BUSINESS

A person is silhouetted against a logo sign of the Apple Store in the Grand Central Terminal in the Manhattan borough of New York City, New York, U.S., January 4, 2022.

Apple Will Not Challenge Maryland Store Unionization Vote

Apple Inc will not challenge the results of a vote by workers at its Towson, Maryland, store to unionize and intends to participate in the bargaining process in good faith, a person familiar with the company's plans told Reuters on Friday.
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People walk by a Walgreens, owned by the Walgreens Boots Alliance, Inc., in Manhattan, New York City, U.S., November 26, 2021.

Walgreens Reaches $105 Million Settlement With Shareholders

Walgreens Boots Alliance Inc agreed to pay $105 million to settle a long-running class-action lawsuit accusing it of misleading shareholders about how rising generic drug prices and reimbursement pressures would hurt its pharmacy business.
Traders work on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., March 7, 2022.

Wall Street Climbs Over 2% At End Of Strong Week

Wall Street's main indexes jumped more than 2% on Friday as signs of slowing economic growth and a recent pullback in commodity prices tempered expectations for the Federal Reserve's rate-hike plans and set stocks on course for strong weekly gains.
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U.S. Crypto Firm Harmony Hit By $100 Million Heist

U.S. crypto firm Harmony said on Friday that thieves stole around $100 million worth of digital coins from one of its key products, the latest in a string of cyber heists on a sector long targeted by hackers.
Bank of Japan Deputy Governor Masayoshi Amamiya speaks during a Reuters Newsmaker event in Tokyo, Japan July 5, 2019.

BOJ Deputy Governor Repeats Vigilance Of FX Impact On Economy

The Bank of Japan must closely watch the impact currency moves could have on the economy, its deputy governor Masayoshi Amamiya said on Friday, reiterating a warning over the damage the currency's fall to 24-year lows may have on a fragile recovery.
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EU Plans For Life Without Russian Gas Amid Inflation Spike

EU leaders on Friday warned that "cheap energy is gone" and agreed to boost preparations for further cuts in Russian gas, accusing Moscow of "weaponising" energy via a supply squeeze which Germany warned could partly shut its industry.

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