ontario, Canada December 20, 2019. REUTERS/Chris Helgren 2/2 By Nichola Saminather TORONTO (Reuters) – Condominium markets in some of Canada’s biggest cities have rebounded strongly this year, and agents and analysts say the market could once again return to pre-pandemic red-hot…
© Reuters. By Geoffrey Smith Investing.com — The Taliban has taken control of the Afghan capital Kabul amid a chaotic evacuation of remaining westerners. The Chinese economy is slowing down due to the clampdown on localized outbreaks of Covid-19 across the country. That’s also hitting oil prices. And U.S. stocks are set to open lower…
The Chicago Board of Education recently approved a $9.3 billion budget using emergency COVID-19 funds from the federal government to hire 2,000 new employees, increase staff size, and distribute raises.The problem?The money is temporary, and a staggering 100,000 fewer students are expected back when school starts at the end of August.Interim Chicago Public Schools CEO…
© Reuters. FILE PHOTO: Representations of cryptocurrency Bitcoin are seen in this picture illustration taken June 7, 2021. REUTERS/Edgar Su/Illustration (Reuters) – Bitcoin surged 7.07% to $47,587.38 at 2200 GMT on Friday, adding $3,142.93 to its previous close. Bitcoin, the world’s biggest and best-known cryptocurrency, is up 71.6% from the year’s low of $27,734 on…
© Reuters. FILE PHOTO: Federal Reserve Board building is pictured in Washington, U.S., March 19, 2019. REUTERS/Leah Millis By Indradip Ghosh and Shrutee Sarkar BENGALURU (Reuters) – The Federal Reserve will announce a plan to taper its asset purchases in September, according to a solid majority of economists polled by Reuters who also said the…
Mattel has issued a statement regarding its alleged lack of an Asian doll in its Tokyo Olympics Barbie collection.The backlash: The latest wave of criticism started after Barbie repromoted the five-doll collection on July 28. Social media users alleged that none of the toys looked “Asian,” despite the fact that the Games were in Tokyo…
© Reuters. China’s New Oil Giants Flourish in Xi’s Clean Energy Wave (Bloomberg) — China’s newest oil refiners are thriving by aligning themselves with President Xi Jinping’s vision, expanding even as their older rivals and several other private businesses have been reined in by Beijing. These newcomers have gained the moniker Teapot 2.0 in China,…
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