New York Subway Shooting Victim Sues Glock
New York subway shooting victim sues Glock
Fed's Williams: "Critical" Central Banks Understand Impact Of Digital Money
The development of digital currency and payments technologies could change how the Federal Reserve conducts monetary policy and the composition of its balance sheet, issues the central bank will need to work to understand, New York Fed President John Williams said Wednesday.
UK Airlines Under Fire For Jubilee And Summer Getaway Chaos
UK airlines under fire for jubilee and summer getaway chaos
Cisco Systems: Time To Buy Or Time To Sell?
Cisco might still be a smart buy for long-term investors despite its recent volatility.
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India Lines Up Banks For E-commerce Effort To Take On Amazon, Walmart
India's effort to break Amazon Inc and Walmart Inc's dominance of its e-commerce sector, by establishing its own open network, has begun lining up banks and other key players needed to move it forward, sources familiar with the matter said.
Exclusive - Biden Administration Likely To Raise Ethanol Blending Volumes For 2021, Sources Say
The Biden administration is likely to raise ethanol blending mandates for 2021 above the figure it proposed in December to align with U.S.
Exclusive-Biden Administration Likely To Retroactively Raise Ethanol Blending Volumes For 2021, Sources Say
The Biden administration is likely to raise ethanol blending mandates for 2021 above the figure it proposed in December to align with actual U.S.
Dimon Calls For Quantitative Tightening To Tackle 'Unprecedented' Situation
Top U.S. bank CEOs on Wednesday flagged the growing risks to the economy from rising inflation, which is slowing consumer spending and threatens the push the world's biggest economy into a recession unless the Federal Reserve acts more forcefully.
Fed Would Struggle To Achieve Soft Landing, Wells Fargo CEO Warns
Wells Fargo & Co CEO warned on Wednesday that the Federal Reserve would find it "extremely difficult" to manage a soft landing of the economy as the central bank seeks to douse the inflation fire with jumbo interest rate hikes.
Stock Rally Not Enough To Save ARK From Record 7-month Losing Streak
A sharp rally in the broad U.S. stock market over the last week in May was not enough to save star stock picker Cathie Wood's ARK Innovation Fund from notching its seventh straight month of losses, extending the longest losing streak in its history.
U.S. Corporate Bonds Post First Positive Monthly Return This Year
U.S. corporate bonds posted their first positive monthly return this year in May as easing inflation jitters alleviated pressure on rates and the possibility of a less hawkish Federal Reserve mitigated concerns over companies' ability to repay their debt.
Turkey Renews Threat Of Military Offensive In Syria
Turkey renews threat of military offensive in Syria
Buick Says It Will 'Fully Electrify' North American Lineup By 2030
General Motors Co's Buick brand, once one of America's pioneer auto companies, said Wednesday that its future North American lineup will be all-electric by 2030.
Iran Building Collapse Feeds Protest Anger
Iran building collapse feeds protest anger
U.S., Taiwan To Launch Trade Talks After Island Excluded From Indo-Pacific Group
The United States will launch new trade talks with Taiwan, U.S.
U.S., Taiwan To Launch Trade Talks After Biden Excludes Island From Indo-Pacific Group
The United States will launch new trade talks with Taiwan, U.S.
Elon Musk Tells Tesla Staff: Return To Office Or Leave
Tesla Inc Chief Executive Elon Musk has asked employees to return to the office or leave the company, according to an email sent to employees and seen by Reuters.
Delta Air Lines Sees Snapback To Pre-pandemic Levels
Delta Air Lines Inc on Wednesday forecast upbeat revenue for the second quarter, betting on pent-up demand as travelers plan more trips undeterred by the higher prices of tickets, accommodation and rental cars.
Delta, United Airlines Sound Bullish On Post-pandemic Spending
Delta Air Lines Inc and United Airlines on Wednesday played down the risk of a U.S.
Trades In Russian Shares Show Investors Testing The Exits
A handful of attempts to privately trade depositary receipts in VTB and Gazprom show how some Western investors are still seeking ways to buy and sell stock in Russian companies rendered near untouchable due to sanctions.
Wall St Slides 1% As Strong Factory Data Fans Fears Of Aggressive Rate Hikes
U.S. stocks fell in volatile trade on Wednesday after strong factory activity and job openings data stoked concerns that the Federal Reserve would keep raising interest rates sharply this year.
10 Celebrities Who Are Billionaires: Youngest Is Only 24
Social media personality and model Kylie Jenner was named the youngest self-made billionaire by Forbes for two years in 2019 and 2020.
U.S. Cinemark's Movie Plan Draws A Million Subscribers
Cinemark Holdings Inc has signed up 1 million paying subscribers to its Movie Club monthly subscription plan, the company said on Wednesday, hailing a rebound in moviegoing after disruptions from the coronavirus pandemic.
Amazon.com Says Unfairly Targeted By U.S. Antitrust Bill
Amazon.com Inc on Wednesday lambasted a bill in Congress barring tech giants from giving preference to their own businesses on their websites, saying it unfairly singles the retailer out while not subjecting rivals to similar regulations.
Big Tech Ramps Up Efforts To Quash Milestone Antitrust Bill
Big tech has launched a media blitz aimed at derailing one of the most ground-breaking bipartisan bills in the U.S.
EU Acted Like A Fishing Trawler In Antitrust Data Searches, Meta Lawyer Says
Meta Platforms Inc on Wednesday compared searches by EU antitrust regulators to a fishing super trawler as watchdogs investigate the owner of Facebook's data and online marketplace.
Shanghai Euphoria Tempered By Deep Wound To China's Economy
Shanghai euphoria tempered by deep wound to China's economy
Macau's Casino Losses Engulf Gambling Hub As No Quick Fix In Sight
Plunging casino revenues in Macau, the world's largest gambling hub, are taking a heavy toll on the wider economy, forcing hundreds of businesses to close down and pushing unemployment to its highest level since 2009.
Pfizer To Exit GSK's Consumer Health Arm After London Listing
Pfizer plans to exit its 32% stake in Haleon, a consumer health joint venture with British drugmaker GSK, after the business lists as an independent company in July, GSK said on Wednesday.
Pfizer To Sell Stake In GSK's Consumer Health Business After It Lists
Pfizer plans to sell its 32% stake in Haleon, its consumer health venture with British drugmaker GSK, after the business lists as an independent company in July, GSK said on Wednesday.
Head Of Deutsche Bank's DWS Steps Down After 'Greenwashing' Raids
The chief executive of top German asset manager DWS will step down next week, he said on Wednesday, a day after raids by prosecutors over allegations that the company misled investors about "green" investments.
Cyprus Takes Risky Bet On Casinos
Cyprus takes risky bet on casinos
Analysis-Sizzling U.S. Energy Stock Rally Confronts Global Growth Worries
A scorching rally in U.S. energy shares has left investors facing a tough decision: hold on despite growing worries that global growth will slow or lock in profits in one of the few areas of the stock market that has thrived this year.
No Contest: Peltz To Bring Energy To Unilever Board
Billionaire activist investor Nelson Peltz didn't have to wage an all-out proxy war this time - Unilever welcomed him onto its board with little apparent fuss.
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