May 02, 2023
Ford’s Kentucky Truck Plant road-tests a new quality strategy

By Joseph White LOUISVILLE, Kentucky (Reuters) - Shutting down the assembly lines that build Super Duty pickup trucks at Ford Motor Co's Kentucky Truck Plant is a multimillion-dollar action company managers try hard to avoid. As part of a new…

May 01, 2023
Explainer-With Bluesky, Jack Dorsey has another go at Twitter-like service

(Reuters) - Jack Dorsey is taking another whack at a Twitter-like service with a new social media platform called Bluesky. The service is gaining traction among Twitter power users, attracting prominent personalities including U.S. Congresswoman Alexandria Ocasio-Cortez. Bluesky, which bears…

May 01, 2023
One-third of US nurses plan to quit profession – report

By Khushi Mandowara and Leroy Leo (Reuters) - Almost a third of the nurses in the United States are considering leaving their profession after the COVID-19 pandemic left them overwhelmed and fatigued, according to a survey. The survey of over…

Apr 28, 2023
Highlights from the Fed review of SVB oversight

(Reuters) - The Federal Reserve issued a detailed and scathing assessment on Friday of its failures to identify problems and push for fixes at Silicon Valley Bank before the regional U.S. lender's March 10 collapse, and called for stricter rules…

Apr 26, 2023
Tesla broke U.S. labor law by silencing workers, official rules

By Daniel Wiessner (Reuters) - Tesla Inc supervisors at a Florida service center violated U.S. labor law by telling employees not to discuss pay and other working conditions or bring complaints to higher level managers, a U.S. labor board official…

Apr 25, 2023
Price hikes boost profits at global consumer giants; will spending last?

By Doyinsola Oladipo NEW YORK (Reuters) -Major global brands like McDonald's, General Motors and Nestle posted steady first-quarter results built on higher prices, demonstrating that shoppers across major economies are still spending despite slowed economic activity. Price increases for soda,…

Apr 24, 2023
YouTube case at US Supreme Court could shape protections for ChatGPT and AI

By Andrew Goudsward WASHINGTON (Reuters) - When the U.S. Supreme Court decides in the coming months whether to weaken a powerful shield protecting internet companies, the ruling also could have implications for rapidly developing technologies like artificial intelligence chatbot ChatGPT.…

Apr 20, 2023
US labor market cooling; leading indicator flashes recession

By Lucia Mutikani WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits increased moderately last week, suggesting the labor market was gradually slowing as the Federal Reserve's year-long interest rate hiking campaign dampens demand. Though measured,…