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Fired Amazon organizer loses bid to revive race bias lawsuit

BY Reuters  • December 8, 2022December 8, 2022
By Daniel Wiessner (Reuters) – A U.S. appeals court on Thursday declined to revive claims that Amazon.com Inc fired New York warehouse worker Christian Smalls, a pivotal figure in a campaign to[...]
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Stocks rise on hope of revived China demand, oil slips

BY Reuters  • December 8, 2022December 8, 2022
By Herbert Lash NEW YORK (Reuters) -World stocks rose and oil prices initially rebounded on Thursday on hopes that China’s easing of its anti-COVID-19 measures will help restore global supply ch[...]
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Yellen: U.S. can avoid recession, on ‘right track’ to lower inflation

BY Reuters  • December 8, 2022December 8, 2022
By Andrea Shalal FORT WORTH, Texas (Reuters) – The United States can avoid a recession, given that there is no wage-price spiral and supply chain bottlenecks are starting to ease, U.S. Treasury[...]
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Yellen honors pioneers as U.S. prints first banknotes with women’s signatures

BY Reuters  • December 8, 2022December 8, 2022
By Andrea Shalal FORT WORTH, Texas (Reuters) – U.S. Treasury Secretary Janet Yellen on Thursday hailed fellow pioneers during the unveiling of the first U.S. banknotes printed with two women[...]
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Recession worries could support dollar after monstrous 2022 rally

BY Reuters  • December 8, 2022December 8, 2022
By Saqib Iqbal Ahmed NEW YORK (Reuters) – A breathtaking surge in the U.S. dollar trampled foreign currencies, gouged corporate profits and gave investors one of the year’s few winning trades. T[...]
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Wirecard bosses’ fraud trial begins after scandal that rocked Germany

BY Reuters  • December 8, 2022December 8, 2022
By Jörn Poltz MUNICH (Reuters) – Wirecard’s former chief executive, who steered the payments company through its rise and spectacular collapse two years ago, went on trial for fraud on Thu[...]
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U.S. lawmakers push for more oversight of Elon Musk’s Neuralink

BY Reuters  • December 8, 2022December 8, 2022
By Rachael Levy (Reuters) – U.S. House Representatives Earl Francis Blumenauer and Adam Schiff want further U.S. Department of Agriculture (USDA) scrutiny of Elon Musk’s Neuralink followin[...]
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Barclays promotes mostly men to investment bank managing director

BY Reuters  • December 8, 2022December 8, 2022
By Stefania Spezzati, Lawrence White and Iain Withers LONDON (Reuters) -Barclays has promoted 85 people to managing director in its investment bank, it said on Thursday, with by far the majority of th[...]
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Foxconn’s COVID-hit China plant lifts “closed-loop” management curbs

BY Reuters  • December 8, 2022December 8, 2022
LONDON (Reuters) – HONG KONG, Dec 8 (Reuters) – Apple supplier Foxconn’s COVID-hit Zhengzhou facility in China has lifted its “closed-loop” management curbs on Thursday,[...]
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