Category Archives:
U.S. likely headed for economic ‘soft landing’ -White House’s Boushey
WASHINGTON (Reuters) - The U.S. economy appears headed for a soft landing, with recent economic data pointing to an ongoing recovery, not a recession, White House economist Heather Boushey told Reuter...
Jan 06, 2023
Wisconsin governor plans to ban TikTok from state government-owned devices
(Reuters) - Wisconsin Governor Tony Evers said Friday he plans to join other states in issuing an order to ban the use of the popular video app TikTok on government-managed devices. Evers, a Democrat,...
Jan 06, 2023
FTX and its debtors announce cooperation agreement
(Reuters) - FTX and its affiliated debtors announced their agreement for mutual cooperation in the chapter 11 cases of the FTX Debtors in Delaware and provisional liquidation of the cryptocurrency fir...
Jan 06, 2023
New Mexico Democrats’ homes, offices shot at over past month
By Andrew Hay (Reuters) - New Mexico police are investigating shots fired at an office of the state's attorney general last month in connection with attacks on residences and the business of four othe...
Jan 06, 2023
Jen Shah of ‘Real Housewives of Salt Lake City’ gets 6.5 years for fraud scheme
By Jack Queen (Reuters) - Reality TV star Jen Shah was sentenced to 6-1/2 years in prison on Friday after pleading guilty to running a nationwide telemarketing scam that bilked elderly victims of tens...
Jan 06, 2023
Party City plans bankruptcy filing within weeks – WSJ
(Reuters) - Party City Holdco Inc is preparing to file for bankruptcy within weeks as its cash dwindled and inflation dampened sales, the Wall Street Journal reported on Friday, citing people familiar...
Jan 06, 2023
U.S. FDA approves Eisai, Biogen’s Alzheimer’s drug
(Reuters) - The U.S. Food and Drug Administration approved Eisai Co Ltd's and Biogen Inc's Alzheimer's drug lecanemab for patients in the earliest stages of the mind-wasting disease, the agency said o...
Jan 06, 2023
Phillips 66 buys public units of pipeline operator DCP Midstream for $3.8 billion
(Reuters) - Phillips 66 said on Friday it acquired all publicly held units of DCP Midstream LP in a sweetened deal that values the pipeline operator at about $8.7 billion and will help bulk up the U.S...
Jan 06, 2023
Elon Musk says Twitter staff ‘error’ led to hiring Perkins Coie law firm
By David Thomas (Reuters) - Twitter Inc CEO Elon Musk said in an email to Reuters on Friday that hiring law firm Perkins Coie to defend the company in a California federal lawsuit this week was a mist...
Jan 06, 2023
Canada’s Ivey PMI hits 2-1/2 year low as firms slash inventories
TORONTO (Reuters) - Canadian economic activity contracted in December at the sharpest pace since the early stages of the COVID-19 pandemic as firms worked to reduce their stock of inventories, Ivey Pu...
Jan 06, 2023
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