Category Archives:
Factbox-Activist investor Bluebell’s offensive against European giants heats up
(Reuters) - Activist hedge fund Bluebell Capital Partners shows no sign of halting its run of challenging the policies and executives of some of the world's biggest companies. The group has taken on t...
Jan 11, 2023
HSBC expects Fed’s final rate hike on Feb. 1, cuts next year
NEW YORK (Reuters) - The Federal Reserve will likely hike its target interest rate for the last time at its Jan. 31-Feb. 1 monetary policy meeting, raising it by 50 basis points (bps) to a range of 4....
Jan 11, 2023
U.S. to announce list of drugs for pricing negotiations Sept. 1
By Ahmed Aboulenein WASHINGTON (Reuters) - The U.S. government will announce a list of 10 prescription drugs for which it plans to negotiate the prices for Medicare recipients on Sept. 1, and the pric...
Jan 11, 2023
Royal Mail’s export services disrupted after ‘cyber incident’
LONDON (Reuters) -Britain's Royal Mail said on Wednesday it was facing severe disruption to its international export services following what it described as "a cyber incident". "We are temporarily una...
Jan 11, 2023
EIA data shows surprise U.S. crude stock build after winter storm
By Arathy Somasekhar HOUSTON (Reuters) - U.S. crude stocks built unexpectedly last week, the Energy Information Administration said, as refiners were slow to restore production after a cold freeze tha...
Jan 11, 2023
Home Depot to change pay policy for hourly employees
(Reuters) - Home Depot Inc said on Wednesday it will change its pay policy for hourly employees starting Jan. 16, with associates being paid based on exact time punches. "Our policy has been to round ...
Jan 11, 2023
Ryanair to close its Brussels Airport base
(Reuters) -Ryanair is closing its Brussels Zaventem base because of the airport's decision to increase prices from April, it said on Wednesday. Europe's largest budget airline said the airport's decis...
Jan 11, 2023
ECB needs several more significant rate hikes, Rehn says
FRANKFURT (Reuters) -The European Central Bank must still raise interest rates "significantly" over its coming meetings to restrict growth and dampen inflation, which has been far too high, Finnish ce...
Jan 11, 2023
N.Y. Republicans to call for resignation of ‘disgraced’ Rep. George Santos
By Gram Slattery WASHINGTON (Reuters) -New York Republicans on Wednesday plan to call on newly elected U.S. Representative George Santos to resign, following revelations he fabricated much of his resu...
Jan 11, 2023
Judge rejects Tesla’s challenge to Calif. agency in race bias lawsuit
By Daniel Wiessner (Reuters) - Tesla Inc has suffered another setback in its bid to challenge the powers of California's Civil Rights Department, which is suing the electric carmaker over alleged race...
Jan 11, 2023
Peoria, IL, USA
55 °F Sunny
