Category Archives:
U.S. rejects Bill Hwang’s sandbagging claim in Archegos prosecution
By Jonathan Stempel NEW YORK (Reuters) - The U.S. Department of Justice forcefully rejected Bill Hwang's claim that it sandbagged him by concealing its plan to charge him with fraud over the collapse ...
Jan 13, 2023
U.S. consumer inflation expectations fall in January
WASHINGTON (Reuters) - U.S. consumers believe price pressures will ease considerably over the next 12 months, with a survey on Friday showing their one-year inflation outlook falling in January to the...
Jan 13, 2023
Biden tells Kishida U.S. strongly supports defense of Japan
WASHINGTON (Reuters) - U.S. President Joe Biden welcomed Japanese Prime Minister Fumio Kishida at the White House on Friday and told him that the United States strongly supports the defense of Japan. ...
Jan 13, 2023
Gucci hits runway as fashion world awaits new designer
By Mimosa Spencer and Elisa Anzolin PARIS/MILAN (Reuters) - Gucci kicked off Milan fashion week on Friday with a lineup of slouchy, androgynous menswear styles, forging ahead with its latest collectio...
Jan 13, 2023
Exclusive-Exxon prepares to start up $1.2 billion Texas oil refinery expansion – sources
By Erwin Seba (Reuters) - Exxon Mobil Corp in coming days will sharply boost gasoline and diesel production at its Beaumont, Texas, refinery, people familiar with the matter said, completing a $1.2 bi...
Jan 13, 2023
BNY Mellon to cut 1,500 jobs this year – WSJ
(Reuters) - Bank of New York Mellon Corp is planning to cut 1,500 jobs, or around 3% of its workforce, this year, the Wall Street Journal reported on Friday, citing people familiar with the matter. Th...
Jan 13, 2023
Dutch PM Rutte denies U.S. pressure over chip export policy
AMSTERDAM (Reuters) - The Netherlands is not feeling pressured by Washington to adopt new U.S. rules further restricting semiconductor technology exports to China, Dutch Prime Minister Mark Rutte said...
Jan 13, 2023
Bed Bath & Beyond in talks with Sycamore Partners for sale of assets – NYT
(Reuters) - Bed Bath & Beyond Inc is in talks with private equity firm Sycamore Partners for the sale of its assets, including its buybuy Baby stores, as part of a possible bankruptcy process, the New...
Jan 13, 2023
Eight dead, more casualties expected after tornadoes rip through U.S. Southeast
By Tyler Clifford (Reuters) - Rescue teams were searching for missing people in central Alabama on Friday and the death toll was expected to climb, local officials said, after thunderstorms and tornad...
Jan 13, 2023
Analysis-Russia may hike taxes as military spending, oil price weigh on budget
By Darya Korsunskaya MOSCOW (Reuters) - Russia is becoming too dependent on oil revenues to support its budget as it ramps up military spending, economists said, warning that the government may have t...
Jan 13, 2023
Peoria, IL, USA
70 °F Partly cloudy
