WASHINGTON (AP) — Job openings hovered at a near-record level in February, little changed from the previous month, continuing a trend that Federal Reserve officials see as a driver of inflation. There were 11.3 million available jobs last month, matching January’s figure and just below December’s record of 11.4 million, the Labor Department said Tuesday….
(Reuters) -Johnson & Johnson said on Tuesday it would halt sale of personal care products in Russia, joining other companies that have limited their business in the country in response to its invasion of Ukraine. J&J said it would continue to supply medicines and medical devices in the region as those are excluded from Western…
WASHINGTON (Reuters) – The U.S. Transportation Department said Tuesday it had approved the bid of China Eastern Airlines Corp to temporarily move New York to Shanghai flights over COVID-19 measures to a different Chinese airport. The department granted China Eastern’s request starting March 31 to move existing twice-weekly Shanghai westbound passenger flights from New York…
(Reuters) -Russia retaliated in what it has called an “economic war” with the West on Tuesday by offering to buy back its $2 billion Eurobonds maturing next month in roubles rather than dollars. The finance ministry offer on Eurobonds maturing on April 4, Russia’s biggest debt payment this year, follows Western moves to tighten sanctions…
(Reuters) -UnitedHealth Group said on Tuesday it would buy LHC Group for about $5.4 billion in cash, as the largest U.S. health insurer expands its home health services. The deal will combine the provider of healthcare services at home, mainly for older patients dealing with chronic illness and injuries, with UnitedHealth’s Optum unit, which manages…
Nielsen is being acquired for $16 billion, including debt, about a week after the media measurement company rejected a $9 billion offer. Viewing data collected by Nielsen plays a big role in determining where billions in advertising dollars are spent each year. The company itself has annual global revenue of about $3.5 billion. A group…
(Reuters) – Johnson & Johnson said on Tuesday it would suspend the supply of its personal care products in Russia, adding that it would continue to supply medicines and medical devices in the region. (Reporting by Manojna Maddipatla in Bengaluru; Editing by Shinjini Ganguli)
By Giuseppe Fonte and Gavin Jones ROME (Reuters) – Italy plans to confirm its 2022 budget deficit target at 5.6% of national output, two sources close to the matter told Reuters, despite coalition pressure to sharply hike borrowing as the growth outlook deteriorates. Mario Draghi’s government is preparing to slash its growth forecast for this…
UnitedHealth Group will spend $5.4 billion to acquire LHC Group and delve deeper into home health, an area of care expected to grow as baby boomers age. The health care giant said Tuesday that it will pay $170 in cash for each share of LHC’s stock in a deal expected to close later this year….
FRANKFURT (Reuters) – Russia’s demand that some buyers pay for its gas in roubles has raised concerns in Germany, which relies on Russian fuel, that the payment dispute could escalate and disrupt supplies. Russia accounted for 55% of Germany’s gas imports in 2021. Although that figure fell to 40% in the first quarter of 2022,…
