OPEC withholds media access to Reuters, Bloomberg, WSJ for July event
(Reuters) – OPEC has withheld media access to reporters from Reuters, Bloomberg and the Wall Street Journal to cover a…
Business
General Mills forecasts dour profit as price hikes impact demand
By Savyata Mishra (Reuters) -General Mills on Wednesday forecast full-year profit largely below analysts’ estimates as price hikes to counter…
Bed Bath & Beyond splits auction, doubt grows over Buy Buy Baby sale process – CNBC
(Reuters) – Bed Bath & Beyond is splitting the bankruptcy-run auction of its Buy Buy Baby chain into two phases,…
Mercury Systems rebuffs former CEO’s unusual pay demand
By David Carnevali NEW YORK (Reuters) – U.S. military chip maker Mercury Systems Inc is locked in an unusual dispute…
Dollar strengthens after ECB conference, yen stays soft
By Chuck Mikolajczak NEW YORK (Reuters) – The dollar index rose on Wednesday following comments from a host of global…
FTX accuses ex-lawyer of aiding Bankman-Fried’s fraud, silencing whistleblowers
By Andrew Goudsward (Reuters) – Bankrupt cryptocurrency exchange FTX sued one of its former top lawyers, accusing him of aiding…
Spartan Capital broker faces probe tied to deals advised by Morgan Stanley – WSJ
(Reuters) – Federal prosecutors are investigating whether a broker at Spartan Capital Securities traded on confidential information about planned mergers and…
US, China plan to increase commercial flights between the countries- US official
By Kanishka Singh WASHINGTON (Reuters) – The United States and China agreed to consider expanding commercial flights between the two…
US public debt burden to rise to 181% of GDP by 2053, CBO projects
WASHINGTON (Reuters) – The U.S. public debt burden will reach 181% of economic output in 2053, the Congressional Budget Office…
Swiss National Bank’s Maechler says inflation proving persistent
ZURICH (Reuters) -Swiss inflation is proving broader-based and more persistent than initially thought, Swiss National Bank Governing Board member Andrea…