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4 mentions found


☆ Yen hits 34-yr low ahead of key U.S. inflation data
  + stars: | 2024-03-27 | by ( ) www.cnbc.com   time to read: +2 min
Japanese yen banknotes of various denominations are arranged in Kawasaki, Japan, on Friday, June 23, 2023. The yen briefly traded at 151.97 per dollar in the Asia session, down about 0.2% and its weakest since mid-1990. China's yuan and the New Zealand dollar traded near four-month lows. The yuan weakened to 7.2285 per dollar despite a strong fix of its trading band. The New Zealand dollar fell 0.2% to $0.5988, not helped by a downward revision to the government's economic growth forecasts.
Persons: Rodrigo Catril, Naoki Tamura Organizations: National Australia Bank, Bank of Japan, New Zealand Locations: Kawasaki, Japan, Asia
☆ Danilo Cavalcante: Escaped Pennsylvania killer has been captured. Here's what happens next
  + stars: | 2023-09-14 | by ( Nouran Salahieh | ) edition.cnn.com   time to read: +9 min
CNN —The convicted murderer who escaped a Pennsylvania prison late last month is once again behind bars, now facing additional charges, after a nearly two-week manhunt that captured national attention and put the surrounding community on edge. Officers escort Danilo Cavalcante from a Pennsylvania State Police barracks in Avondale on Wednesday. “He said the law enforcement presence where he was, was immense and he felt that he needed to leave,” Clark said. “Three times, he described that law enforcement officials almost stepped on him within 7 or 8 yards,” Clark said. Prosecutors say Cavalcante stabbed Brandão 38 times in front of her two young children in Pennsylvania in April 2021.
Persons: Danilo Cavalcante, Cavalcante, George Bivens, Cavalcante’s, Danilo, hunkering, Matt Rourke, – Cavalcante, Bivens, ” Bivens, ” Cavalcante’s, David Sassa, Sassa, CNN’s Laura Coates, “, ” Sassa, Robert Clark, ” Clark, CNN’s Erin Burnett, Clark, –, CNN Cavalcante, ”, Service Philadelphia Cavalcante, isn’t, ” Josh Maxwell, Maxwell, “ There’s, ” Cavalcante, Deb Ryan, Ryan, Deborah Brandão, Brandão, ” Ryan, Sarah Brandão, Sarah Organizations: CNN, Pennsylvania, Police, Correctional Institution, Pennsylvania State Police, South Coventry Township –, Philadelphia Eagles, Alcohol, Tobacco, Firearms, Explosives, FBI, Wednesday US, Service Philadelphia, Prosecutors Locations: Pennsylvania, South Coventry Township, Cavalcante, Montgomery County, Chester, Philadelphia, Avondale, South Coventry, Chester County, Canada, Pennsylvania’s
☆ Biden touts Inflation Reduction Act on first anniversary
  + stars: | 2023-08-16 | by ( Trevor Hunnicutt Jarrett Renshaw | Trevor Hunnicutt | Jarrett Renshaw | ) www.reuters.com   time to read: +6 min
WASHINGTON, Aug 16 (Reuters) - U.S President Joe Biden on Wednesday used the first anniversary of his signature Inflation Reduction Act to pitch the landmark clean-energy law as an economic powerhouse to a public that remains largely unaware of its contents. The legislation, Biden said, has shifted production of critical components away from China and into the United States. [1/3]U.S. President Joe Biden delivers remarks during an event to celebrate the anniversary of his signing of the 2022 Inflation Reduction Act legislation, in the East Room of the White House in Washington, U.S., August 16, 2023. The bill's name, the Inflation Reduction Act, helped solve a political problem for Democrats who were concerned that voters would punish them for soaring prices in the 2022 congressional elections. "Voters hear the Inflation Reduction Act, but they do not see their grocery bills coming down.
Persons: Joe Biden, Biden, Moody's, Kevin Lamarque, MARK Biden, WHAT'S, Jimmy Siegel, Jarrett Renshaw, Nichola Groom, Moira Warburton, Heather Timmons, Grant McCool, Jonathan Oatis, Andy Sullivan Organizations: Biden, LOVE, Wall, Bank of America, White, REUTERS, Democrats, Reuters, Washington Post, University of Maryland, White House, Democratic, Thomson Locations: China, United States, U.S, Asia, Europe, Washington , U.S
☆ Mercedes-Benz and Microsoft collaborate on supply chain data platform
  + stars: | 2022-10-12 | by ( ) www.reuters.com   time to read: +1 min
The Mercedes-Benz logo is seen at the 43rd Bangkok International Motor Show, in Bangkok, Thailand, March 22, 2022. REUTERS/Athit PerawongmethaBERLIN, Oct 12 (Reuters) - Mercedes-Benz (MBGn.DE) and Microsoft (MSFT.O) announced a partnership on Wednesday using Microsoft Cloud for a data platform intended to improve production efficiency at over 30 passenger car plants globally, the carmaker said on Wednesday. The data platform, called MO360, is already available in Europe, the Middle East and Africa and will also be launched in the United States and China, the statement said. The aim is to gather data from across the production process from components to logistics to the assembly line to create a virtual replica that allows teams to identify potential supply chain bottlenecks more quickly. The collaboration should lead to a 20% increase in vehicle production efficiency by 2025 from 2022 levels, the statement added.
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