Wall Street Ends In A Hole After Powell’s Wyoming Speech
By David French (Reuters) – Wall Street ended Friday with all three benchmarks more than 3% lower, as Federal Reserve…
2022
Mexican Airline Volaris Fires Pilot Who Recorded Near-crash
MEXICO CITY (Reuters) – Mexican airline Volaris fired a pilot who filmed two of the carrier’s planes nearly crashing at…
3M Combat Earplug Lawsuits To Proceed, Judge Rules, Despite Bankruptcy Case
(Reuters) -3M Co must face more than 230,000 lawsuits accusing it of selling defective earplugs to the U.S. military, after…
Coca-Cola Bottler Starts Making ‘Dobry Cola’ In Russia
By Jessica DiNapoli and Alexander Marrow NEW YORK (Reuters) -Coca Cola HBC AG has started making a local cola, Dobry…
ECB’s Knot Says He Favors Large Rate Hikes -NOS Interview
AMSTERDAM (Reuters) -Klaas Knot, a member of the European Central Bank’s governing council, said in an interview with Dutch national…
U.S. Justice Department In Early Stages Of Drafting Possible Antitrust Suit Against Apple -Politico
WASHINGTON (Reuters) -The U.S. Justice Department is in the early stages of drafting a potential antitrust complaint against Apple Inc,…
US, China reach deal in dispute over Chinese company audits
WASHINGTON (AP) — The U.S. and China have reached a tentative agreement to allow U.S. regulators to inspect the audits…
Moderna Sues Pfizer/BioNTech For Patent Infringement Over COVID Vaccine
By Daniel Trotta (Reuters) -Moderna sued Pfizer and its German partner BioNTech on Friday for patent infringement in the development…
Powell: Fed’s inflation fight could bring ‘pain,’ job losses
JACKSON HOLE, Wyoming (AP) — Federal Reserve Chair Jerome Powell delivered a stark warning Friday about the Fed’s determination to…
Dollar Rebounds As Powell Commits To Fighting Inflation
By Karen Brettell NEW YORK (Reuters) – The dollar index gained on Friday after Federal Reserve Chair Jerome Powell adopted…