February 22, 2022
Wells Fargo Says Federal Agencies Reviewing 401(k) Plan
(Reuters) – Wells Fargo & Co said on Tuesday U.S. government agencies, including the Department of Labor, are reviewing certain…
Lenovo Third-quarter Profit Jumps 62%
SHANGHAI (Reuters) – China’s Lenovo Group, the world’s biggest maker of personal computers, reported a 62% rise in third-quarter profit…
Small Businesses Still Struggling Financially, Fed Survey Finds
By Jonnelle Marte (Reuters) – Small businesses continue to struggle financially and many are facing greater challenges with managing supply…
Nord Stream 2 Pipeline Not Moving Forward ‘at This Point In Time,’ White House Says
WASHINGTON (Reuters) – The White House said on Tuesday the development of Nord Stream 2 is “not moving forward at…
U.S. Market Fallout From Russia-Ukraine Strife May Be Brief, Some Strategists Say
By Davide Barbuscia and Devik Jain (Reuters) -As the S&P 500 hovers near correction territory, Wall Street is gauging the…
Washington Targets Russian Debt In Sanctions Sweep
By Karin Strohecker and Megan Davies LONDON/NEW YORK (Reuters) – The U.S. government broadened restrictions on trading of Russian government…
Shareholders Approve Brazil’s Eletrobras Privatization – Report
SAO PAULO (Reuters) – Shareholders of Brazilian state-run power company Eletrobras approved on Tuesday the terms for the privatization of…
Australia’s Woolworths Beats Profit Targets, Expects Stronger Second Half
(Reuters) -Woolworths Group on Wednesday beat first-half profit estimates and forecast improved financial performance in the second half, as Australia…
Hedge fund returns to court in battle to buy Lee Enterprises
OMAHA, Neb. (AP) — The hedge fund trying to buy newspaper publisher Lee Enterprises returned to court Tuesday in a…
Oil Settles Near 2014 High On Russia-Ukraine Escalation
By Laura Sanicola (Reuters) -Oil rose to nearly $100 a barrel on Tuesday, reaching its highest level since 2014 after…