U.S. FDA Says Abbott Baby Formula Plant On Track To Reopen In 1-2 Weeks
By Ahmed Aboulenein and Susan Heavey WASHINGTON (Reuters) -Abbott Laboratories and the U.S. Food and Drug Administration are on track…
May 19, 2022
Carbon removal technologies to get $3.5B federal investment
NEW YORK (AP) — The federal government is investing in machines that suck giant amounts of carbon dioxide out of…
Canada To Ban Huawei/ZTE 5G Equipment, Joining Five Eyes Allies
By David Ljunggren and Steve Scherer OTTAWA (Reuters) -Canada on Thursday said it plans to ban the use of China’s…
World Stocks Slide As Growth Fears Persist, Safe-havens Gain
By Herbert Lash NEW YORK (Reuters) – Global equities fell further on Thursday, unable to sustain a late rally on…
Canada bans China’s Huawei Technologies from 5G networks
TORONTO (AP) — Wireless carriers in Canada won’t be allowed to install Huawei equipment in their high-speed 5G networks, the…
Exxon To Sell North Texas Gas Assets To BKV For $750 Million
By Sabrina Valle (Reuters) -Exxon Mobil Corp on Thursday said it signed a deal to sell North Texas natural gas…
Fed Not Gunning For Stocks, But May Need To For Inflation To Fall
WASHINGTON (Reuters) -The Federal Reserve is not targeting equity markets in its battle against inflation, but that is “one of…
Dollar Drops As Yen, Swiss Franc Draw Safe-haven Flows
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar slipped across the board on Thursday, falling to a 2-week low,…
ExxonMobil To Sell Barnett Shale Assets For $750 Million
(Reuters) – ExxonMobil Corp said on Thursday it had signed a deal to sell its Barnett Shale assets to units…
Tesla Investor Calls For Share Buyback After Musk’s Twitter Deal Hurts Stocks
By Hyunjoo Jin SAN FRANCISCO (Reuters) – Leo KoGuan, a major individual investor in Tesla, on Thursday called on the…