Category Archives:
Fidelity brokerage’s ‘rubber-stamping’ allowed meme stock abuses, regulator says
By Jonathan Stempel (Reuters) - Massachusetts' securities regulator on Wednesday charged Fidelity Brokerage Services with improperly "rubber-stamping" applications to trade options, saying the "blatan...
Jan 26, 2022
UBS steps up U.S. push with $1.4 billion Wealthfront purchase
By Michael Shields ZURICH (Reuters) - Swiss bank UBS has agreed to buy U.S.-focused automated wealth management provider Wealthfront, which has more than $27 billion in assets under management, in an ...
Jan 26, 2022
Union calls 1%/year pay increase offer for U.S. refinery workers ‘ridiculous’
HOUSTON (Reuters) - The United Steelworkers union (USW) called a 1% per year pay increase offered by lead oil industry negotiator Marathon Petroleum "ridiculous," according to a message sent to member...
Jan 26, 2022
Tesla shares jump ahead of report; investors eye factories, Cybertruck
(Reuters) - Shares of Tesla Inc rallied on Wednesday ahead of the electric car maker's quarterly report after the bell, with investors focused on how quickly the company can scale production at new fa...
Jan 26, 2022
U.S. Justice Breyer fortified abortion rights, doubted death penalty
By Lawrence Hurley WASHINGTON (Reuters) - U.S. Supreme Court Justice Stephen Breyer has authored pivotal rulings bolstering abortion rights and safeguarding a landmark healthcare law while questioning...
Jan 26, 2022
Biden’s nominee to replace Justice Breyer to receive ‘prompt’ Senate hearing – Schumer
(Reuters) - U.S. President Joe Biden's nominee to replace Liberal Justice Stephen Breyer on the Supreme Court will receive a "prompt hearing" and will be considered and confirmed by the full Senate wi...
Jan 26, 2022
Analysis-Stock selloff is far from forcing the Fed to blink
By David Randall and Tommy Wilkes NEW YORK/LONDON (Reuters) - Those clinging to a decade-old belief that the Fed will mount a rescue of tanking stock markets with a last-minute pushback on the timing ...
Jan 26, 2022
Brazil sees 2022 public debt as high as 6.4 trillion reais
BRASILIA (Reuters) - Brazil's outstanding public debt is expected to increase this year to a range between 6 trillion reais and 6.4 trillion reais, up 14% from last year's 5.614 trillion reais ($1.03 ...
Jan 26, 2022
Deutsche Bank announces 300 million euro share buyback, dividend payment for 2021
FRANKFURT (Reuters) - Deutsche Bank said on Wednesday it will undertake a 300 million euro ($338.52 million) share buyback and pay a dividend for 2021. The share buyback will be completed in the first...
Jan 26, 2022
Elie Saab brings vibrant looks to Paris catwalk on return
By Mimosa Spencer PARIS (Reuters) - Lebanese fashion designer Elie Saab returned to the Paris catwalk after nearly two years, turning the page on a troubled period marked by the Beirut port blast and ...
Jan 26, 2022
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