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  • Financial News

    U.S. has not sanctioned Russian oil but traders avoiding it

    by Reuters March 1, 2022
    by Reuters March 1, 2022

    By Jarrett Renshaw and Laura Sanicola WASHINGTON – U.S. traders in the nation’s largest oil hubs have cautiously put imports from Russian companies on hold, even though the White House …

  • Financial News

    Workers at Mexico border auto parts plant oust powerful union, eying ripple effect

    by Reuters March 1, 2022
    by Reuters March 1, 2022

    By Daina Beth Solomon MEXICO CITY – An overwhelming vote by workers at a northern Mexican factory to elect an independent union, defeating an entrenched labor group, could presage more …

  • Financial News

    Rouble weakens to record low, threatening Russian living standards

    by Reuters March 1, 2022
    by Reuters March 1, 2022

    NEW YORK -The rouble weakened past 100 against the dollar in Moscow trade and hit a record low of 117 in other markets on Tuesday, threatening the living standards of …

  • Financial News

    Tiny imploding Russia fund draws rush of options bets

    by Reuters March 1, 2022
    by Reuters March 1, 2022

    By Saqib Iqbal Ahmed NEW YORK – Options on a small, soon-to-be defunct exchange-traded fund tracking Russian stocks drew a rush of trading on Tuesday, as investors placed bets on …

  • Financial News

    U.S. lawmakers seek answers on ‘troubling’ drug price increases

    by Reuters March 1, 2022
    by Reuters March 1, 2022

    By Diane Bartz WASHINGTON – Senators Elizabeth Warren and Amy Klobuchar and 11 other U.S. lawmakers pressed the president of the biggest pharmaceutical industry trade group Tuesday about what they …

  • Financial News

    Ford suspends Russian operations following invasion of Ukraine

    by Reuters March 1, 2022
    by Reuters March 1, 2022

    – Ford Motor Co said on Tuesday that, given Russia’s invasion of Ukraine, it has informed joint venture partner Sollers it is immediately suspending operations in Russia until further notice. …

  • Financial News

    Nike makes online sales unavailable in Russia

    by Reuters March 1, 2022
    by Reuters March 1, 2022

    – Nike Inc has made merchandise purchases on its website and app unavailable in Russia as it cannot guarantee delivery of goods to customers in the country, an update on …

  • Financial News

    Nordstrom shares jump after retailer projects strong full-year results

    by Reuters March 1, 2022
    by Reuters March 1, 2022

    -Nordstrom Inc forecast full-year revenue and profit above estimates on Tuesday, signaling strong demand for its upscale apparel and footwear as Americans resume normal life, and driving its shares up …

  • Financial News

    Oil prices surge over 7% as global crude reserve release disappoints

    by Reuters March 1, 2022
    by Reuters March 1, 2022

    By Scott DiSavino NEW YORK -Oil prices surged over 7% on Tuesday to their highest since 2014, as a global agreement to release crude reserves failed to calm fears about …

  • Financial News

    Oil surges above $100 a barrel, stocks slide on Ukraine conflict

    by Reuters March 1, 2022
    by Reuters March 1, 2022

    By Herbert Lash and Marc Jones NEW YORK/LONDON -Oil shot back above $100 a barrel and U.S. and German government debt rallied on Tuesday as fears increased over the impact …

  • Financial News

    U.S. officials applaud Mexico for assuring ‘fair and safe’ union vote at auto parts plant

    by Reuters March 1, 2022
    by Reuters March 1, 2022

    WASHINGTON – U.S. Trade Representative Katherine Tai and Labor Secretary Marty Walsh on Tuesday lauded Mexico’s efforts to assure a “fair and safe” union vote at the Tridonex auto parts …

  • Financial News

    Yellen tells EU’s Dombrovskis ‘further strong measures’ needed on Russia -Treasury

    by Reuters March 1, 2022
    by Reuters March 1, 2022

    WASHINGTON – U.S. Treasury Secretary Janet Yellen on Tuesday told European Commission Executive Vice President Valdis Dombrovskis that cooperation was needed on “further strong measures” in response to Russia’s invasion …

  • Featured NewsFinancial News

    Euro falls to lowest since June 2020 as Russia’s invasion of Ukraine picks up

    by Reuters March 1, 2022
    by Reuters March 1, 2022

    By Caroline Valetkevitch NEW YORK – The euro hit its lowest level against the U.S. dollar since June 2020 on Tuesday and the Russian rouble was down in volatile trading …

  • California NewsFeatured NewsPolice BlotterUS and World News

    Five dead as man kills three children and himself in California church

    by Reuters March 1, 2022
    by Reuters March 1, 2022

    By Sharon Bernstein SACRAMENTO, Calif. -A man shot and killed his three children and a fourth person before taking his own life on Monday in an outburst of gun violence …

  • Financial News

    Column-Ukraine crisis re-focuses world investment themes: McGeever

    by Reuters March 1, 2022
    by Reuters March 1, 2022

    By Jamie McGeever ORLANDO, Fla. – “A major geopolitical realignment is taking place,” which, like 9/11, “shapes major governments’ foreign and military policies unpredictably for years to come.” So wrote …

  • Financial News

    Facebook whistleblower to attend Biden’s State of the Union address -White House

    by Reuters March 1, 2022
    by Reuters March 1, 2022

    WASHINGTON -Facebook whistleblower Frances Haugen plans to attend U.S. President Joe Biden’s first State of the Union address to Congress on Tuesday night, the White House said, as it seeks …

  • Financial News

    Russian oil trade in disarray over sanctions as prices blast through $100/bbl

    by Reuters March 1, 2022
    by Reuters March 1, 2022

    By Ron Bousso, Julia Payne and Dmitry Zhdannikov LONDON – Russian oil trade was in disarray on Tuesday as producers postponed sales, importers rejected Russian ships and buyers worldwide searched …

  • Financial News

    U.S., allies set oil reserves release as prices soar

    by Reuters March 1, 2022
    by Reuters March 1, 2022

    By Yuka Obayashi and Noah Browning TOKYO – The United States and other member states of the International Energy Agency (IEA) on Tuesday agreed to release 60 million barrels of …

  • Financial News

    Global risks cloud Fed’s policy pivot as Powell heads to Congress

    by Reuters March 1, 2022
    by Reuters March 1, 2022

    By Howard Schneider – The Federal Reserve’s plan to end the loose money policies used to fight the coronavirus pandemic is facing an unexpectedly early test as the Russian invasion …

  • Financial News

    Exclusive-World Bank pushes for $350 million Ukraine loan approval within days -sources

    by Reuters March 1, 2022
    by Reuters March 1, 2022

    By David Lawder WASHINGTON -The World Bank is pushing for “fast-track” approval of an additional $350 million loan for Ukraine within days, to provide emergency cash for its efforts to …

  • Financial News

    Apple says it halts all product sales in Russia

    by Reuters March 1, 2022
    by Reuters March 1, 2022

    -Apple Inc said on Tuesday it has paused all product sales in Russia in response to the Russian invasion of Ukraine. “We are deeply concerned about the Russian invasion of …

  • Financial News

    Google drops RT, other Russian state media from its news features

    by Reuters March 1, 2022
    by Reuters March 1, 2022

    By Paresh Dave OAKLAND, Calif. -Alphabet Inc’s Google confirmed on Tuesday that it had removed Russian state-funded publishers such as RT from its news-related features, including the Google News search …

  • Financial News

    BoE’s Saunders says Ukraine impact on rate decisions unclear

    by Reuters March 1, 2022
    by Reuters March 1, 2022

    By William Schomberg and David Milliken LONDON -Bank of England policymaker Michael Saunders said Russia’s invasion of Ukraine is likely to push Britain’s soaring inflation higher, but that it is …

  • Financial News

    Entities from ‘unfriendly countries’ will need Russia’s permission for certain deals

    by Reuters March 1, 2022
    by Reuters March 1, 2022

    MOSCOW – Deals with securities or real estate, or provision of rouble loans involving entities from countries unfriendly to Russia will require special authorisation from March 2, the Kremlin said …

  • Financial News

    Canada’s Nutrien eyes prolonged global fertilizer disruption from invasion of Ukraine

    by Reuters March 1, 2022
    by Reuters March 1, 2022

    By Rod Nickel WINNIPEG, Manitoba -Canada’s Nutrien Ltd, the world’s biggest fertilizer producer, said on Tuesday that Russia’s invasion of Ukraine could result in prolonged disruptions to the global supply …

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