US Senate confirms Kugler to fill Fed governor position

(Reuters) -The U.S. Senate on Thursday confirmed World Bank economist Adriana Kugler to the Federal Reserve Board of Governors, where she will help set interest rates for the world's biggest economy.

newspaper

07-09-2023

Roku trims core loss forecast, plans to reduce 10% workforce

Roku on Wednesday trimmed its adjusted operating loss forecast for the third quarter and said it would lay off 10% of its staff as well as cut down on some office space, sending the company's shares 12% higher.

newspaper

06-09-2023

Roku narrows core loss forecast, plans to trim 10% workforce

(Reuters) -Roku narrowed its adjusted operating loss forecast for the third quarter and said it would lay off 10% of its staff as well as cut down on some office space, sending the company's shares more than 8% higher in premarket trading on Wednesday.

newspaper

06-09-2023

Roku to cut 10% workforce, curb hiring

Video streaming company Roku said on Wednesday it will reduce its workforce by about 10% and limit new hiring, among other measures to lower expenses.

newspaper

06-09-2023

Ex-Proud Boys leader Enrique Tarrio gets 22 years in Jan 6 case

WASHINGTON (Reuters) -A former leader of the right-wing Proud Boys group, Enrique Tarrio, was sentenced to 22 years in prison on Tuesday for his role in the Jan. 6, 2021, attack on the U.S. Capitol, the longest sentence so far in the case.

newspaper

05-09-2023

China's exports, imports likely contracted more slowly in August

BEIJING (Reuters) -China's exports likely contracted at a slower pace in August, a Reuters poll showed on Tuesday, highlighting that manufacturers remain under pressure after outbound shipments recorded their worst performance since February 2020 last month.

newspaper

05-09-2023

Illumina taps Agilent's Jacob Thaysen as CEO

(Reuters) -Illumina on Tuesday named Agilent Technologies' Jacob Thaysen as its CEO, months after the former head of the U.S. genetic testing company resigned following a proxy fight with billionaire Carl Icahn.

newspaper

05-09-2023

China's exports, imports likely contracted more slowly in August: Reuters poll

China's exports likely contracted at a slower pace in August, a Reuters poll showed on Tuesday, highlighting that manufacturers remain under pressure after outbound shipments recorded their worst performance since February 2020 last month.

newspaper

05-09-2023