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Powell says tariffs delayed rate cuts
Powell says tariffs delayed rate cuts
Jul 1, 2025
Federal Reserve Chair Jerome Powell said the bank wouldve cut interest rates if it werent for President Trumps tariff plans. In response to a question at the European Central Bank Forum in Portugal, he said the Fed paused its moves on interest rates when it saw the size of the tariffs, with inflation forecasts rising after their announcement. The Fed...
Euro rises above $1.18 for first time in four years ahead of European inflation data
Euro rises above $1.18 for first time in four years ahead of European inflation data
Jul 1, 2025
The euro rose in European trade on Tuesday, on track for the ninth daily profit in a row against the US dollar, and trading above $1.18 for the first time since 2021. It comes amid concerns about the Federal Reserves independence and US financial stability after new attacks by Trump against Powell. Recently, the odds of a European Central Banks...
US dollar declines on mounting concerns about tax bill, tariffs
US dollar declines on mounting concerns about tax bill, tariffs
Jul 1, 2025
The US dollar fell on Tuesday against a basket of major rivals amid mounting concerns about the US fiscal situation following Trumps big tax bill, and with uncertainty about the trade agreements. Investors are now betting on a faster pace of Fed rate cuts this year, while waiting for crucial US data this week, including the payrolls report on Friday....
Yen extends gains to three-week high against the dollar
Yen extends gains to three-week high against the dollar
Jul 1, 2025
The yen rose in Asian trade on Tuesday against a basket of major rivals, expanding gains for the second straight session against the dollar and hitting a three-week high against a basket of major rivals. The odds of a Japanese interest rate hike in July tumbled following the Bank of Japans latest policy meeting, with traders now awaiting more Japanese...
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Summit Joins Telarus Supplier Network to Deliver Scalable, Secure IT Infrastructure to Businesses Nationwide
Summit Joins Telarus Supplier Network to Deliver Scalable, Secure IT Infrastructure to Businesses Nationwide
Sep 11, 2025
ALPHARETTA, Ga., Sept. 11, 2025 (GLOBE NEWSWIRE) -- Summit, an IT infrastructure provider delivering cloud, data center, disaster recovery, and cybersecurity solutions, today announced it has joined the Telarus supplier network. Summit will work with Telarus technology advisors nationwide to design, deliver, and support secure IT infrastructure. For more than two decades, Telarus has empowered technology advisors to source, specify,...
TeamBuilder Named Workday Partner to Bring Predictive Scheduling to Ambulatory Care
TeamBuilder Named Workday Partner to Bring Predictive Scheduling to Ambulatory Care
Sep 11, 2025
NEW YORK, Sept. 11, 2025 /PRNewswire/ -- TeamBuilder, an innovator in staff scheduling solutions for ambulatory care, today announced it has signed a partnership agreement with Workday , a leading provider of solutions to help organizations manage their people and money. This partnership will help health systems and medical groups optimize labor costs and improve access by combining Workday's enterprise...
TestRail Launches AI Test Case Generation Powered by Sembi IQ for QA Teams
TestRail Launches AI Test Case Generation Powered by Sembi IQ for QA Teams
Sep 11, 2025
TestRail 9.5 empowers intelligent collaboration between testers and AI, enabling 90% faster test case creation with enterprise-grade flexibility and security AUSTIN, Texas--(BUSINESS WIRE)-- TestRail, the leading dedicated QA test management platform, announces the release of AI-powered Test Case Generation leveraging Sembi IQ, the powerful multi-brand AI engine. Built with and for QA teams, this first-of-its-kind capability dramatically accelerates test...
Command Alkon Launches Command Community to Further Boost Customer Experience
Command Alkon Launches Command Community to Further Boost Customer Experience
Sep 11, 2025
BIRMINGHAM, Ala., Sept. 11, 2025 (GLOBE NEWSWIRE) -- Command Alkon, the leading software and solutions provider for the heavy building materials industry, is excited to announce the launch of Command Community, designed to enhance customer service and experience by providing customers with easy access to self-service options and improved interaction management. “Command Community empowers users with 24/7 access to key...
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Red Robin Guides Q2 Comparable Sales Below Forecast, EBITDA Above Guidance
Red Robin Guides Q2 Comparable Sales Below Forecast, EBITDA Above Guidance
Jul 14, 2025
04:46 PM EDT, 07/14/2025 (MT Newswires) -- Red Robin Gourmet Burgers ( RRGB ) said Monday that despite slightly weaker-than-expected fiscal Q2 comparable restaurant sales, it expects adjusted earnings before interest, taxes, depreciation, and amortization to exceed its prior guidance of $13 million to $16 million. The restaurant chain anticipates comparable sales for the quarter ended July 13 to decline...
Allison Transmission's Electric Hybrid Buses to Operate in Baltimore
Allison Transmission's Electric Hybrid Buses to Operate in Baltimore
Jul 14, 2025
04:45 PM EDT, 07/14/2025 (MT Newswires) -- Allison Transmission ( ALSN ) said late Monday it has entered a partnership with Maryland Transit Administration for its New Flyer buses with eGen Flex hybrid propulsion system for use in the Baltimore area. Financial details were not disclosed. The 40-foot electric-hybrid buses, which will feature geofencing technology that allows buses to run...
La-Z-Boy to Buy La-Z-Boy Furniture Galleries Stores in Southeast
La-Z-Boy to Buy La-Z-Boy Furniture Galleries Stores in Southeast
Jul 14, 2025
04:47 PM EDT, 07/14/2025 (MT Newswires) -- La-Z-Boy ( LZB ) said late Monday it has struck a deal to acquire a La-Z-Boy Furniture Galleries store network in the southeast region from Atlanta Furniture Galleries. The acquisition of 15 stores will bring company-owned count to 220, 60% of its total network, the company said. The business generated about $80 million...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
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