By David Milliken LONDON (Reuters) – British businesses are gloomy about prospects for 2023 as they face the likelihood of…
U.S. forces glass, security companies to drop noncompete clauses for workers
WASHINGTON (Reuters) -Under pressure from the Biden administration, two glass container makers and a security company have agreed to drop…
Fed wants ‘flexibility’ on rates as inflation remains key focus, minutes show
By Howard Schneider WASHINGTON (Reuters) -All officials at the Federal Reserve’s Dec. 13-14 policy meeting agreed the U.S. central bank…
Venezuela’s lack of dredging causes trouble for Chevron’s heavy oil exports
By Mircely Guanipa and Marianna Parraga HOUSTON/MARACAY, Venezuela (Reuters) – A shipping channel snafu is slowing Chevron Corp’s efforts to…
CIBC ordered to pay $848 million damages to Cerberus, will appeal
By Jonathan Stempel NEW YORK (Reuters) -Canadian Imperial Bank of Commerce plans to appeal a New York judge’s order that…
Oil falls more than 5% on global economy worry, China COVID cases
By Laila Kearney NEW YORK (Reuters) -Oil fell by more than $4 a barrel on Wednesday, posting the steepest percentage…
Fed officials offering less confidence reverse repo usage will shrink
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve officials may be starting to come to terms with the…
Trader Joe’s is sued over lead, cadmium levels in dark chocolate
By Jonathan Stempel NEW YORK (Reuters) – Trader Joe’s was sued on Wednesday by a consumer who accused the grocery…
Stocks, bonds jump as investors shrug off hawkish Fed minutes
By Koh Gui Qing NEW YORK (Reuters) -Global stocks and bonds closed higher on Wednesday on cautious optimism about the…
GE HealthCare rises 8% in market debut, eyes small deals
By Leroy Leo and Kannaki Deka (Reuters) -GE HealthCare Technologies Inc’s shares rose as much as 8.4% in their Nasdaq…