Category Archives:
Fed’s Evans backs ‘front-loaded’ rate hikes, then measured pace
By Dan Burns (Reuters) - Chicago Federal Reserve Bank President Charles Evans on Tuesday said he supports an initial burst of monetary policy tightening, and then a more "measured" pace of rate hikes ...
May 17, 2022
U.S. Justice Dept requests Jan 6 committee transcripts -panel chair
By Patricia Zengerle WASHINGTON (Reuters) - The U.S. Department of Justice asked the House of Representatives committee investigating last year's attack on the U.S. Capitol to turn over some transcrip...
May 17, 2022
Retired Canton Police K9 passes away
CANTON, Ill. -Canton Police are mourning the loss of one of their own — a K9 officer who both worked hard and was beloved. Canton Police say K-9 officer Jack passed away May 9th, about six years...
May 17, 2022
Glass Lewis backs McDonald’s directors in boardroom fight with Carl Icahn
By Svea Herbst-Bayliss BOSTON (Reuters) - Proxy advisory firm Glass Lewis on Tuesday recommended McDonald's Corp investors vote for the company's directors, dealing a setback to billionaire investor C...
May 17, 2022
Australian banks enter tech arms race as rising rates squeeze profit
By Byron Kaye SYDNEY (Reuters) - The 10-minute home loan - at the tap of a smartphone screen - is emerging as the next frontier in Australian banking as rising interest rates quash a pandemic-fuelled ...
May 17, 2022
Architect of Allianz fraud made $60 million as he lied to investors, U.S. says
By Tom Sims, Alexander Hbner and John O'Donnell FRANKFURT (Reuters) - The star portfolio manager at the centre of a fraud at the U.S. funds unit of Allianz SE relied on the German insurer's good name ...
May 17, 2022
Cannes Film Festival opens with Zelenskiy appeal to world cinema
By Mimosa Spencer CANNES, France (Reuters) - The Cannes Film Festival opened up Tuesday with crowded red carpet arrivals, a star-studded ceremony and a call from Ukraine President Volodymyr Zelenskiy ...
May 17, 2022
U.S. sues to compel former casino magnate Wynn to register as agent of China
WASHINGTON (Reuters) - The U.S. Justice Department on Tuesday sued former Wynn Resorts CEO Steve Wynn to compel him to register under the Foreign Agents Registration Act as an agent of China. The depa...
May 17, 2022
Elon Musk’s SpaceX is poised to become the most valuable U.S. startup
By Krystal Hu (Reuters) - Billionaire Elon Musk's SpaceX is poised to become the most valuable U.S. startup as its valuation rose to over $125 billion in an ongoing share sale in the secondary market,...
May 17, 2022
U.S. Senator Manchin backs Michael Barr for top Fed regulatory job
By Pete Schroeder (Reuters) - U.S. Democratic Senator Joe Manchin, who on occasions votes against his party in the evenly split Senate, said on Tuesday he intends to support Michael Barr for Federal R...
May 17, 2022
Peoria, IL, USA
63 °F Overcast
