Category Archives:
Exxon signals strong Q4 profit to drive annual record
By Sabrina Valle (Reuters) - Exxon Mobil Corp on Wednesday signaled another strong operational profit in its fourth quarter, pushing it toward a record profit for all of 2022. In a securities filing, ...
Jan 04, 2023
U.S. judge says Celsius Network owns most customer crypto deposits
By Dietrich Knauth (Reuters) - A U.S. bankruptcy judge ruled on Wednesday that Celsius Network owns most of the cryptocurrency that customers deposited into its online platform, meaning most Celsius c...
Jan 04, 2023
Samsung’s quarterly profit set to hit 6-year low as consumers hunker down
By Joyce Lee SEOUL (Reuters) - Samsung Electronics Co Ltd's quarterly profit will likely plunge 58% to its lowest in six years as a global economic downturn saps demand for electronic devices and clou...
Jan 04, 2023
U.S. Senate Commerce chair plans hearings after Southwest Airlines meltdown
By David Shepardson WASHINGTON (Reuters) -U.S. Senate Commerce Committee chair Maria Cantwell on Wednesday said the panel intended to hold hearings after Southwest Airlines' recent meltdown that led t...
Jan 04, 2023
Amazon to lay off over 17,000 workers – WSJ
(Reuters) - Amazon.com Inc is planning to lay off more than 17,000 workers, 7,000 more than initially expected, the Wall Street Journal reported on Wednesday. The e-commerce giant in November began la...
Jan 04, 2023
Explainer-What does the FDA’s new rule mean for the fight over abortion pills?
By Brendan Pierson (Reuters) - The U.S. Food and Drug Administration on Tuesday finalized a rule allowing mifepristone, one of two drugs used in medication abortions, to be dispensed by retail pharmac...
Jan 04, 2023
Trump’s plea to back McCarthy falls flat with hardline U.S. House Republicans
By Gram Slattery WASHINGTON (Reuters) - Donald Trump failed on Wednesday to persuade 20 fellow Republicans in the U.S. House of Representatives to fall in line behind Kevin McCarthy's bid for speaker,...
Jan 04, 2023
Pritzker, local sheriff talk about Pretrial Fairness Act
CHICAGO, Ill./PEKIN, Ill. – Governor JB Pritzker, in his first public comments since the Illinois Supreme Court put on hold the “Pretrial Fairness Act” portion of the state’s &...
Jan 04, 2023
U.S. judge cuts damages imposed on organizers of 2017 ‘Unite the Right’ rally
By Kanishka Singh (Reuters) - A federal judge cut by millions of dollars damages that were imposed on organizers of the 2017 "Unite the Right" white nationalist rally in Charlottesville, Virginia, cit...
Jan 04, 2023
Apple to sign Luxshare for iPhone production in China – FT
(Reuters) -Apple Inc is set to sign up Chinese contract manufacturer Luxshare Precision Industry Co Ltd to produce premium iPhone models, the Financial Times reported on Wednesday, citing sources fami...
Jan 04, 2023
Peoria, IL, USA
38 °F Partly cloudy
