Beyond Meat falls short in Q4 due to weak retail demand
U.S. shoppers are giving plant-based burgers a pass. Plant-based meat company Beyond Meat said Thursday that its sales dropped in…
February 2022
Fed’s Waller says bigger rate hike in March may be needed
WASHINGTON (AP) — Federal Reserve Governor Christopher Waller said Thursday he is willing to support a half-point interest rate hike…
Exclusive-Sachem Head Built Stake In Anaplan, May Push For Changes
By Svea Herbst-Bayliss (Reuters) – Hedge fund Sachem Head Capital Management has taken a stake in Anaplan Inc and may…
Amazon Accused Of Violating U.S. Labor Law After Union Supporters’ Arrests
By Julia Love (Reuters) – A group of Amazon.com Inc workers seeking to form a union in New York filed…
U.S. Pension Fund CalSTRS Has Investments In Russia, Monitors Risks To Portfolio
NEW YORK (Reuters) -The California State Teachers’ Retirement System (CalSTRS), the second largest U.S. pension fund, said on Thursday it…
Televisa’s Net Profit Dips In Q4, Revenue Up
MEXICO CITY (Reuters) -Grupo Televisa , Mexico’s largest broadcaster, reported on Thursday an 8.6% dip in net profit in the…
U.S., EU Unlikely To Cut Russia Off SWIFT For Now -Biden
WASHINGTON/BRUSSELS (Reuters) – The United States and the European Union have opted not to cut Russia off from the SWIFT…
Sanctions Could Complicate Citigroup Sale Of Russian Consumer Bank -sources
By David Henry and Matt Scuffham NEW YORK (Reuters) – The sale of Citigroup’s Russian consumer bank could be complicated…
Russia’s Biggest Bank Sberbank Says It Is Operating Normally, Studying Sanctions
MOSCOW (Reuters) – Russia’s biggest bank Sberbank said on Friday it was operating normally but was studying the implications of…
Biden Hits Russia With Tough Export Curbs, Slashing Access To Global Tech
By Alexandra Alper and Karen Freifeld WASHINGTON (Reuters) -The Biden administration announced sweeping export restrictions against Russia on Thursday, hammering…