Category Archives:
Groups want lawmakers to end natural gas surcharge on utility bills
UPDATED 5:54 P.M. SPRINGFIELD, Ill. – Some special interest groups in Illinois are calling on lawmakers to end a natural gas surcharge Ameren and other utilities tack on to your energy bill, a c...
Jan 31, 2022
Sony to buy videogame developer Bungie in $3.6 billion deal
(Reuters) - Sony Interactive Entertainment will acquire videogame developer Bungie Inc in a deal valued at $3.6 billion, the companies said on Monday, making this the third deal this month in a fast c...
Jan 31, 2022
Exxon unveils sweeping restructuring in latest cost cutting move
By Sabrina Valle HOUSTON (Reuters) -Exxon Mobil Corp on Monday disclosed a sweeping restructuring of its global operations that will combine its refining and chemicals businesses into one, and put its...
Jan 31, 2022
Credit Suisse unveils new wealth management structure with Huber COO
ZURICH (Reuters) - Credit Suisse Wealth Management division's new boss Francesco De Ferrari has laid out a new structure from March 1 that revamps its business areas for Europe and Latin America and n...
Jan 31, 2022
Fed’s George: aggressive balance sheet reduction may allow shallower rate path
(Reuters) - The Federal Reserve can move sooner to start reducing its bond holdings than in the past and aggressive action to shrink the U.S. central bank's portfolio could allow it to take a shallowe...
Jan 31, 2022
Qatar Airways to order up to 50 Boeing 737 MAX -source
(Reuters) - Qatar Airways is set to place a provisional order for up to 50 Boeing 737 MAX jets as part of a potential 100-plane, $30-billion-plus package to be signed in Washington on Monday, a person...
Jan 31, 2022
Rare Franz Marc painting goes on sale after returning to family that fled Nazis
By Hanna Rantala LONDON (Reuters) - A rare painting by German expressionist Franz Marc - returned last year from a museum to the descendents of a Jewish collector who fled the Nazis - is expected to s...
Jan 31, 2022
Fed’s Daly supports rate liftoff in March, interest rates at 1.25% by end of year
(Reuters) - The U.S. Federal Reserve should start raising interest rates from near zero in March and can comfortably raise them to 1.25% by the end of the year to help rein in inflation but keep suppo...
Jan 31, 2022
Union battle unfolds at GM in Mexico ahead of workers’ vote
By Daina Beth Solomon MEXICO CITY (Reuters) - More than 6,000 General Motors workers in Mexico will elect a new union this week as an upstart group supported by international activists aims to beat on...
Jan 31, 2022
Longtime local business closing after death of owner
PEORIA, Ill. – A longtime Peoria business and self-described “largest camera shop in downstate Illinois” is closing after about 85 years in business. Peoria Camera Shop, in the Metro...
Jan 31, 2022
Peoria, IL, USA
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