By Karen Freifeld and Jonathan Stempel NEW YORK (Reuters) -A New York judge on Thursday ordered that an independent watchdog be appointed to oversee the Trump Organization before a civil …
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Wall Street cheers Boeing’s recovery plans as challenges persist
by Reutersby ReutersBy Rajesh Kumar Singh and Abhijith Ganapavaram CHICAGO (Reuters) -Boeing Co’s shares have been rallying after the planemaker shared plans at an investor meeting in Seattle on Wednesday to accelerate …
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Distressed credit to lure more hedge fund investors next year -BNP survey
by Reutersby ReutersBy Davide Barbuscia NEW YORK (Reuters) – Global investors will ramp up allocations to distressed credit hedge funds next year, expecting opportunities to buy companies’ debt on the cheap as …
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Brazil’s Petrobras to pay out $8.5 billion dividend amid squabble
by Reutersby ReutersSAO PAULO (Reuters) -Brazilian state-run oil company Petrobras will distribute dividends of around 43.68 billion reais ($8.5 billion) on its third quarter results, the firm said on Thursday, amid controversy …
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WASHINGTON (Reuters) -The FBI warned on Thursday that there was a credible threat to synagogues in New Jersey, asking that they take security precautions to protect their communities and buildings. …
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Morgan Stanley says it is engaged with UK regulator on anti-competition probe
by Reutersby ReutersNEW YORK (Reuters) – Morgan Stanley said on Thursday it is engaging with the UK Competition and Markets Authority’s probe into suspected anti-competitive practices in financial services. Regulators are looking …
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Corteva third-quarter loss narrows on demand for agricultural products
by Reutersby ReutersBy Ruhi Soni (Reuters) -Agricultural chemical and seed company Corteva Inc on Thursday posted a smaller-than-expected third-quarter adjusted loss as farmers looked to maximize yields at a time of low …
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U.S. House Speaker Pelosi’s husband released from hospital -CNN
by Reutersby Reuters(Reuters) – U.S. House Speaker Nancy Pelosi’s husband, Paul Pelosi, has been released from the San Francisco hospital where he underwent surgery for injuries suffered when attacked by a hammer-wielding …
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By Mark Trevelyan, Filipp Lebedev and Simon Lewis LONDON, (Reuters) – Tedious manual work, poor hygiene and lack of access to medical care – such are the conditions awaiting U.S. …
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U.S. SEC considering action against SolarWinds over cyber disclosures
by Reutersby Reuters(Reuters) – The U.S. Securities and Exchange Commission has recommended an enforcement action against SolarWinds Corp over its public statements on cybersecurity and procedures governing such disclosures, the software firm …
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By Hannah Lang (Reuters) -Block Inc posted a rise in third-quarter revenue on Thursday as the growth of Cash App helped make up for stagnant cryptocurrency prices that had dogged …
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Top Republican senator says Fed should not buy bonds to remedy market stress
by Reutersby ReutersBy Michael S. Derby (Reuters) – A top Republican senator wrote to the Federal Reserve on Thursday and cautioned the institution not to take a page from the Bank of …
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(Reuters) -Goldman Sachs Group Inc said on Thursday it reduced its credit exposure to Russia by 9% to $205 million in the third quarter, according to a quarterly filing. U.S. …
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Exclusive-G7 coalition has agreed to set fixed price for Russian oil -source
by Reutersby ReutersBy Andrea Shalal, Noah Browning and Timothy Gardner WASHINGTON/LONDON (Reuters) – The Group of Seven rich nations and Australia have agreed to set a fixed price when they finalize a …
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Canada to set up tax credits for clean tech, launch growth fund
by Reutersby ReutersBy Steve Scherer OTTAWA (Reuters) – Canada will introduce tax credits for clean technologies worth up to 30% of investment costs in a bid to close competitive gaps with the …
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Grief-stricken and angry South Korean parents bid final goodbyes to Halloween disaster victims
by Reutersby ReutersBy Ju-min Park, Heekyong Yang and Jihoon Lee SEOUL (Reuters) – “Dad, I’m going out” were the last words Jung Hae-moon heard his daughter utter, at the end of a …
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Amgen posts higher profit, says obesity drug data coming next month
by Reutersby ReutersBy Deena Beasley (Reuters) -Biotechnology company Amgen Inc on Thursday said its third-quarter revenue rose 1% as higher volume growth for its cancer, rheumatology and cardiovascular products was offset by …
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Mickey Mouse, Spider-Man, Super Mario added to Russia’s parallel imports scheme
by Reutersby Reuters(Reuters) – Moscow on Wednesday added Walt Disney, Marvel and DC Comics to a list of brands that can be imported without permission, ensuring sanctions will not hit Russians’ ability …
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Canada cuts 2023 GDP forecast but says economy to avoid recession
by Reutersby ReutersTORONTO (Reuters) – Canadian Finance Minister Chrystia Freeland on Thursday unveiled an economic update, slashing 2023 real GDP forecast to 0.7%, but said the economy would avoid a recession, while …
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U.S. probes insider trading in pre-arranged executive stock sales -Bloomberg News
by Reutersby Reuters(Reuters) -U.S. authorities are investigating whether executives have been gaming prearranged stock-sale programs designed to thwart the possibility of insider trading, Bloomberg News reported on Thursday citing people familiar with …
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Oath Keepers begin defense in trial over U.S. Capitol attack
by Reutersby ReutersBy Chris Gallagher WASHINGTON (Reuters) – Defense lawyers on Thursday opened their case in the trial of Oath Keepers leader Stewart Rhodes and four others over their alleged roles in …
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Vonage agrees to pay $100 million to settle U.S. FTC lawsuit
by Reutersby ReutersBy David Shepardson and Diane Bartz WASHINGTON (Reuters) -Communications firm Vonage agreed to pay $100 million to resolve a Federal Trade Commission (FTC) lawsuit that alleged it had failed to …
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COP 27- U.S. House Republicans to press need for minerals at climate talks
by Reutersby ReutersBy Timothy Gardner WASHINGTON (Reuters) – Republican U.S. representatives heading to U.N. climate talks in Egypt plan to discuss developing critical minerals used in everything from nuclear energy and electricity …
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World equities fall, U.S. Treasury yields rise after hawkish Fed
by Reutersby ReutersBy Chibuike Oguh NEW YORK (Reuters) -Global equities fell while U.S. Treasury yields rose on Thursday as investors weighed hawkish commentary from Federal Reserve Chair Jerome Powell on the prospects …
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By Jarrett Renshaw and Heather Timmons WASHINGTON (Reuters) – The U.S. midterm elections on Tuesday will do much more than shape the next two years of Joe Biden’s presidency, they’ll …