By Carl O’Donnell – The United States government has procured more than 100 million additional COVID-19 tests from testmaker iHealth Lab Inc. as part of the White House’s plan to …
Reuters
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By Akash Sriram and Subrat Patnaik – Apple Inc’s shares rallied nearly 7% on Friday in its biggest one-day percentage jump in a year and a half after the iPhone …
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By Sabrina Valle HOUSTON – Chevron Corp on Friday reported a fourth quarter profit that missed Wall Street estimates and offered a weak outlook for this year’s oil and gas …
- US and World News
Easier to produce COVID vaccine shows promise in trials; nasal spray vaccine booster works in mice
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 …
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By Bianca Flowers and Uday Sampath Kumar – Caterpillar Inc topped Wall Street estimates with a fourth quarter revenue increase of more than 20 percent, but the heavy-equipment maker warned …
- US and World News
U.S. FDA says Empowered Diagnostics recalling COVID-19 tests
by Reutersby Reuters– Empowered Diagnostics LLC is recalling its COVID-19 tests as they have not been cleared for use in the United States and could potentially lead to false results, the U.S. …
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By Herbert Lash NEW YORK -The dollar consolidated gains on Friday and posted its biggest weekly rise in seven months as markets priced in a year ahead of aggressive hikes …
- Business News
Activist hedge fund Elliott reveals stake in U.S. utility NiSource
by Reutersby Reuters– Activist investor Elliott Management disclosed its stake in NiSource on Friday and said it supported the company’s decision to name a new chief executive officer, sending shares in the …
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By Bianca Flowers -Union Pacific Corp plans to buy 10 battery locomotives from Caterpillar Inc, Caterpillar Chief Financial Officer Andrew Bonfield said on Friday, as the rail company moves away …
- US and World News
U.S. Capitol riot panel demands testimony about 2020 fake electors plan
by Reutersby ReutersBy Jan Wolfe WASHINGTON -The U.S. congressional committee investigating the Jan. 6, 2021, assault on the Capitol has issued subpoenas to several individuals involved in an unsuccessful “alternate electors” scheme …
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By Swati Verma BENGALURU -Oil prices rose to a more than seven-year peak on Friday and recorded their sixth straight weekly gain as geopolitical turmoil exacerbated concerns over tight energy …
- US and World News
Italy’s parties look to female presidential candidate after rightist flop
by Reutersby ReutersBy Crispian Balmer, Angelo Amante and Gavin Jones ROME -Italy moved closer on Friday to electing its first ever female president after five days of stalemate in repeated parliamentary ballots …
- Business News
Mexico’s finance ministry says talk of ‘technical recession’ imprecise
by Reutersby ReutersBy Anthony Esposito and Noe Torres MEXICO CITY – Mexico’s Deputy Finance Minister Gabriel Yorio said on Friday that talk of a “technical recession” in the country doesn’t take into …
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By Jarrett Renshaw and Nathan Layne PHILADELPHIA -A Pennsylvania court sided with Republicans in striking down a law on Friday that eliminated barriers to voting by mail, raising doubts over …
- Business News
U.S. corporate bond spreads widen as investors de-risk on hawkish Fed
by Reutersby ReutersBy Davide Barbuscia NEW YORK – Investors sold U.S. corporate high-yield and investment-grade bonds on Friday, moving in step with weakness in equity markets and in a sign of risk …
- MIsc. News
Collapsed Pittsburgh bridge is one of 44,000 in poor condition in U.S
by Reutersby ReutersBy Andy Sullivan – The half-century-old bridge that collapsed in Pittsburgh on Friday ahead of President Joe Biden’s visit highlighted the perilous state of much of the United States’ transportation …
- Business News
Argentina strikes breakthrough deal with IMF in $45 billion debt talks
by Reutersby ReutersBy Agustin Geist, Nicolás Misculin and Adam Jourdan BUENOS AIRES -Argentina has struck an agreement in principle with the International Monetary Fund over a new $44.5 billion standby deal, both …
- Police BlotterUS and World News
London police move to limit Downing Street parties report
by Reutersby ReutersBy James Davey and Elizabeth Piper LONDON -An inquiry into COVID-19 lockdown-breaking gatherings in Downing Street that might determine the future of British Prime Minister Boris Johnson could be further …
- Business News
Analysis-Argentina traders cheer IMF breakthrough, caution long road ahead
by Reutersby ReutersBy Marc Jones and Walter Bianchi LONDON/BUENOS AIRES – Argentina’s breakthrough agreement with the International Monetary Fund for a $44.5 billion new deal should bolster domestic markets in the weeks …
- Business News
Fed’s matchmaker fear: Flatlining economy meets higher interest rates
by Reutersby ReutersBy Howard Schneider WASHINGTON – The Federal Reserve plans to raise interest rates in March on the assumption the U.S. economy will largely steer clear of fallout from the Omicron …
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By Jonathan Stempel – Berkshire Hathaway Inc, run by billionaire Warren Buffett, said on Friday its workforce has grown by about 12,000, recovering some jobs it lost earlier in the …
- Business News
U.S. FAA says Verizon, AT&T can turn on more towers for 5G deployment
by Reutersby ReutersBy David Shepardson WASHINGTON – The U.S. Federal Aviation Administration (FAA) said Friday it has agreed that Verizon Communications and AT&T can safely turn on more towers for C-Band 5G …
- Business News
Italian tycoons break up Generali pact to avoid regulatory scrutiny
by Reutersby ReutersMILAN – Francesco Gaetano Caltagirone has quit a pact with fellow Generali investor Leonardo Del Vecchio which the two Italian magnates had struck to challenge the insurer’s top shareholder Mediobanca, …
- Business News
U.S. FCC announces over $1.2 billion for rural broadband in 32 states
by Reutersby Reuters– The United States Federal Communications Commission said on Friday it was going to authorize over $1.2 billion for rural broadband in 32 states. (Reporting by Kanishka Singh in Bengaluru; …
- US and World News
French investigators to head soon to Saudi Arabia for Dakar rally probe – source
by Reutersby ReutersPARIS – French investigators are preparing to go to Saudi Arabia soon as part of their investigation into incidents targeting French nationals that marred last month’s Dakar sports car rally, …