By Svea Herbst-Bayliss -Melvin Capital, the hedge fund that lost nearly $7 billion early last year by betting stocks like GameStop would tumble, wants to raise money for a new …
Reuters
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- PoliticsUS and World News
White House says judge Fed nominee Raskin on her credentials, not marriage
by Reutersby ReutersBy Jeff Mason and Andrea Shalal WASHINGTON -White House press secretary Jen Psaki on Monday rejected concerns that Sarah Bloom Raskin would be unable to maintain independence at the Federal …
- Business News
Exclusive-Televisa, Univision to launch Spanish-language streaming platform in first half
by Reutersby ReutersBy Cassandra Garrison MEXICO CITY – Mexican broadcast powerhouse Grupo Televisa and U.S. based Univision are preparing to launch what would be the biggest Spanish-language streaming platform in the world …
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By Chavi Mehta and Krystal Hu -Software company Citrix Systems said on Monday it would be taken private for $16.5 billion including debt by affiliates of Elliott Management and Vista …
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By Jonnelle Marte, Howard Schneider and Ann Saphir – Federal Reserve policymakers say they’ll raise interest rates in March but spoke cautiously on Monday about what might follow, signaling a …
- Health and WellnessUS and World News
COVID patients face risks after hospital; kids’ hearts return to normal after rare inflammatory illness
by Reutersby ReutersBy Nancy Lapid – The following is a summary of some recent studies on COVID-19. They include research that warrants further study to corroborate the findings and that has yet …
- Featured NewsUS and World News
Avenatti does not plan to testify in his defense in Stormy Daniels U.S. fraud case
by Reutersby ReutersBy Luc Cohen NEW YORK – U.S. lawyer Michael Avenatti said on Monday he does not intend to take the stand to defend himself at trial on charges he defrauded …
- Business NewsGood News
Lockheed selects Alabama and Georgia for next-gen air tanker plants
by Reutersby ReutersBy Mike Stone WASHINGTON -Lockheed Martin on Monday announced that a future U.S. Air Force midair refueling tanker would be made in Alabama and Georgia, potentially creating 1,300 new jobs …
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-Video game publisher Electronic Arts Inc named Microsoft executive Chris Suh as its new chief financial officer on Monday, replacing Blake Jorgensen. Suh is currently serving as corporate vice president …
- US and World News
Johnson vows changes after lockdown parties report condemns UK leadership failures
by Reutersby ReutersBy William James, Kylie MacLellan and Elizabeth Piper LONDON -British Prime Minister Boris Johnson faced renewed calls to resign on Monday after a report found that alcohol-fuelled events at his …
- Business News
Mexico’s economy enters technical recession as GDP contracts again
by Reutersby ReutersBy Anthony Esposito and Miguel Gutierrez MEXICO CITY -Mexico’s economy contracted for a second straight quarter in the last three-month period of 2021, according to official data published on Monday, …
- MIsc. News
Oklahoma’s oil regulator to shut some disposal wells following large quake
by Reutersby ReutersBy Liz Hampton – Oklahoma’s oil and gas regulator said on Monday it would shut deep saltwater disposal wells and restrict others near where a large earthquake earlier in the …
- Conservative TimesUS and World News
Georgia prosecutor seeks FBI protections after Trump remarks
by Reutersby ReutersWASHINGTON -A Georgia prosecutor who is conducting a criminal investigation of Donald Trump has asked the FBI for a risk assessment and security protections, citing the former president’s “alarming” rhetoric …
- Business News
German inflation eases in January but not enough for real relief
by Reutersby ReutersBERLIN -German annual inflation slowed in January but was still higher than expected by analysts and well above the European Central Bank’s price stability target of 2% for the euro …
- Business News
Dollar slides as recent rally takes a pause, may have seen short-term peak
by Reutersby ReutersBy Gertrude Chavez-Dreyfuss NEW YORK -The U.S. dollar fell on Monday, posting its largest daily fall since last November as investors consolidated gains after hitting a 1-1/2-year high on Friday …
- Business News
U.S. Treasury economist sees inflation pressures easing if pandemic recedes
by Reutersby ReutersWASHINGTON – U.S. inflationary pressures should ease in 2022 due to weaker demand for goods, easing supply bottlenecks and a receding coronavirus pandemic, the U.S. Treasury’s top economist said on …
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By Ann Saphir – How fast and far the U.S. Federal Reserve will raise interest rates once it begins doing so in March will depend on what happens with the …
- Business News
Oil posts biggest monthly gain in a year on tight supply, political tensions
by Reutersby ReutersBy Stephanie Kelly NEW YORK – Oil prices rose on Monday to end January with their biggest monthly gain in a year, boosted by a supply shortage and political tensions …
- Featured NewsUS and World News
Historically Black U.S. colleges and universities given all clear after threats
by Reutersby Reuters-Several historically Black colleges and universities in the United States gave students and staff an all clear on Monday after bomb threats earlier in the day forced schools to issue …
- Business News
Jamaica digital currency due for national roll-out in coming months – central bank
by Reutersby ReutersBy Kate Chappell KINGSTON – Jamaica will roll out its digital currency across the country in the first quarter of this year as part of an effort to lower transaction …
- Business News
Italy’s Treasury pushing for CEO change at Monte dei Paschi -sources
by Reutersby ReutersBy Giuseppe Fonte and Valentina Za ROME -Italy’s Treasury is pushing for a change at the helm of Monte dei Paschi (MPS) of which it owns 64%, as the bailed-out …
- US and World News
Fifth New York prosecutor declines sex harassment charges against ex-Governor Andrew Cuomo
by Reutersby ReutersBy Tyler Clifford NEW YORK – Former New York Governor Andrew Cuomo will not face criminal charges related to sexual harassment claims that led to his resignation last year after …
- US and World News
U.S. CDC warns against travel to Mexico, Brazil, Singapore over COVID-19
by Reutersby ReutersWASHINGTON – The U.S. Centers for Disease Control and Prevention (CDC) on Monday advised against travel to a dozen destinations, including Mexico, Brazil, Singapore, Ecuador, Kosovo, Philippines and Paraguay. The …
- Business News
Credit Suisse unveils new wealth management structure with Huber COO
by Reutersby ReutersZURICH – Credit Suisse Wealth Management division’s new boss Francesco De Ferrari has laid out a new structure from March 1 that revamps its business areas for Europe and Latin …
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FRANKFURT – A better than expected increase in fourth-quarter sales and earnings prompted HeidelbergCement to release some results ahead of schedule on Monday. Citing preliminary figures, the German cement maker …