EU beefs up disinformation code amid Russia fake news fears
LONDON (AP) — The European Union is beefing up its code of practice on disinformation by enlisting more tech companies…
Headlines
Revlon files for bankruptcy protection amid heavy debt load
NEW YORK (AP) — Revlon, the 90-year-old multinational beauty company, has filed for Chapter 11 bankruptcy protection, weighed down by…
Production at bedeviled baby formula factory halted by storm
Severe weather has forced Abbott Nutrition to pause production at a Michigan baby formula factory that had just restarted after…
Kroger Raises Annual Profit Forecast On Essentials Demand
(Reuters) – Kroger Co raised its expectations for 2022 profit on Thursday, betting on steady demand for its groceries and…
Activision Board Says No Evidence Senior Execs Ignored Harassment Cases
(Reuters) -Activision Blizzard Inc’s board and external advisers said on Thursday there was no evidence to suggest that senior executives…
BoE Raises Rates By 25 Basis Points Again But Says Ready To Act Forcefully
By Andy Bruce and William Schomberg LONDON (Reuters) – The Bank of England raised interest rates by a further quarter…
Meta, Google, Twitter Pledge To Better Fight Fake News Or Risk Fines
BRUSSELS (Reuters) – Meta, Alphabet unit Google, Twitter and Microsoft on Thursday agreed to take a tougher line against disinformation…
Euro rescue fund to get new chief as its old glory fades
BRUSSELS (AP) — A contest to lead Europe’s financial rescue fund is drawing to a close with the spotlight on…
Russian economy ‘won’t be as it was,’ central banker says
ST. PETERSBURG, Russia (AP) — The head of the Russian Central Bank warned Thursday that the country’s economy faces pressure…
Fed’s aggressive rate hikes raise likelihood of a recession
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell has pledged to do whatever it takes to curb inflation, now raging…