U.S. sues to stop merger of Rhode Island hospital companies
WASHINGTON – The U.S. Federal Trade Commission said on Thursday that it would file a lawsuit aimed at stopping the merger of Rhode Island’s two …
Reuters OLR – no image
Bayer rolls out short corn variety tolerant of weather extremes
By Karl Plume – Global farm chemicals and seeds maker Bayer will launch a corn variety in the United States next year that it says …
Private equity’s latest play: the troubled kids industry
By Michelle Conlin NEW YORK -Private equity firms are increasingly investing in behavioral services for troubled youth, according to a new report released on Thursday …
Cryptocurrency firm Circle doubles valuation to $9 billion in tweaked SPAC deal
-Cryptocurrency operator Circle Internet Financial said on Thursday it was valued at $9 billion under new deal terms with Concord Acquisition Corp, a blank-check firm …
Russian lender TCS picks payments firm BPC for Philippines expansion
MOSCOW -TCS Group Holding, which runs Russia’s largest online bank, Tinkoff, will partner with payment solutions provider BPC in the Philippines as it pushes ahead …
French insurer CNP to stop financing new oil and gas projects
By Simon Jessop LONDON – France’s CNP Assurances will no longer finance new oil and gas projects or invest more money in companies planning to …
ECB’s De Cos says withdrawal of stimulus scheme should be data-dependent, gradual
MADRID – European Central Bank policymaker Pablo Hernandez de Cos on Thursday said that any premature tightening of monetary policy would only hurt the economy …
Insurer NN Group plans 1 billion euros share buyback as demand remains strong
AMSTERDAM – Dutch insurer NN Group on Thursday announced a 1 billion euros ($1.14 billion) share buyback, as demand for insurance remained strong in the …
Honduras’ Congress approves $2 billion in borrowing under new leader
TEGUCIGALPA – Congress in Honduras has authorized the government to borrow up to $2 billion in 2022 and 2023 in domestic and foreign debt under …
Jana Partners launches proxy fight at Zendesk, nominates four to board
By Svea Herbst-Bayliss BOSTON – Jana Partners has nominated four directors to the board of Zendesk, arguing the company must be rehabilitated after an unpopular …
Kentucky says highly lethal bird flu confirmed in turkey flock
CHICAGO – Testing confirmed a highly lethal form of bird flu in a commercial turkey flock in Kentucky, the state said on Wednesday, expanding outbreaks …
Turkey gets $3 billion in first dollar debt sale since lira crash
By Yousef Saba DUBAI -Turkey sold $3 billion in Islamic bonds on Wednesday, in its first U.S. dollar-denominated debt sale since September, before unorthodox rate-cutting …
G20 finance chiefs to discuss Ukraine this week – German official
BERLIN – Finance chiefs from the Group of 20 leading economies will discuss the Ukraine crisis this week but it is unclear whether they will …
Crescent Energy buys EP Energy’s Uinta oil and gas assets for $815 million
– Oil and gas producer Crescent Energy said on Wednesday it would buy around 145,000 net acres of oil- and gas-producing assets in the Uinta …
Low risk of sovereign rating pressures from Ukraine tensions, Moody’s says
By Marc Jones LONDON – The risk of material credit rating pressures from the current tensions between Russia and Ukraine is low, Moody’s said on …
Tight supplies lift Mideast and Russian crude grades to multi-year highs
By Florence Tan SINGAPORE -Middle East benchmark Dubai crude soared to a record this week while spot premiums for April-loading Russian oil jumped to their …
Ukraine’s Metinvest to invest $1 billion in new production facilities in 2022
KYIV – Ukraine’s largest steelmaker Metinvest BV plans to invest $1 billion this year in modernisation and new production facilities, majority owner Rinat Akhmetov said …
Column-Entangled fears of Fed error and Ukraine crisis: Mike Dolan
By Mike Dolan LONDON – Keen to downplay anxieties about war in Europe, global investors appear to fear a monetary policy miscalculation even more. Their …
Turkey’s Ziraat Bank raises capital to 34.9 billion lira
ISTANBUL – The capital of Turkey’s Ziraat Bank will be raised to 34.9 billion lira ($2.57 billion) according to footnotes of the bank’s annual financial …
U.S. detects highly lethal bird flu in Tyson Foods chickens
By Tom Polansek CHICAGO -A flock of about 240,000 chickens owned by Tyson Foods Inc in Kentucky tested positive for a highly lethal form of …
Colorado clerk who backs Trump’s false claims to seek state’s top election post
– A Colorado county clerk who is a proponent of former President Donald Trump’s false claims of widespread election fraud and is facing investigation for …
U.S. Coast Guard searching for missing plane with 8 aboard off North Carolina
– The U.S. Coast Guard was searching an area four miles (6 km) off the Outer Banks of the North Carolina coast for a plane …
Private equity firm CD&R offers to buy rest of Cornerstone Building Brands
– Cornerstone Building Brands Inc said on Monday that private equity group Clayton, Dubilier & Rice (CD&R) had proposed to acquire the rest of the …
Unruly passenger incident forces American Airlines flight to divert to Kansas City
– An American Airlines flight headed to Washington on Sunday was diverted to Kansas City after crew members and passengers subdued an unruly passenger, the …
Canada relocates military personnel out of Ukraine amid Russia threats
TORONTO – Canada has temporarily withdrawn its Ukraine-based military personnel to an undisclosed destination in Europe, the Canadian defence ministry said on Sunday, as Western …
New York City’s ‘oldest chocolate factory’ ramps up ahead of Valentine’s Day
NEW YORK – Dripping chocolate covered homemade, heart-shaped marshmallows at Li-Lac Chocolates’ 9000-square-foot production space in New York City, as the chocolate factory ramped up …
Phoenix gunfight leaves victim and suspect dead, 9 officers wounded
By David Schwartz PHOENIX -A man fatally shot a woman inside a Phoenix home on Friday, then opened fire on police who were called to …
U.S. naval engineer charged with submarine espionage due in court for plea hearing
By Jan Wolfe WASHINGTON – A former U.S. Navy engineer charged with attempting to sell secrets about nuclear submarines to a foreign power will appear …
Jerry Harris from U.S. reality TV show ‘Cheer’ pleads guilty in child sex case
LOS ANGELES – Jerry Harris, who starred in the American reality TV show “Cheer,” pleaded guilty on Thursday to two charges related to child [censored]ography …
Affirm posts larger-than-expected loss, shares sink
-Affirm Holdings Inc on Thursday posted a larger-than-expected loss for the second quarter as the buy now, pay later firm spent more on stock-based compensation …
Former NFL player sentenced to 5 years in healthcare fraud scheme
– Former National Football League linebacker Robert McCune was sentenced on Wednesday to five years in prison for orchestrating a scheme to defraud the healthcare …
U.S. confirms highly pathogenic bird flu at Indiana turkey farm
By Tom Polansek CHICAGO -The U.S. Department of Agriculture (USDA) reported an outbreak of highly pathogenic avian flu in an Indiana turkey flock on Wednesday, …
Private contractor to scrap facial recognition requirement for U.S. agencies
By Kanishka Singh – Private contractor ID.me said it will drop the facial recognition requirement in the identity-verification software used by several U.S. states and …
U.S. dividend funds receive huge inflows as investors switch out of bonds
By Patturaja Murugaboopathy – U.S. investors are snapping up funds that invest in dividend-paying stocks as they search for stable income from alternatives to bond …
Massachusetts to end statewide school mask mandate on Feb. 28 – Governor
– Massachusetts Governor Charlie Baker said on Wednesday his state will end its school mask mandate on Feb. 28, but individual schools districts will still …
Smurfit Kappa sees further price rises after record earnings
By Padraic Halpin DUBLIN -Smurfit Kappa expects to increase prices further this year to recover high costs after bumper demand and a 19% jump in …
Colorado Springs to pay nearly $3 million to family of Black man shot dead by police
By Keith Coffman DENVER – A Colorado city has agreed to pay $2.9 million to settle a civil rights lawsuit filed by the family of …
Israel strikes Syria in response to anti-aircraft fire
JERUSALEM -The Israeli military said it attacked missile batteries in Syria on Wednesday after an anti-aircraft missile was fired towards Israel during what Syrian state …
Self-proclaimed ‘Crocodile of Wall Street’ snagged in big Bitcoin bust
By Raphael Satter WASHINGTON – Heather Morgan is a would-be corporate influencer who raps about entrepreneurship, designs handbags inspired by ketchup squirts, and signs off …
Dubai’s SHUAA Capital files with SEC for potential SPAC listing in NY
DUBAI – Dubai-listed investment bank SHUAA Capital said on Tuesday it has filed a registration statement with the U.S. Securities and Exchange Commission for the …
Exclusive: Canada’s Crescent Point looks to sell some oil and gas assets -documents
(Drops inaccurate reference to Crescent Point being an oil sands company in last paragraph) By Shariq Khan – Canadian oil and gas producer Crescent Point …
Activist Ortelius seeks control of Trecora board, nominates six- letter
By Svea Herbst-Bayliss BOSTON -Activist investment firm Ortelius Advisors wants to take control of petrochemical products company Trecora Resources’ board and has nominated six directors, …
Aurubis confirms 85% quarterly profit rise, raised earnings forecast
HAMBURG -Aurubis AG, Europe’s largest copper producer, on Monday confirmed an 85% rise in quarterly profits and reiterated increased full-year earnings estimates as high metal …
Housekeeper at Colorado ranch of Michael Bloomberg abducted at gunpoint
By Keith Coffman DENVER – A housekeeper at the Colorado ranch of billionaire Michael Bloomberg was abducted at gunpoint this week by a man who …
Some 50 Iranian MPs test positive for COVID as Omicron rages – lawmaker
– Some 50 members of Iran’s 290-seat parliament have contracted COVID-19, a senior MP said on Saturday as the Omicron variant spreads unabated across the …
New York City’s public school system goes meat-free on Fridays
NEW YORK – Bring on the broccoli. New York City’s public schools have started serving vegan meals once a week on Fridays, as part of …
U.S. targets multiple Belarusians’ visas over athlete repression
WASHINGTON -The United States on Thursday said it was imposing visa restrictions on several Belarusians, citing the repression of athletes abroad including the attempted forced …
U.S. Capitol police give all-clear at Cannon building after evacuation
WASHINGTON -The Cannon House Office Building on Capitol Hill was evacuated for about two hours on Thursday due to an alarm, U.S. Capitol police said. …
Attacks on Pakistan military bases kill seven soldiers, 13 insurgents- army
By Gul Yousafzai and Asif Shahzad QUETTA, Pakistan -Insurgents armed with bombs and guns attacked two Pakistani military bases overnight, killing seven soldiers while losing …
Senator Toomey says Fed nominee Jefferson is ‘well-suited’ to job
By Jonnelle Marte NEW YORK -One of President Joe Biden’s nominees for the Federal Reserve’s Board of Governors received a key Republican endorsement on Thursday …