Category Archives:
Republican takeover of U.S. Congress would mean tax fights are back
By David Lawder WASHINGTON (Reuters) - Republicans aiming to win control of Congress on Tuesday say they plan to force President Joe Biden into a difficult choice on taxes: sign Republican legislation...
Nov 04, 2022
Financial watchdog orders Deutsche Bank to step up money laundering controls
FRANKFURT (Reuters) - The German financial regulator BaFin said on Friday it has ordered Deutsche Bank to take specific measures to better prevent money laundering and terrorism financing. (Reporting ...
Nov 04, 2022
U.S. Supreme Court to hear Amgen bid to revive cholesterol drug patents
By Blake Brittain WASHINGTON (Reuters) - The U.S. Supreme Court on Friday agreed to hear Amgen Inc's bid to revive patents on its cholesterol drug Repatha that were invalidated due to a legal challeng...
Nov 04, 2022
Some small shareholders in Swedish Match sell out ahead of bid deadline
By Marie Mannes (Reuters) - Swedish Match's small shareholders have sold parts or all of their holdings to lock in profits even though they oppose Marlboro-maker Philip Morris International's $16 bill...
Nov 04, 2022
Fed proposes to disclose which depository institutions have master accounts
By Hannah Lang (Reuters) - The U.S. Federal Reserve is seeking comment on a proposal to publish a list of depository institutions that have access to master accounts, which grant firms access to Fed p...
Nov 04, 2022
Auto parts maker Magna trims sales forecast on high costs, supply woes
By Priyamvada C (Reuters) -Canadian auto parts maker Magna International Inc lowered its annual sales forecast after missing estimates for third-quarter profit on Friday, as supply chain snags and hig...
Nov 04, 2022
Explainer-Will Twitter layoffs violate U.S. law?
By Daniel Wiessner (Reuters) - Twitter Inc has begun laying off employees under its new owner, Elon Musk. The San Francisco-based social media giant is expected to terminate up to 3,700 people - half ...
Nov 04, 2022
Contextualizing cash bail’s end
SPRINGFIELD, Ill. (Capitol News Illinois) - While a new law overhauling Illinois' system of pretrial detention continues to face scrutiny ahead of its Jan. 1 implementation date, new research suggests...
Nov 04, 2022
Still-strong U.S. jobs report may show weakening in some of the details
By Howard Schneider WASHINGTON (Reuters) - The headline number in the U.S. October jobs report released on Friday showed firms adding a more-than-expected 261,000 jobs and hourly wages continuing to r...
Nov 04, 2022
US EPA allowed two-week extension to issue biofuel blending proposal
By Stephanie Kelly and Jarrett Renshaw NEW YORK (Reuters) - The U.S. Environmental Protection Agency and a biofuels trade group have agreed to extend by two weeks a deadline the agency has to issue a ...
Nov 04, 2022
Peoria, IL, USA
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