Category Archives:
Explainer-How the U.S. drug pricing law affects Medicare and its members
By Ahmed Aboulenein WASHINGTON (Reuters) - U.S. President Joe Biden last month signed the $430 billion Inflation Reduction Act, authorizing the federal government to negotiate prices on some prescript...
Sep 13, 2022
Event to raise awareness about the Madison Theater project
PEORIA, Ill. — A $39 million project has begun in downtown Peoria. The Madison Theater Preservation Association, which now owns the historic theater, is raising awareness about what they’r...
Sep 13, 2022
IMF confirms discussions about expanding emergency aid for food shocks
By Andrea Shalal WASHINGTON (Reuters) - The International Monetary Fund (IMF) on Tuesday confirmed that it is looking into expanding its lending toolkit to help countries hit by the food crisis, inclu...
Sep 13, 2022
Morgan Stanley says rise in interest rates hurts mortgage demand
(Reuters) - Morgan Stanley has seen moderation in loan growth and a lower mortgage demand due to rising interest rates, co-President Andrew Saperstein said in a conference on Tuesday. Decades-high inf...
Sep 13, 2022
JPMorgan says will be careful about banker cuts amid investment banking downturn
By Saeed Azhar and Lananh Nguyen NEW YORK (Reuters) - JPMorgan Chase & Co will maintain caution on its staffing levels despite the recent downturn in investment banking, its president said on Tuesday....
Sep 13, 2022
Honda considers listing electric motorcycle business – WSJ
(Reuters) - Honda Motor Co Ltd is considering taking its electric motorcycle unit public, the Wall Street Journal reported on Tuesday, citing the Japanese manufacturer's managing officer Yoshishige No...
Sep 13, 2022
U.S. signs deal with Google to develop chips for researchers
WASHINGTON (Reuters) - The U.S. Commerce Department said it reached a cooperative research and development agreement with Google to produce chips that researchers can use to develop new nanotechnology...
Sep 13, 2022
Canada’s Trudeau announces C$4.5 billion inflation relief package for low earners
(Reuters) - Canadian Prime Minister Justin Trudeau announced C$4.5 billion ($3.43 billion) in measures on Tuesday intended to provide relief from high inflation to low-income families. The measures in...
Sep 13, 2022
Monte dei Paschi’s junior debt rallies on Anima’s support for cash call
MILAN (Reuters) - Junior bonds in Monte dei Paschi di Siena (MPS) rallied on Tuesday, adding to the previous day's gains, supported by news of possible investor interest in a planned 2.5 billion euro ...
Sep 13, 2022
Mexico lauds U.S. commerce secretary for stance on energy spat
MEXICO CITY (Reuters) - Mexican President Andres Manuel Lopez Obrador on Tuesday hailed U.S. Commerce Secretary Gina Raimondo for her attitude in talks this week, saying she gave no indication of want...
Sep 13, 2022
Peoria, IL, USA
43 °F Overcast
