Reuters USA

(Reuters) – Lisa Marie Presley, the only daughter of rock ‘n’ roll legend Elvis Presley, died on Thursday after being rushed to a Los Angeles-area hospital suffering from cardiac arrest, according to media reports. (Reporting by Eric Beech!)

(Reuters) – The U.S. Chamber of Commerce criticized on Thursday a proposed rule of the Federal Trade Commission (FTC) that seeks to ban companies from having non-compete clauses with workers, saying such a move would harm economic growth and limit competition. The FTC proposed the rule last week that would ban companies from requiring workers …

U.S. business lobby group lambasts FTC over proposed ban on non-compete clauses Read More »

(Reuters) – World Wrestling Entertainment said on Thursday it has retained bankruptcy and restructuring powerhouse Kirkland & Ellis LLP as its legal adviser related to its review of strategic alternatives for the company. It has also retained The Raine Group LLC as financial advisor and August LLC as strategic communications adviser. WWE shares gained 3% …

WWE retains restructuring specialist Kirkland & Ellis as adviser for strategic review Read More »

By Rajesh Kumar Singh CHICAGO (Reuters) -Southwest Airlines Co is looking at all options to ensure the operational meltdown it suffered last month is not repeated, Chief Executive Bob Jordan said on Thursday. The Dallas-based carrier has been dealing with customer outrage and regulatory scrutiny after a systems meltdown last month left thousands of passengers …

Southwest CEO says all options ‘on the table’ after carrier’s meltdown, and vows responsibility Read More »

WASHINGTON (Reuters) -International Monetary Fund Managing Director Kristalina Georgieva on Thursday said the Bank of Japan was conducting an appropriate review of its monetary policy stance, but should keep policy accommodative because the country faces low inflationary pressures. Georgieva told reporters that an adjustment to the central bank’s debt yield curve control regime was not …

IMF’s Georgieva says Japan not facing increased inflationary pressures Read More »

By Hernan Nessi and Jorge Otaola BUENOS AIRES (Reuters) -Argentina’s annual inflation hit its highest rate in more than 30 years last month as prices almost doubled versus a year ago, official data released on Thursday showed, further eroding consumers’ dwindling purchasing power. In December, consumer prices jumped 5.1% month-on-month, according to national statistics agency …

Argentina’s inflation rate at 95%, highest since 1991 Read More »

By Deisy Buitrago CARACAS (Reuters) – Venezuela’s economy expanded around 15% last year, President Nicolas Maduro said on Thursday during his annual state of the nation address, crediting the expansion to diversification of the largely oil-focused economy. The South American country’s economy grew 17.73% year-over-year in the first three quarters of 2022, its central bank …

Venezuelan economy grew above 15% in 2022, president says Read More »

WASHINGTON (Reuters) – International Monetary Fund Managing Director Kristalina Georgieva said on Thursday that there is mounting evidence that the United States can avoid recession this year and achieve a “soft landing” for its economy. Georgieva told reporters that U.S. labor markets remain resilient and consumer demand remains strong despite increases in interest rates to …

IMF’s Georgieva says U.S. may be able to avoid recession in 2023 Read More »