By Siddharth Cavale – Influential British fund manager Terry Smith attacked Unilever’s failed 50 billion pound ($68.2 billion) bid for GSK’s Consumer Health assets as a “near death experience” and…
By David Shepardson WASHINGTON – U.S. Attorney General Merrick Garland plans to meet with relatives and lawyers of victims of fatal Boeing 737 MAX crashes after some challenged a deferred…
LACEY TOWNSHIP, NJ – On Friday, January 14, 2022, at 18:33 hours, multiple officers, responded to the area of Lacey Road and Arlington Avenue, for a report of a driver…
By Jonathan Stempel -A U.S. regulator on Thursday fined a unit of Credit Suisse Group AG $9 million for violating multiple laws and rules protecting investors, including ones involving potential…
By Nate Raymond BOSTON -The U.S. Justice Department on Thursday dropped charges against a Massachusetts Institute of Technology professor accused of concealing his ties to China when seeking federal grant…
SHANGHAI – Chinese regulators urged banks and insurers to make clear progress in their digital transformation by 2025, the state-owned newspaper Securities Times reported on Thursday. The goal was set…
– New York City Mayor Eric Adams on Thursday said his first paycheck, to arrive Friday, will be automatically converted into cryptocurrency via Coinbase Global Inc. The salary will be…
WASHINGTON – U.S. home sales tumbled in December as higher prices amid record low inventory continued to shut out some first-time buyers. Existing home sales dropped 4.6% to a seasonally…
By Natalia Zinets KYIV – Ukraine’s central bank raised its main interest rate to 10% from 9% on Thursday, crossing into double digits for the first time since April 2020,…
NEW YORK – U.S. banks’ appetite for U.S Treasuries could slow down as they shift their focus to loan growth, at the same time that the Federal Reserve plans to…
By Hyunjoo Jin San Francisco – Luxury carmaker Mercedes-Benz will partner with self-driving sensor maker Luminar Technologies Inc to enable fully automated driving on highways for its next-generation vehicles, Luminar’s…
LONDON – Assets under management at global hedge funds topped $4 trillion for the first time ever at the end of 2021, as the prospect of rising interest rates combined…
WASHINGTON – The Biden administration is giving U.S. colleges and universities another $198 million to help them curb COVID-19 and address student needs such as housing and food amid the…
By Pamela Barbaglia LONDON – Poland’s largest drug maker Polpharma is working on a possible $4 billion takeover of Czech rival Zentiva and is looking for investors to join its…
The stock market tumbled Monday as COVID-19 cases surge worldwide and countries head toward lockdowns triggered by the emerging omicron variant, multiple sources reported. The Dow Jones Industrial Average, an…
The Washington Post published an article Thursday arguing that gasoline prices aren’t actually very high despite “recent commentary” on the issue. Rising gasoline prices are a consequence of inflation, which…
Lawmakers are working to fix cryptocurrency tax reporting requirements included in the bipartisan infrastructure bill. The Infrastructure Investment And Jobs Act signed into law by President Joe Biden on Monday contains…
Independents and undecided voters are souring on President Joe Biden’s $1.75 trillion spending plan, a new poll shows. The survey, released Tuesday by the National Republican Congressional Committee, shows that…
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