(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 …
Reuters
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- US and World News
U.S. Congress passes $1.66 trillion funding bill, Biden to sign
by Reutersby ReutersBy 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 Reutersby ReutersBy 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 Reutersby ReutersBy 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 Reutersby ReutersBy 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 …
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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 Reutersby ReutersBy 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 Reutersby ReutersBy 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 Reutersby ReutersROME (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 Reutersby Reuters(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 Reutersby ReutersBy 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 …
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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 Reutersby ReutersBy 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 Reutersby ReutersBy 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 …
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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 Reutersby ReutersDUBAI (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, …
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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 …
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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 …
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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 Reutersby Reuters(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 Reutersby ReutersBy 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 Reutersby ReutersBy 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 Reutersby ReutersBy 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 Reutersby ReutersBy 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 Reutersby ReutersBy 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 …