CEO pay rose 17% in 2021 as profits soared; workers trailed
NEW YORK (AP) — Even when regular workers win their biggest raises in decades, they look minuscule compared with what…
May 2022
Chipmaker Broadcom To Buy Cloud Services Firm VMware In $61 Billion Deal
(Reuters) -Broadcom Inc said on Thursday it will acquire cloud computing company VMware Inc in a $61 billion cash-and-stock deal,…
UK touts help for energy bills; seeks to forget ‘partygate’
LONDON (AP) — Britain’s Conservative government unveiled a 15 billion pound ($19 billion) emergency aid package Thursday to ease a…
Japan’s troubled Toshiba proposes outside directors to board
TOKYO (AP) — Troubled Japanese technology giant Toshiba announced some additions to its proposed leadership Thursday, ahead of a shareholders’…
Canadian Banks Post Mixed Quarterly Results As RBC, TD Beat Estimates, CIBC Misses
By Nichola Saminather TORONTO (Reuters) -Royal Bank of Canada, Toronto-Dominion Bank and Canadian Imperial Bank of Commerce (CIBC) reported diverging…
Dollar Edges Back Towards One-month Low
By Samuel Indyk LONDON (Reuters) – The U.S. dollar edged back towards a one-month low on Thursday, as minutes from…
Russia Investors Seek Ruling On Credit Event After Late Bond Payment
LONDON (Reuters) – Overseas holders of a Russian sovereign bond that matured last month are seeking a ruling on whether…
Britain Launches Second Probe Into Google’s Ad Practices
(Reuters) – Britain’s competition regulator on Thursday launched its second probe into the advertising practices of Google, saying the Alphabet-owned…
Germany: G-7 nations can lead the way on ending coal use
BERLIN (AP) — Germany’s energy and climate minister said Thursday that the Group of Seven wealthy nations can lead the…
Davos updates | Kyiv mayor grateful for pledges of support
DAVOS, Switzerland (AP) — The mayor of Kyiv says he’s grateful to receive calls from the leader of other cities…