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Author

Reuters

Reuters

  • Business News

    France’s Safran to pay $17.2 million to settle China bribery charges in U.S. probe

    by Reuters December 23, 2022
    by Reuters December 23, 2022

    (Reuters) – French jet engine maker Safran SA will pay about $17.2 million as part of a settlement with the U.S. Justice Department over bribes its subsidiaries allegedly paid in …

  • US and World News

    U.S. Congress passes $1.66 trillion funding bill, Biden to sign

    by Reuters December 23, 2022
    by Reuters December 23, 2022

    By Richard Cowan, Moira Warburton and Gram Slattery WASHINGTON (Reuters) -The Democratic-controlled U.S. House of Representatives on Friday passed a $1.66 trillion government funding bill that provides record military funding …

  • US and World News

    Winter storm causes havoc across Canada, disrupts holiday travel

    by Reuters December 23, 2022
    by Reuters December 23, 2022

    By Ismail Shakil and Rod Nickel OTTAWA/WINNIPEG (Reuters) -Strong winds, freezing rain and heavy snowfall closed schools, cut power to homes and cancelled flights across Canada on Friday as a …

  • Business News

    Bloomberg owner eyes Wall Street Journal or Washington Post acquisition -report

    by Reuters December 23, 2022
    by Reuters December 23, 2022

    By Dawn Chmielewski, Greg Roumeliotis and Anirban Sen LOS ANGELES/NEW YORK (Reuters) -Michael Bloomberg has expressed the desire to own a big-name newspaper over the years but has not reached …

  • US and World News

    U.S. House approves Ukraine aid including arms after Zelenskiy visit

    by Reuters December 23, 2022
    by Reuters December 23, 2022

    By Steve Holland, Dan Peleschuk and Olena Harmash WASHINGTON/KYIV (Reuters) – The U.S. House of Representatives gave final approval on Friday to a $45 billion aid package for Ukraine, as …

  • Business News

    Wall St ends higher, Treasury yields rise after data flurry

    by Reuters December 23, 2022
    by Reuters December 23, 2022

    By Stephen Culp NEW YORK (Reuters) – Wall Street shuffled to a modestly higher close on Friday and Treasury yields advanced as investors digested a deluge of economic data ahead …

  • Business News

    U.S. dollar weakens as risk appetite rises with data showing slowdown

    by Reuters December 23, 2022
    by Reuters December 23, 2022

    By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar slid against most currencies in choppy, thin trading on Friday as data signaled that the U.S. economy is cooling a bit, …

  • Business News

    Facebook parent Meta to settle Cambridge Analytica scandal case for $725 million

    by Reuters December 23, 2022
    by Reuters December 23, 2022

    By Nate Raymond (Reuters) -Facebook owner Meta Platforms Inc has agreed to pay $725 million to resolve a class-action lawsuit accusing the social media giant of allowing third parties, including …

  • Business News

    Italy’s government wins lower house confidence vote on 2023 budget

    by Reuters December 23, 2022
    by Reuters December 23, 2022

    ROME (Reuters) -The Italian government on Friday comfortably won a vote of confidence in the Chamber of Deputies, which it called to speed up approval of its expansionary 2023 budget …

  • Business News

    FedEx, other shippers warn extreme weather will delay some U.S. holiday gift deliveries

    by Reuters December 23, 2022
    by Reuters December 23, 2022

    (Reuters) -A severe winter storm gripping most of the United States threatens to delay millions of last-minute Christmas gift deliveries due to shutdowns at major shipping hubs. FedEx, United Parcel …

  • Business News

    Oil rises $3/bbl after Russia signals output cut due to price cap

    by Reuters December 23, 2022
    by Reuters December 23, 2022

    By Shariq Khan NEW YORK (Reuters) -Oil prices settled about $3 per barrel higher on Friday for a second straight week of gains after Moscow said it could cut crude …

  • Business News

    Investors look for ‘Santa Rally’ after grim year in U.S. stocks

    by Reuters December 23, 2022
    by Reuters December 23, 2022

    By David Randall NEW YORK (Reuters) – Bruised investors are hoping a so-called Santa Claus rally can soften the pain of a tough year in U.S. stocks and potentially brighten …

  • US and World News

    Extreme cold weather stretches U.S. homeless shelters’ capacity

    by Reuters December 23, 2022
    by Reuters December 23, 2022

    By Gabriella Borter (Reuters) – City officials and outreach workers across the United States were rushing to get people off the streets this week, turning sites such as libraries and …

  • US and World News

    ‘We’re waiting’: Migrants throng U.S.-Mexico border in asylum limbo

    by Reuters December 23, 2022
    by Reuters December 23, 2022

    By Jose Luis Gonzalez and Daina Beth Solomon CIUDAD JUAREZ, Mexico (Reuters) -Hundreds of migrants bundled in coats and blankets formed a long line in cold winter air at the …

  • Business News

    Canada ‘keen’ on resolution for First Quantum in Panama

    by Reuters December 23, 2022
    by Reuters December 23, 2022

    By Steve Scherer OTTAWA (Reuters) -Canada’s trade minister has been in contact with her counterpart in Panama in an effort to resolve a dispute over future payments First Quantum Minerals …

  • US and World News

    Prominent Sunni cleric denounces Iran crackdown, currency near record low

    by Reuters December 23, 2022
    by Reuters December 23, 2022

    DUBAI (Reuters) – Iran’s currency hovered near a historic low against the U.S. dollar on the unofficial foreign exchange market on Friday amid renewed street protests in the restive southeast, …

  • US and World News

    Extinction crisis puts 1 million species on the brink

    by Reuters December 23, 2022
    by Reuters December 23, 2022

    By Katy Daigle and Julia Janicki (Reuters) – Nature is in crisis, and it’s only getting worse. As species vanish at a rate not seen in 10 million years, more …

  • Business News

    Explainer-How did Bankman-Fried secure $250 million bail?

    by Reuters December 23, 2022
    by Reuters December 23, 2022

    By Jack Queen (Reuters) – FTX founder Sam Bankman-Fried clinched a bail deal on Thursday that would see him released on a $250 million bond secured against his parents’ property …

  • US and World News

    IRS delays $600 income reporting rule for U.S. gig workers

    by Reuters December 23, 2022
    by Reuters December 23, 2022

    WASHINGTON (Reuters) – The U.S. Internal Revenue Service said on Friday it would delay a new rule requiring more extensive reporting by gig workers and others who are paid through …

  • Business News

    Elon Musk’s vow to not sell more Tesla stock fails to calm investors

    by Reuters December 23, 2022
    by Reuters December 23, 2022

    (Reuters) -Tesla Inc shares hit a fresh two-year low in volatile trading on Friday as top boss Elon Musk’s promise to not sell his shares in the electric-car company for …

  • Business News

    Apple Watches violate AliveCor patents but import ban on hold -U.S. ITC

    by Reuters December 23, 2022
    by Reuters December 23, 2022

    By Blake Brittain (Reuters) -Apple Inc’s Apple Watches with an electrocardiogram (ECG) function infringe patents belonging to medical device maker AliveCor Inc, the U.S. International Trade Commission affirmed on Thursday. …

  • Business News

    Huawei reaps more patent royalties than it pays out for second straight year

    by Reuters December 23, 2022
    by Reuters December 23, 2022

    By Paresh Dave OAKLAND, Calif. (Reuters) -Chinese technology giant Huawei will bring in more patent income than it pays to other companies for their patents for the second straight year …

  • Business News

    Analysis-US stock investors face recession fears as they bid good riddance to 2022

    by Reuters December 23, 2022
    by Reuters December 23, 2022

    By Lewis Krauskopf NEW YORK (Reuters) – A rough year for U.S. stocks is winding down, but the market’s pain may be far from over, as investors brace for an …

  • Business News

    U.S. consumer spending, inflation rise moderately amid rate hikes

    by Reuters December 23, 2022
    by Reuters December 23, 2022

    By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer spending barely rose in November, while annual inflation increased at its slowest pace in 13 months, but demand is probably not cooling …

  • Business News

    Toshiba’s preferred bidder finalising $10.6 billion financing for buyout -sources

    by Reuters December 23, 2022
    by Reuters December 23, 2022

    By Makiko Yamazaki and Ritsuko Shimizu TOKYO (Reuters) – The preferred bidder for Toshiba Corp is finalising 1.4 trillion yen ($10.6 billion) in financing from Japanese lenders to fund its …

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