Category Archives:
Altria faces first trial over claims it helped market Juul to teens
By Brendan Pierson (Reuters) - Tobacco giant Altria Group Inc is set to face trial Monday in a lawsuit by San Francisco's public school district accusing the company of fueling a teen vaping epidemic,...
Apr 21, 2023
U.S. food banks warn of strain as Republicans seek food aid cuts
By Leah Douglas (Reuters) - Food banks across the United States are straining to meet spiking demand as high food costs and shrinking federal benefits drive scores of Americans to depend on free groce...
Apr 21, 2023
Exclusive-Lilly expects US Medicare to reverse course, fully cover Alzheimer’s drugs
By Deena Beasley and Julie Steenhuysen (Reuters) - Eli Lilly and Co expects the U.S. Medicare health plan to back down from strict coverage limits on new Alzheimer's drugs as more evidence emerges in ...
Apr 21, 2023
Investors cut cash holdings for first time in eight weeks-BofA
LONDON (Reuters) - Investors cut their cash holdings for the first time in eight weeks, while shedding equities and gold in the week to Wednesday, according to a report from BofA Global Research on Fr...
Apr 21, 2023
U.S. Fed works on loophole that masked losses on SVB’s securities -WSJ
(Reuters) - U.S. Federal Reserve may close a loophole that allows some midsize banks to conceal losses on securities they hold, the Wall Street Journal reported on Friday, citing people familiar with ...
Apr 21, 2023
Zimbabwe economy could grow 6% this year, finance minister says
HARARE (Reuters) - Zimbabwe's economy could grow 6% this year, better than a previous forecast for 3.8% growth, thanks to a strong performance by agriculture and easing power shortages, Finance Minist...
Apr 21, 2023
India court rejects Xiaomi’s challenge to $676 million asset freeze – Live Law
NEW DELHI (Reuters) - A court in India's Karnataka state has rejected China-based Xiaomi Corp's petition challenging the seizure of 55.51 billion rupees ($676.35 million) by the Enforcement Directorat...
Apr 21, 2023
Sri Lanka consumer inflation dips to 49.2% y/y in March
(Reuters) - Sri Lanka's National Consumer Price Index (NCPI) eased to 49.2% year-on-year in March, after a 53.6% rise in February, the statistics department said on Friday. The NCPI captures broader r...
Apr 21, 2023
Credit Suisse saw record fund outflows during March turmoil, data shows
LONDON (Reuters) - Credit Suisse saw investors pull a record 4.6 billion euros ($5.04 billion)out of its funds at the height of the bank's troubles last month, data published on Friday showed. The dat...
Apr 21, 2023
Brazil’s Campos Neto: central bank independence is crucial for the economy
By Libby George and Jorgelina do Rosario LONDON (Reuters) -Brazil's central bank Governor Roberto Campos Neto said on Friday that the bank's independence is crucial for the country's economy, as polit...
Apr 21, 2023
Peoria, IL, USA
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