(Reuters) – Analysts raised 2023 earnings estimates for Asian companies over the past month, contrasting with the raft of earnings downgrades in the last year, as China’s reopening and slowing …
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Major School District Sues Big Tech Companies For Allegedly Harming Kids’ Mental Health Reagan Reese on January 9, 2023 Seattle Public Schools sued several social media companies Friday for allegedly …
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BERLIN (Reuters) – Four out of ten German companies expect business to shrink in 2023, a survey by the German Economic Institute (IW) showed on Monday, blaming high energy costs, …
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Senate Dems Try To Beef Up Staff For Potential Probes Of Energy Companies Jack McEvoy on January 5, 2023 Democrats on the Senate Budget Committee are attempting to employ a …
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Jet Medical and Related Companies Agree to Pay More Than $700,000 to Resolve Medical Device Allegations
by DOJ PressWASHINGTON – Pennsylvania-based medical device distributor Jet Medical Inc. (Jet) agreed to pay $200,000 to resolve criminal allegations relating to a migraine headache treatment, and Jet and two related companies …
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By Michael S. Derby NEW YORK (Reuters) – American technology firms dominated the number of announced job cuts in December, as some employers downsized workforces to brace for the prospect …
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TOKYO (Reuters) – Japanese Prime Minister Fumio Kishida on Wednesday urged companies to increase wages faster than the rate of inflation. “In the past 30 years, wages did not rise …
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(Reuters) – Major U.S.-listed Chinese companies, including Pinduoduo Inc and Full Truck Alliance Co, have put discussions about a potential Hong Kong listing on hold, The Information reported on Wednesday, …
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After Two Years Of Shortage, Tech Companies Grapple With Chip Surplus John Hugh DeMastri on December 27, 2022 After two years of global chip shortages sent prices for electronics skyrocketing, …
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JOHN STOSSEL: Comic Books Companies Put All Their Chips Down On Wokeness. It Isn’t Working Out For Them John Stossel on December 28, 2022 Did you know that Superman’s son …
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By Rene Wagner BERLIN (Reuters) – German companies want to boost their activities in Africa next year, especially in areas such as green hydrogen and liquefied natural gas, with 43% …
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Bronson Winslow on December 21, 2022 Mayors Malik Evans of Rochester and Byron Brown of Buffalo announced lawsuits against major gun manufacturers and distributors on Tuesday. According to Rochester and …
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Cardiac Monitoring Companies to Pay More than $44.8 Million to Resolve False Claims Act Liability Relating to Services Performed by Offshore Technicians
by DOJ PressPHILADELPHIA – BioTelemetry, Inc. and its subsidiary CardioNet, LLC, both headquartered in Pennsylvania (collectively, “BioTelemetry”), have agreed to pay $44,875,000 to resolve allegations that they violated the False Claims Act …
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Private debt markets face reality check as companies grapple with rising rates, recession
by ReutersBy Chiara Elisei LONDON (Reuters) – Stellar growth in private debt markets over the past decade looks set to face a reality check as a looming recession and higher interest …
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NEWARK, N.J. – A company based in the People’s Republic of China, along with three businesses located in New Jersey and New York, entered into settlement agreements with the United …
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New York Attorney And Doctor Convicted Of Defrauding New York City-Area Businesses And Their Insurance Companies Of More Than $31 Million Through Massive Trip-And-Fall Fraud Scheme
by DOJ PressDamian Williams, the United States Attorney for the Southern District of New York, announced the convictions today in Manhattan federal court of GEORGE CONSTANTINE, a New York lawyer, and ANDREW …
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TRENTON, NJ – A bill that will stop a predatory towing practice in New Jersey during the state’s car theft epidemic will be considered next week by the state’s Senate …
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Biden Regulator Fires Warning Shot At Musk’s Twitter, Tech Companies John Hugh DeMastri on December 15, 2022 Samuel Levine, director of the consumer protection bureau at the Federal Trade Commission …
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WASHINGTON (Reuters) – The Biden administration on Thursday added Chinese memory chipmaker YMTC and 21 “major” Chinese players in the artificial intelligence chip sector to a trade blacklist, broadening its …
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(Reuters) – The Biden administration plans to place Chinese chip maker Yangtze Memory Technologies (YMTC) and 35 other Chinese firms on a trade blacklist that would prevent them from buying …
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By Joe Cash, Ellen Zhang and Sophie Yu BEIJING (Reuters) – From e-commerce giant JD.com to cosmetics brand Sephora, companies in China are rushing to minimise the impact of surging …
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MONTREAL (Reuters) – Here’s the plan: Select 100 companies whose business burdens nature. Then, offer advice on how to lighten their impact and monitor their progress. Such is the vision …
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The Biden Admin’s Latest Offshore Wind Lease Sales Mostly Went To Foreign Energy Companies Jack McEvoy on December 8, 2022 Roughly 78% of federal land auctioned by the Biden administration …
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By Rod Nickel WINNIPEG, Manitoba (Reuters) – After a bumper year of share buybacks and dividends, investors in debt-light Canadian oil and gas producers are set to reward shareholders even …
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OSLO (Reuters) – Norwegian companies see a further deterioration in their outlook for the next six months, a central bank survey showed on Tuesday. “Looking ahead, contacts expect lower activity …