Nursing home owners stole $83 million while neglecting residents, NY lawsuit says
By Brendan Pierson (Reuters) -New York’s attorney general on Wednesday accused nursing home operator Centers Health Care and its owners…
June 2023
AMC, ‘meme’ investors to face off in court over stock conversion
By Jody Godoy (Reuters) – A months-long battle between retail investors and AMC Entertainment Holdings over a stock conversion plan…
Explainer-How does the Fed stress test US banks?
By Pete Schroeder WASHINGTON (Reuters) -The U.S. Federal Reserve is due to release the results of its annual bank health…
US announces charges in $2.5 billion healthcare fraud takedown
By Sarah N. Lynch WASHINGTON (Reuters) -The U.S. Justice Department on Wednesday announced federal and local criminal charges targeting 78…
From Caterers To Cowboy Outfitters: Writers’ Strike Hits Hollywood Economy
(Adds word entertainment in paragraph 15 to make clear the reference is to entertainment clients, not all clients) By Lisa…
In verbal slip, Biden says Putin losing the war in ‘Iraq’
WASHINGTON (Reuters) – In a new verbal slip-up, U.S. President Joe Biden said on Wednesday that Russian President Vladimir Putin…
Gymnastics-Biles to return to competition in August after two-year hiatus
(Reuters) – Four times Olympic gold medallist Simone Biles will return to competition in early August at the U.S. Classic…
ECB’s Villeroy: duration more important than level of interest rates
PARIS (Reuters) – How long the European Central Bank keeps rates elevated is more important than the actual level, though…
Blinken says West Bank unrest an impediment for Israel’s normalization hopes
By Simon Lewis and Humeyra Pamuk WASHINGTON (Reuters) – Turmoil in the occupied West Bank, where violence between Jewish settlers…
Bank of England’s Bailey: We will see if markets are right on rates
By Francesco Canepa and Balazs Koranyi SINTRA, Portugal (Reuters) -Bank of England (BoE) Governor Andrew Bailey said it remained to…