U.S. Grocery Shortages Deepen As Pandemic Dries Supplies
By Siddharth Cavale and Christopher Walljasper (Reuters) – High demand for groceries combined with soaring freight costs and Omicron-related labor…
January 2022
J&J Reaches Opioid Settlement With Holdout State New Mexico
By Nate Raymond (Reuters) -Johnson & Johnson on Friday said it had agreed to pay $44 million to resolve claims…
Citigroup Results Show Restructuring Has Its Costs
By David Henry and Niket Nishant (Reuters) -Citigroup Inc displayed some of the financial bruises required for its current restructuring…
Wall St Dragged Down By Disappointing Bank Results
By Bansari Mayur Kamdar, Shreyashi Sanyal and Sinéad Carew (Reuters) -Wall Street’s main indexes fell on Friday with the biggest…
Citi Says Mexico Consumer Bank A ‘jewel,’ As It Gears Up To Sell
(Reuters) – Citigroup Inc described the Citibanamex consumer bank in Mexico it is planning to shed as a “jewel” as…
Investors Wary On Bank Growth Despite Executives’ Optimism
WASHINGTON (Reuters) – While big U.S. bank bosses were optimistic on the economic outlook on Friday, pointing to an uptick…
U.S. Court Bars Martin Shkreli From Pharma Industry, Orders $64.6 Million Payment
WASHINGTON (Reuters) – A U.S. court said on Friday that Martin Shkreli, who famously raised the price of Daraprim, would…
Biden Seeks To Reshape Fed With Historically Diverse Slate Of Nominees
By Andrea Shalal and Ann Saphir WASHINGTON (Reuters) – U.S. President Joe Biden on Friday nominated former Federal Reserve Governor…
Boeing Engineer Who Led Development 737 MAX To Retire -company Memo
By Eric M. Johnson SEATTLE (Reuters) -Boeing Co executive Michael Teal, a top engineer on its 777X program who also…
Halkbank Prosecution Put On Hold Pending U.S. Supreme Court Appeal
By Jonathan Stempel NEW YORK (Reuters) – A U.S. appeals court put the federal government’s prosecution of Turkish state-owned lender…