Category Archives:
Morgan Stanley lowers CEO Gorman’s 2022 compensation to $31.5 million
(Reuters) - Morgan Stanley Chief Executive Officer James Gorman's total compensation for 2022 slipped 10% to $31.5 million, the bank said on Friday. Gorman's total compensation will include an annual ...
Jan 20, 2023
U.S. House Speaker McCarthy says accepts Biden’s invitation to talk on debt limit
WASHINGTON (Reuters) - U.S. House Speaker Kevin McCarthy said on Friday he would accept an invitation from President Joe Biden to sit down and discuss how to raise the U.S. debt limit. McCarthy, the t...
Jan 20, 2023
U.S. man gets 60 years for sex trafficking, extorting college students
By Brendan O'Brien (Reuters) - A New Jersey man was sentenced to 60 years in prison on Friday on U.S. sex trafficking and other charges for grooming, abusing and extorting millions of dollars from a g...
Jan 20, 2023
Fed can likely slow runoff as bank reserves near 10% to 11% of GDP
(Reuters) - The Federal Reserve can probably start to slow its balance sheet runoff once bank reserves fall to around 10% or 11% of gross domestic product, Fed Governor Christopher Waller said on Frid...
Jan 20, 2023
U.S. fines J&J $9.75 million over kickbacks to surgeon for overseas surgeries
By Jonathan Stempel (Reuters) - Johnson & Johnson and its DePuy Synthes unit will pay $9.75 million to settle U.S. Department of Justice accusations that DePuy illegally provided free products to a Ma...
Jan 20, 2023
Man arrested on weapons charges following traffic stop
PEORIA, Ill. – A Peoria man is in trouble with the law for allegedly having a gun in his possession. Peoria Police say it started around 2:15 a.m. Friday at Newman Parkway and Mission Road in Ce...
Jan 20, 2023
Leak probe highlights U.S. Supreme Court’s problems protecting information
By Nate Raymond and John Kruzel WASHINGTON (Reuters) - The investigation into the leak of a draft of last year's Supreme Court ruling overturning the national right to abortion laid bare a persistent ...
Jan 20, 2023
Samsung loses bid to pause Caltech patent lawsuit over wireless chips
By Blake Brittain (Reuters) - Samsung Electronics Co failed to convince an East Texas federal court on Friday to pause the California Institute of Technology's high-stakes patent lawsuit against it wh...
Jan 20, 2023
French court orders Uber to pay some $18 million to drivers, company to appeal
By Tassilo Hummel PARIS (Reuters) - French court on Friday ordered Uber to pay around 17 million euros ($18.43 million) in damages and lost salaries to a group of drivers who argued they should have b...
Jan 20, 2023
GM, LG Energy drop plan for fourth U.S JV battery plant
WASHINGTON (Reuters) - General Motors Co and LG Energy Solution do not plan to move forward with a fourth U.S. battery cell manufacturing plant, sources told Reuters on Friday. The companies joint ven...
Jan 20, 2023
Peoria, IL, USA
49 °F Partly cloudy
