By Timothy Gardner and Andrea Shalal WASHINGTON (Reuters) – Western economies agreed new price caps on Friday on Russia’s exports of oil products that U.S. Treasury Secretary Janet Yellen[...]
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February 3, 2023
Argentina likely to see inflation tick up this year -analysts
BUENOS AIRES (Reuters) – Analysts consulted by Argentina’s central bank expect surging consumer prices to rise slightly this year, the bank said on Friday, which would mark a second straig[...]
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U.S. jury finds Tesla and Musk not liable in case over take-private tweet
(Reuters) – A U.S. jury on Friday found Tesla Inc and CEO Elon Musk not liable in a securities fraud case over a tweet that he had lined up funding to take the electric car company private. Plai[...]
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Wall Street ends down after stunning jobs growth raises Fed questions
By Lewis Krauskopf, Shreyashi Sanyal and Johann M Cherian (Reuters) – Major U.S. stock indexes ended lower on Friday after surprisingly strong jobs data sparked concerns about aggressive Federal[...]
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Southwest Airlines to testify at U.S. Senate hearing after meltdown
By David Shepardson WASHINGTON (Reuters) -Southwest Airlines Chief Operating Officer Andrew Watterson will testify on Feb. 9 before the U.S. Senate Commerce Committee after a holiday meltdown forced t[...]
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Honda issues ‘Do Not Drive’ warning for 8,200 U.S. vehicles over air bag risks
By David Shepardson WASHINGTON (Reuters) -Honda Motor Co on Friday issued a “Do Not Drive” warning for 8,200 Acura and Honda vehicles with unrepaired Takata air bag inflators in the United[...]
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BofA trims CEO Moynihan’s pay to $30 million as Wall Street curbs compensation
NEW YORK (Reuters) -Bank of America Corp reduced compensation for Chief Executive Officer Brian Moynihan by roughly 6% to $30 million for 2022, the lender said in a filing on Friday. Moynihan’s[...]
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Samsung LED settlement worth $150 million, nanotech firm says
By Blake Brittain (Reuters) – Samsung Electronics Co has agreed to pay $150 million to British nanotechnology company Nanoco Technologies to settle patent lawsuits over technology used in Samsun[...]
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Grocery consumers sue to block Kroger’s $25 billion buy of Albertsons
By Mike Scarcella (Reuters) – A private lawsuit filed in California on Thursday seeks to stop Kroger Co’s planned $25 billion purchase of rival Albertsons Companies Inc, a deal that state[...]
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