May 27, 2022
Wall Street Rallies, Snaps Longest Weekly Losing Streak In Decades
By Stephen Culp NEW YORK (Reuters) – Wall Street closed sharply higher on Friday as signs of peaking inflation and…
Stock Rally Fanned By Hopes Of Fed ‘past Peak Hawkishness’
By David Randall NEW YORK (Reuters) -Bad news may once again be good news on Wall Street, as signs of…
Amazon Investor Proposal To Review Plastic Use Narrowly Fails To Clear
(Reuters) – Amazon.com Inc’s investor-led proposal to review its use of plastic won 49% support even as shareholders voted down…
U.S. Buys More Stingers After Missiles’ Success In Ukraine
By Mike Stone WASHINGTON (Reuters) -The U.S. Army said on Friday it has awarded a contract worth $625 million to…
Robinhood Agrees To Settle Customer Lawsuit Over 2020 Outages
By Jody Godoy (Reuters) – Robinhood Markets Inc has agreed in principle to settle a proposed class action filed by…
California, New Zealand announce climate change partnership
SAN FRANCISCO (AP) — Top officials from California and New Zealand signed a pledge Friday agreeing to help fight climate…
Timeline: U.S. SEC Looking Into Musk’s Twitter Stake Purchase
(Reuters) – The U.S. Securities and Exchange Commission (SEC) is looking into Tesla CEO Elon Musk’s disclosure of his stake…
Fed Carrying $330 Billion In Unrealized Losses On Its Assets According To Q1 Financial Statement
WASHINGTON (Reuters) – The U.S. Federal Reserve is carrying $330 billion in unrealized losses on its holdings of U.S. Treasury…
Tribal request to halt Arizona copper mine work is denied
TUCSON, Ariz. (AP) — A federal judge has rejected a request by Native American tribes to stop Toronto-based Hudbay Minerals…
U.S. Extends Tariff Exclusions On Chinese COVID-19 Medical Products
WASHINGTON (Reuters) – The U.S. Trade Representative’s office on Friday said it extended tariff exclusions on Chinese-made medical products needed…