Chicago

Exclusive: GE lays off workers at onshore wind unit as part of turnaround strategy

General Electric Co is laying off workers at its onshore wind unit as part of a plan to restructure and…

3 years ago

Italy’s Ali Group sees shelter from economic storm in Welbilt deal

Welbilt's exposure to the U.S. fast-food market will make new Italian owner Ali Group more resilient in a slowing global…

3 years ago

U.S. reports 1.35 million COVID-19 cases in a day, shattering global record

The United States reported 1.35 million new coronavirus infections on Monday, according to a Reuters tally, the highest daily total…

4 years ago

Futures slump on fresh Omicron worries after vaccine warning

U.S. stock index futures fell sharply on Tuesday after a warning from vaccine maker Moderna's chief executive on the effectiveness…

4 years ago