China Unexpectedly Keeps Lending Benchmark Unchanged
SHANGHAI (Reuters) -China surprisingly kept its benchmark lending rates steady on Wednesday, with markets seeing the move as Beijing’s cautious…
2022
China’s Lockdowns Could Drive More U.S. Policy Action, Says Fed’s Kashkari
(Reuters) -If lockdowns in China aimed at containing COVID-19 cause further disruptions to global supply chains, the Federal Reserve will…
Alabama Settles Opioid Claims With J&J, McKesson, Endo For $276 Million -attorney General
By Dietrich Knauth (Reuters) -Alabama on Tuesday reached $276 million in settlements with Johnson & Johnson, McKesson Corp and Endo…
Fed’s Kashkari: If Supply Chains Worsen, Fed Will Need To Do More
(Reuters) – If lockdowns in China aimed at containing COVID-19 cause further disruptions to global supply chains, the Federal Reserve…
Earnings Boost Wall Street While Growth Fears Sink Oil
By Pete Schroeder WASHINGTON (Reuters) – U.S. stocks surged Tuesday on the back of stronger than expected corporate earnings, but…
Union Seeking To Organize Amazon Site In New Jersey Withdraws Petition For Vote
(Reuters) -A labor group seeking to represent Amazon.com Inc workers in a small warehouse in New Jersey has withdrawn its…
Exxon Sees Carbon Capture Market At $4 Trillion By 2050
By Sabrina Valle HOUSTON (Reuters) – Exxon Mobil Corp. estimates there will be a $4 trillion market by 2050 for…
Netflix Rocked By Subscriber Loss, May Offer Cheaper Ad-supported Plans
By Dawn Chmielewski (Reuters) -Netflix Inc said inflation, the war in Ukraine and fierce competition contributed to a loss of…
Brazil’s Vale Reports Decrease In Q1 Iron Ore Output
SAO PAULO (Reuters) -Brazilian miner Vale SA first-quarter iron ore production fell 6.0% from the previous year, hit by heavy…
Fed’s Evans: Comfortable With Two 50 Bps Point Increases
By Ann Saphir (Reuters) – Chicago Federal Reserve Bank President Charles Evans said Tuesday that he’s “comfortable” with a round…