By Dietrich Knauth (Reuters) – Collapsed crypto exchange FTX on Thursday asked a U.S. bankruptcy judge to stop crypto lender BlockFi from laying claim to more than $440 million worth of Robinhoo[...]
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December 22, 2022
The whack-a-mole economy: U.S. manufacturers struggle with unpredictable supplies
By Timothy Aeppel (Reuters) – Glen Calder expected a shipment of gearbox reducers needed to build a particular model of his company’s paving machines last week. But when he called on Thurs[...]
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Analysis-Fed’s balance sheet drawdown could sunset next year
By Michael S. Derby NEW YORK (Reuters) – The Federal Reserve’s ongoing efforts to shrink its balance sheet may end earlier than once thought, even as the U.S. central bank charts a more ag[...]
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Analysis-High yields and savings to boost ordinary Italians’ bond purchases
By Sara Rossi, Alessia Pe and Valentina Consiglio MILAN (Reuters) – Enticing returns on government bonds and the fear of inflation should lure more Italian retail investors to the fixed income m[...]
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Crypto firm Bullish, Far Peak call off $9 billion SPAC deal
(Reuters) -Cryptocurrency firm Bullish and Far Peak Acquisition Corp said on Thursday they had called off their $9 billion merger, making it the latest blank-check deal to fall through as the industry[...]
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Exclusive-TikTok steps up efforts to clinch U.S. security deal
By Echo Wang and David Shepardson NEW YORK/WASHINGTON (Reuters) – Popular short-video app TikTok is offering to operate more of its business at arm’s length and subject it to outside scrut[...]
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U.S. winter storm hits meat plants, threatens wheat and cattle
By Tom Polansek and P.J. Huffstutter CHICAGO (Reuters) -Tyson Foods Inc said it suspended and reduced operations at some U.S. meat facilities on Thursday due to a massive winter storm, while farmers i[...]
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Twitter seeks dismissal of disability bias lawsuit over job cuts
(Corrects to reflect that one plaintiff was laid off and is not a current employee in paragraphs 5-7) By Daniel Wiessner (Reuters) -Twitter Inc has asked a federal judge in California to toss out a pr[...]
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Marketmind: Season’s beatings
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Asian stocks look set to decline for a second consecutive week as a sea of red on Wall Street spills o[...]
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