By Andrea Shalal DAKAR (Reuters) -Russia’s war in Ukraine is hitting Africans particularly hard by exacerbating food insecurity and putting…
U.S. asks judge to hold Shkreli in contempt for allegedly flouting pharma industry ban
WASHINGTON (Reuters) -U.S. regulators asked a federal judge on Friday to hold Martin Shkreli in contempt for allegedly impeding its…
Oil settles up more than 1% on China demand outlook, second weekly gain
By Laila Kearney NEW YORK (Reuters) -Oil settled up about $1 a barrel on Friday and notched a second straight…
Fed can likely slow runoff as bank reserves near 10% to 11% of GDP
(Reuters) – The Federal Reserve can probably start to slow its balance sheet runoff once bank reserves fall to around…
U.S. fines J&J $9.75 million over kickbacks to surgeon for overseas surgeries
By Jonathan Stempel (Reuters) – Johnson & Johnson and its DePuy Synthes unit will pay $9.75 million to settle U.S.…
U.S. hits debt ceiling as partisan standoff sparks economic worries
By David Morgan and David Lawder WASHINGTON (Reuters) – The U.S. government hit its $31.4 trillion borrowing limit on Thursday,…
Fed’s Waller, citing “good news,” backs quarter-point increase at next meeting
By Howard Schneider and Ann Saphir (Reuters) -U.S. Federal Reserve Governor Christopher Waller, one of the leading inflation hawks and…
U.S. aviation authority FAA opens office in Mexico
By Kylie Madry and David Shepardson MEXICO CITY/WASHINGTON (Reuters) -The U.S. Federal Aviation Administration (FAA) has opened an office in…
Samsung loses bid to pause Caltech patent lawsuit over wireless chips
By Blake Brittain (Reuters) – Samsung Electronics Co failed to convince an East Texas federal court on Friday to pause…
French court orders Uber to pay some $18 million to drivers, company to appeal
By Tassilo Hummel PARIS (Reuters) – French court on Friday ordered Uber to pay around 17 million euros ($18.43 million)…