By Lewis Krauskopf (Reuters) – Shares of U.S. banks are taking a beating in December, as worries over an expected recession and weakening profit margins dull the industry’s appeal. The S[...]
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December 16, 2022
Fed’s Mester sees rates rising more than most policy makers have forecast
By Michael S. Derby (Reuters) – Cleveland Federal Reserve bank President Loretta Mester said on Friday that she believes the U.S. central bank will have to raise interest rates higher than the l[...]
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Amazon failed to record warehouse injuries, U.S. agency says
By Daniel Wiessner (Reuters) -Amazon.com Inc failed to properly record work-related injuries and illnesses at six warehouses in five states, the U.S. Department of Labor said on Friday as part of an o[...]
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FTX bankruptcy judge allows media companies to argue for revealing customer names
By Dietrich Knauth (Reuters) – A U.S. judge overseeing the bankruptcy of FTX said on Friday that he will allow media companies to make their case that the collapsed crypto exchange must publicly[...]
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British Airways, Virgin Atlantic limit ticket sales to Heathrow due to strikes
LONDON (Reuters) – British Airways and Virgin Atlantic will limit ticket sales for flights to London’s Heathrow Airport during planned strikes by border agents over Christmas and New Year[...]
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‘Cryptoqueen’ associate pleads guilty in U.S. over OneCoin fraud
By Luc Cohen NEW YORK (Reuters) – A dual citizen of Sweden and the United Kingdom pleaded guilty to U.S. fraud and money laundering charges on Friday for selling a fake cryptocurrency alongside[...]
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Mexico, U.S. to hold videoconference in early Jan. on Mexico aviation rating
MEXICO CITY (Reuters) – Mexican aviation authorities have proposed to hold a videoconference with the United States’ Federal Aviation Administration (FAA) in early January to review progre[...]
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Latin America emerging as hot spot for more climate-friendly jet fuel
By Allison Lampert and Oliver Griffin MONTREAL/BOGOTA (Reuters) – Latin America is drawing early investment for jet fuel produced from materials like forest residues and palm oil as emission-con[...]
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U.S. extends tariff exclusions on 352 Chinese import categories for nine months
WASHINGTON (Reuters) – The U.S. Trade Representative’s office said on Friday it is extending China “Section 301” tariff exclusions for another nine months on 352 Chinese import[...]
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