(Reuters) – Alaska Airlines said on Friday its operations have returned to normal across its network, after a massive winter storm in the United States crippled movement through the holiday week[...]
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December 30, 2022
Exclusive-Drugmakers to raise prices on at least 350 drugs in U.S. in January
By Michael Erman and Julie Steenhuysen NEW YORK (Reuters) – Drugmakers including Pfizer Inc, GlaxoSmithKline PLC, Bristol Myers Squibb, AstraZeneca PLC and Sanofi SA plan to raise prices in the[...]
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Wall St ends 2022 with biggest annual drop since 2008
By Echo Wang (Reuters) – U.S. stocks closed out 2022 lower on Friday, capping a year of sharp losses driven by aggressive interest rate hikes to curb inflation, recession fears, the Russia-Ukrai[...]
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Pentagon awards $7.8 billion F-35 contract modification to Lockheed Martin
WASHINGTON (Reuters) -The U.S. Defense Department said on Friday it had awarded a $7.8 billion contract modification for F-35 aircraft to Lockheed Martin Corp. “This modification adds scope to p[...]
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Bankman-Fried set to enter not guilty plea in FTX fraud case -source
By Jack Queen NEW YORK (Reuters) -Sam Bankman-Fried is expected on Tuesday to enter a plea of not guilty to criminal charges that he cheated investors and looted billions of dollars at his now-bankrup[...]
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Coal, gas lead 2022 commodities rally; recession clouds new year
By Naveen Thukral and Florence Tan SINGAPORE (Reuters) – Coal and natural gas markets ended 2022 with strong gains on Friday after a global energy crisis triggered by the Russia-Ukraine war stok[...]
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Stocks end 2022 with a thud; Treasury yields, oil prices rise
By Sinéad Carew and Carolyn Cohn NEW YORK, LONDON (Reuters) – Wall Street equity indexes finished lower on Friday on 2022’s last trading day, while Treasury yields rose along with oil futu[...]
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Bahamas regulator holds FTX assets pending delivery to customers, creditors
(Reuters) -The Securities Commission of the Bahamas said on Thursday that it is holding FTX assets worth $3.5 billion based on market pricing at the time of transfer on a temporary basis to deliver th[...]
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New Fed research flags rising risk of U.S. recession
By Michael S. Derby NEW YORK (Reuters) – Just over half of the 50 U.S. states are exhibiting signs of slowing economic activity, breaching a key threshold that often signals a recession is in th[...]
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