Category Archives:
Merck avoided billions in U.S. tax by offshoring Keytruda profits – senator
By Michael Erman (Reuters) - Drugmaker Merck & Co avoided billions of dollars of U.S. taxes in recent years on its top-selling cancer drug Keytruda by booking all the profits from the treatment outsid...
Jul 27, 2022
Exclusive: EU found evidence employee phones compromised with spyware -letter
By Raphael Satter (Reuters) - The European Union found evidence that smartphones used by some of its staff were compromised by an Israeli company's spy software, the bloc's top justice official said i...
Jul 27, 2022
Biden tested negative for COVID, his physician says
WASHINGTON (Reuters) - U.S. President Joe Biden tested negative for COVID-19 on Tuesday evening and Wednesday morning after getting infected with the coronavirus last week, his physician said in a mem...
Jul 27, 2022
U.S. pending home sales tumble in June as mortgage rate soar
WASHINGTON (Reuters) - Contracts to buy U.S. previously owned homes fell more than expected in June as rising mortgage rates and higher house prices continued to reduce affordability for entry-level a...
Jul 27, 2022
U.S. FAA proposes that new planes have a second flight deck barrier
By David Shepardson WASHINGTON (Reuters) - The Federal Aviation Administration (FAA) said on Wednesday it is proposing to require new passenger airplanes have a second barrier to the flight deck. The ...
Jul 27, 2022
Brazil’s Lula says doesn’t need spending cap, knows can’t spend more than he has
SAO PAULO (Reuters) - Brazil's presidential frontrunner Luiz Inacio Lula da Silva, who led Latin America's largest economy from 2003 to 2010 and is now looking for a comeback, said on Wednesday the co...
Jul 27, 2022
Televisa’s Sky unit to offer new mobile services with AT&T network
MEXICO CITY (Reuters) - Mexico's Grupo Televisa's satellite television unit SKY will offer new mobile services with AT&T's network in the second half of this quarter, SKY's chief executive Luis Malvid...
Jul 27, 2022
G7 aim to have price cap on Russian oil in place before Dec 5
By Jan Strupczewski BRUSSELS (Reuters) - The Group of Seven richest economies aim to have a price-capping mechanism on Russian oil exports in place by Dec. 5, when European Union sanctions banning sea...
Jul 27, 2022
Exclusive: EU antitrust regulators likely to block Illumina, Grail deal – sources
BRUSSELS (Reuters) - EU antitrust regulators are expected to veto U.S. life sciences firm Illumina's acquisition of biotechnology company Grail, people familiar with the matter said on Wednesday. Ther...
Jul 27, 2022
Toyota to cut domestic production by 4,000 vehicles in July after rain snarls supplies
TOKYO (Reuters) - Toyota Motor Corp will cut domestic production by around 4,000 vehicles in July, it said on Wednesday, after heavy rain disrupted parts supplies, raising the possibility it could fal...
Jul 27, 2022
Peoria, IL, USA
49 °F Partly cloudy
