Weak corporate report cards in the US and Asia indicate economic pain

Google shocks the market with weaker-than-expected ad revenue SK Hynix warns chip sector faces ‘unprecedented deterioration’ Weak profits come amid rising inflation and higher interest rates Oct 26 (Reuters) – US technology giants Alphabet (GOOGL.O) and Microsoft to General Electric (GE.N) and game maker Mattel (MAT.O) It reported significant slowdowns in growth or warned that … Read more

The Northeast US faces potential power shortages as rails begin to close

Unused oil tanker cars appear on the New York West Pennsylvania Railroad outside Hinsdale, New York, August 24, 2015. Photo taken August 24, 2015. REUTERS/Lindsay Dedario/File Photo Register now to get free unlimited access to Reuters.com Register NEW YORK (Reuters) – Some trains carrying fuel components to the northeastern United States have been halted in … Read more