Category Archives:
Penguin Random House scraps $2.2 billion deal to merge with Simon & Schuster
WASHINGTON (Reuters) - Penguin Random House, the world's largest publisher, and rival Simon & Schuster have scrapped a $2.2 billion deal to merge, Penguin owner Bertelsmann said in a statement. Bertel...
Nov 21, 2022
U.S. Senate to hold FTX hearing on Dec. 1, CFTC chairman to testify
(Reuters) - The U.S. Senate Agriculture Committee on Thursday said it will hold a hearing on Dec. 1 to examine the sudden collapse of FTX, one of the world's biggest crypto exchanges. FTX filed for ba...
Nov 21, 2022
Fed’s Mester says she supports smaller rate hike in December
(Reuters) -The Federal Reserve can downshift to smaller interest rate hike increments from next month as it fine-tunes its policy actions to help bring down high inflation while keeping the economy hu...
Nov 21, 2022
U.S. Supreme Court takes up Jack Daniel’s dog toy trademark rumpus
By Blake Brittain WASHINGTON (Reuters) - The U.S. Supreme Court on Monday decided to referee a dog fight, agreeing to hear a bid by liquor brand Jack Daniel's to stop a company that sells dog toys fro...
Nov 21, 2022
Factbox-What’s at stake in Georgia’s U.S. Senate runoff?
WASHINGTON (Reuters) - For the second time in less than two years, a U.S. Senate race in Georgia will go to a runoff, this time between incumbent Democrat Raphael Warnock and his Donald Trump-backed c...
Nov 21, 2022
Vehicle plows into Boston-area Apple store, killing at least one person
(Reuters) - A sports utility vehicle crashed into an Apple retail store near Boston on Monday morning, killing one person and sending at least 16 others to the hospital, authorities and local media sa...
Nov 21, 2022
DraftKings says login information of some customers compromised
(Reuters) - Sports-betting firm DraftKings Inc said on Monday login information of some customers was compromised on other websites. DraftKings said it had identified less than $300,000 of customer fu...
Nov 21, 2022
U.S. business equipment borrowings grew 6% in October- ELFA
(Reuters) - U.S. companies borrowed 6% more in October to finance equipment investments compared with a year earlier, industry body Equipment Leasing and Finance Association (ELFA) said on Monday. The...
Nov 21, 2022
Analysis-Global financial system needs mosaic of reforms to fund climate needs
By Simon Jessop and Valerie Volcovici SHARM EL-SHEIKH, Egypt (Reuters) - A deal struck at the COP27 climate talks in Egypt calls for an overhaul of the post-World War Two international financial archi...
Nov 21, 2022
Investors flock to short crypto funds, products as negative sentiment deepens -CoinShares
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - Institutional investors rushed to crypto products that bet on price declines, posting record inflows, as the collapse of digital asset exchange FTX rip...
Nov 21, 2022
Peoria, IL, USA
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