High Fuel Prices Could Erode Public Support For Energy Transition, Chevron CEO Says
By Sabrina Valle HOUSTON (Reuters) – Europe’s plan to double down on renewable fuels in response to rising fuel costs…
June 7, 2022
Hedge Funds Struggle In May Amid Recession Fears
NEW YORK (Reuters) – Hedge funds posted negative performance in May, accentuating their losses this year to almost 3%, as…
Crypto meltdown is wake-up call for many, including Congress
NEW YORK (AP) — Meltdowns in the cryptocurrency space are common, but the latest one really touched some nerves. Novice…
Dollar Dips As Hopes Rise That Inflation Has Peaked
By Chuck Mikolajczak NEW YORK (Reuters) – The U.S. dollar index retreated from earlier highs and fell on Tuesday as…
Harvey Weinstein Sues Stellantis’ Chrysler Unit Over 2019 Jeep Crash
By Jonathan Stempel NEW YORK (Reuters) -The former Hollywood movie producer Harvey Weinstein, now in prison after being convicted of…
Oil Settles Up 1% On Tight Supply, U.S. Crude At 13-week High
By Scott DiSavino NEW YORK (Reuters) – Oil prices gained about 1% on Tuesday, with U.S. crude settling at a…
U.S. Probes How Pharmacies Set Drug Prices As Costs Rise
(Reuters) -The U.S. Federal Trade Commission has opened a probe into how big pharmacy benefit managers like CVS Caremark affect…
U.S. FTC Launches Probe Of How Pharmacy Middlemen Affect Pricing
(Reuters) -The U.S. Federal Trade Commission has opened a probe into how big pharmacy benefit managers like CVS Caremark affect…
Battered U.S. Retailers’ Shares Draw Bottom-pickers In Option Market
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Some options players are betting that this year’s selloff in the shares…
Target Warns Of More Margin Squeeze As Excess Inventory Weighs
By Aishwarya Venugopal and Uday Sampath Kumar (Reuters) – Target Corp on Tuesday cut its quarterly profit margin forecast issued…