Category Archives:
Most U.S. local governments opt to join $26 billion opioid settlement
By Nate Raymond BOSTON (Reuters) - U.S. cities and counties have embraced a proposed settlement worth up to $26 billion resolving lawsuits alleging three large drug distributors and drugmaker Johnson ...
Syndicated Content Jan 26, 2022
U.S. Senate Democrats plan to move swiftly on Biden Supreme Court pick
By Richard Cowan WASHINGTON (Reuters) - Democrats who control the U.S. Senate plan to move President Joe Biden's upcoming nomination of a replacement for retiring Supreme Court Justice Stephen Breyer ...
Syndicated Content Jan 26, 2022
Biden administration kills Antofagasta’s Minnesota copper project
By Ernest Scheyder (Reuters) - The U.S. Department of the Interior canceled two mineral leases for Antofagasta Plc's proposed Twin Metals copper and nickel mine in Minnesota on Wednesday, effectively ...
Syndicated Content Jan 26, 2022
Defence company Leonardo has made no decision on DRS business sale
MILAN (Reuters) - Defence and aerospace group Leonardo said on Wednesday it had not taken a formal decision about a sale of a business line at its DRS division. Bloomberg reported on Wednesday that Le...
Syndicated Content Jan 26, 2022
Fed says bond maturity runoff will be main tool for shrinking balance sheet
By Jonnelle Marte (Reuters) - The Federal Reserve will rely primarily on letting bond holdings run off the balance sheet as they mature, rather than selling bonds outright, as it seeks to trim its mas...
Syndicated Content Jan 26, 2022
Instant View: FOMC reaffirms March for taper end, and, maybe, rate hike
NEW YORK (Reuters) - The Federal Reserve on Wednesday signaled it is likely to raise U.S. interest rates in March and reaffirmed plans to end its bond purchases that month before launching a significa...
Syndicated Content Jan 26, 2022
Chevron shares hit record high ahead of 4th-quarter results
By Sabrina Valle HOUSTON (Reuters) - Shares of U.S. oil major Chevron Corp on Wednesday hit an all-time high amid a strong stock market rally and ahead of the release of Chevron's fourth-quarter finan...
Syndicated Content Jan 26, 2022
Fidelity brokerage’s ‘rubber-stamping’ allowed meme stock abuses, regulator says
By Jonathan Stempel (Reuters) - Massachusetts' securities regulator on Wednesday charged Fidelity Brokerage Services with improperly "rubber-stamping" applications to trade options, saying the "blatan...
Syndicated Content Jan 26, 2022
UBS steps up U.S. push with $1.4 billion Wealthfront purchase
By Michael Shields ZURICH (Reuters) - Swiss bank UBS has agreed to buy U.S.-focused automated wealth management provider Wealthfront, which has more than $27 billion in assets under management, in an ...
Syndicated Content Jan 26, 2022
Union calls 1%/year pay increase offer for U.S. refinery workers ‘ridiculous’
HOUSTON (Reuters) - The United Steelworkers union (USW) called a 1% per year pay increase offered by lead oil industry negotiator Marathon Petroleum "ridiculous," according to a message sent to member...
Syndicated Content Jan 26, 2022
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