Category Archives:
Wells Fargo profit falls on higher loan loss reserves
(Reuters) -Wells Fargo & Co on Friday reported a decline in profit for the third quarter as the bank set aside more money in preparation for a hit from a potential economic slowdown. Provision for cre...
Oct 14, 2022
JPMorgan profit down 17% as dealmaking slumps
(Reuters) -JPMorgan Chase & Co reported a 17% drop in third-quarter profit on Friday, as rising U.S. interest rates sapped the appetite for deals and weighed on its investment-banking arm. Profit for ...
Oct 14, 2022
UK climate change protesters throw soup at van Gogh’s ‘Sunflowers’
LONDON (Reuters) -Climate change protesters on Friday threw soup over Vincent van Gogh's painting "Sunflowers" at London's National Gallery, the Just Stop Oil campaign group said. A video posted by th...
Oct 14, 2022
Woolworths says data of online unit’s 2.2 million users breached
(Reuters) - Australia's Woolworths Group Ltd said on Friday its majority-owned online retailer MyDeal identified that a "compromised user credential" was used to access its systems that exposed data o...
Oct 14, 2022
Texas Teachers’ Pension to cut China target allocation
(Reuters) - The $184 billion Texas Teachers' pension fund is set to settle on a new emerging markets stock benchmark, a move that will cut its exposure to Chinese stocks by half. Teacher Retirement Sy...
Oct 14, 2022
Hyundai’s air taxi unit picks Honeywell as avionics supplier
By Allison Lampert and Abhijith Ganapavaram (Reuters) - Hyundai Motor Co's air taxi unit has picked aerospace supplier Honeywell International Inc to develop avionics systems for its eVTOL (electric v...
Oct 14, 2022
Beyond Meat slashes revenue forecast on rising inflation, to cut 200 jobs
(Reuters) -Faux-meat maker Beyond Meat Inc on Friday slashed its annual revenue forecast due to rising inflation, and said it was cutting about 200 jobs, or 19% of its total workforce. The company sai...
Oct 14, 2022
Georgia U.S. Senate rivals Herschel Walker and Raphael Warnock set for showdown
By David Morgan WASHINGTON (Reuters) - Republican Herschel Walker's bid to unseat Democratic U.S. Senator Raphael Warnock of Georgia comes to a head on Friday when they meet for their sole televised d...
Oct 14, 2022
Alex Jones faces long odds hiding assets after $1 billion Sandy Hook verdict, experts say
By Jack Queen (Reuters) - Right-wing conspiracy theorist Alex Jones has vowed to fight a nearly $1 billion defamation verdict against him, but experts say neither bankruptcy nor an appeal of a Connect...
Oct 14, 2022
UnitedHealth raises 2022 earnings forecast
(Reuters) -UnitedHealth Group Inc reported a 28.8% increase in quarterly profit on Friday and raised its full-year profit forecast, helped by growth in its Optum health services unit and lower medical...
Oct 14, 2022
Peoria, IL, USA
75 °F Partly cloudy
