Category Archives:
American Airlines launches rights issue plan to protect $16.5 billion tax benefit
(Reuters) - American Airlines Group Inc said on Wednesday it was seeking shareholder approval for a rights offering plan to avert any hostile takeovers and preserve a $16.5 billion tax benefit, as the...
Dec 22, 2021
Wood’s flagship ARK fund deep in the red, yet investors stay loyal
By David Randall NEW YORK (Reuters) - One year after her Ark Innovation ETF than doubled and made her a household name, star stock picker Cathie Wood is poised to join a small club that no one aspires...
Dec 22, 2021
Jury in Wright shooting trial resumes deliberations after hint of possible deadlock
By Nathan Layne (Reuters) - The jury resumed deliberations for a third day in the trial of Kimberly Potter, the former Minnesota police officer who mistook her handgun for her Taser and killed Black m...
Dec 22, 2021
Local teachers sue over Illinois’ COVID mandates
WOODFORD COUNTY, Ill. — Teachers in two Woodford County school districts are part of a lawsuit challenging Illinois’ COVID-19 mitigation efforts as an employment requirement. According to ...
Dec 22, 2021
U.S. consumer confidence improves further in December
WASHINGTON (Reuters) - U.S. consumer confidence improved further in December, suggesting the economy would continue to expand in 2022 despite a resurgence in COVID-19 infections and reduced fiscal sti...
Dec 22, 2021
U.S. existing home sales rise in November; supply remains tight
WASHINGTON (Reuters) - U.S. home sales increased for a third straight month in November, but supply remained tight, keeping house prices elevated and squeezing first-time buyers out. Existing home sal...
Dec 22, 2021
Amazon sues financial crime agency in latest twist of Indian battle
By Aditya Kalra and Abhirup Roy NEW DELHI (Reuters) - Amazon.com Inc is taking India's financial crime fighting agency to court, seeking to quash an investigation into one of its 2019 deals, a court f...
Dec 22, 2021
Credit Suisse sacks staff after review into Greensill funds collapse
By Brenna Hughes Neghaiwi ZURICH (Reuters) - Credit Suisse has sacked staff and imposed financial penalties on a number of individuals following a review into the collapse of its Greensill-linked supp...
Dec 22, 2021
U.S. mortgage application volumes near 2-year low
(Reuters) - The volume of U.S. mortgage applications slid to the lowest in nearly two years last week on the back of a 3% drop in applications for loans to purchase a home, data out on Wednesday showe...
Dec 22, 2021
Wall St opens lower as Omicron worries persist
(Reuters) - Wall Street's main indexes opened lower on Wednesday, as worries lingered around the Omicron variant of the coronavirus and its impact on the global economic recovery. The Dow Jones Indust...
Dec 22, 2021
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