Software Makers Interested
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Can a Brewery Make Good Wine? These Beer Makers Say Yes.
In an effort to reach an increasingly diverse customer base, brewers are turning over some of their equipment to producing wine.The New York Times - Business -
The radical repricing of US interest rates
Financial markets and the Fed are searching for a convincing economic storyFinancial Times - World -
Serious Fraud Office reviews cases after software problems
UK agency to look at past and present investigations as fresh issues emerge over evidence disclosureFinancial Times - Business -
US interest rate setter says 'no hurry' to cut
A key member of the US central bank, Raphael Bostic, tells the BBC rates might only ease "at the end of 2024".BBC News - Top stories -
Rivian's 2024 Layoffs Hit Second Gear as Truck Maker Sheds More Workers
As EV sales sputter, the faltering company cuts 1 percent of its workforce in a second round of firings this year.Inc. - Business -
Google is combining its Android software and Pixel hardware divisions to more broadly integrate AI
Google says it will combine the software division responsible for Android mobile software and the Chrome browser with the hardware division known for Pixel smartphones and Fitbit wearablesABC News - Tech - Google -
Schneider Electric confirmed talks with engineering-software company Bentley Systems about a potential strategic transaction.
Schneider Electric confirmed talks with engineering-software company Bentley Systems about a potential strategic transaction.The Wall Street Journal - World -
Why the Fed Should Declare Victory and Cut Interest Rates
Small-business owners are being punished by the central bank's data obsession. It needs to focus less on CPI numbers and more on boosting the economy.Inc. - Business - Federal Reserve -
Interest Rates, Geopolitical Tensions Keep U.S. Stocks Gloomy
U.S. stock indexes mostly fell as corporations face the threat of high interest rates for longer.The Wall Street Journal - World -
Inflation, Interest Rates and Oil Prices Have Jolted the Markets
Euphoria has been replaced by a much more somber mood, changing the value calculations in a host of markets, our columnist says.The New York Times - Business -
Schneider Electric is in talks to take control of the engineering-software company Bentley Systems in a deal that could be valued at more than $15 billion.
Schneider Electric is in talks to take control of the engineering-software company Bentley Systems in a deal that could be valued at more than $15 billion.The Wall Street Journal - World -
Fed’s Goolsbee says progress on inflation has stalled, makes sense to wait on interest rates
Chicago Fed president “hopeful” we will get improvement on inflation.MarketWatch - Business - Federal Reserve -
Here's what 12 European Central Bank members said about interest rates this week
The ECB has become "the central bank to be followed," one central bank governor said.CNBC - Business -
Rate-cut expectations give way to questions about a Fed hike — and how much higher interest rates should go
Portfolio managers, economists, and Federal Reserve policy makers are all asking the same question: Are U.S. interest rates, now at a 23-year-high of 5.25% to 5.5%, high enough?MarketWatch - Business - Federal Reserve -
Fed report highlights risks to financial stability if interest rates stay higher for longer
The biggest worry for the global financial system is that the Federal Reserve keeps monetary policy tighter than expected, according to experts surveyed by the central bank.MarketWatch - Business - Federal Reserve -
Missouri Backs Big Expansion of Low-Interest Loans as Demand for State Aid Grows
State lawmakers approve increasing the money available for bargain-basement priced lending as inflation endures.Inc. - Business