By Diana Novak Jones (Reuters) – Nearly 60 lawsuits claiming hair relaxer products sold by L’Oreal USA Inc and other…
Germany’s Habeck optimistic EU and U.S. can reduce trade tension
By Christian Kraemer and Jeff Mason WASHINGTON (Reuters) -German Economy Minister Robert Habeck expressed optimism on Monday about resolving a…
Fed may need to push rates higher, Bostic tells Bloomberg
(Reuters) -The U.S. Federal Reserve may need to lift borrowing costs higher than previously anticipated given the unexpectedly strong reading…
Goldman Sachs cuts U.S. recession odds to 25% on strong labor market
NEW YORK (Reuters) – Goldman Sachs said on Monday it now sees a 25% probability of the United States entering…
U.S. judge denies FTC request to stop Meta from acquiring VR firm Within
WASHINGTON (Reuters) -A judge on Friday released a ruling denying the Federal Trade Commission’s request to stop Meta Platforms Inc…
Dollar extends rebound as U.S. data supports; yen slips
By Saqib Iqbal Ahmed NEW YORK (Reuters) – The dollar jumped to a four-week high against the euro on Monday,…
China reopening is wild card for Canada sticking economic soft landing, analysts say
By Steve Scherer and Fergal Smith OTTAWA/TORONTO (Reuters) – China’s rapid reopening is likely to fuel demand for commodities produced…
U.S. VP Harris highlights $4.2 billion private sector investment in Central America
By Ted Hesson WASHINGTON (Reuters) – Private companies have committed to invest $4.2 billion in northern Central America as part…
FTX points to cost, cyber-risk in opposing independent bankruptcy investigation
By Dietrich Knauth (Reuters) -FTX’s lawyers on Monday strongly urged a U.S. bankruptcy judge in Delaware not to greenlight a…
Drug companies face COVID cliff in 2023 as sales set to plummet
By Michael Erman and Patrick Wingrove NEW YORK (Reuters) – Pharmaceutical companies that made billions from the pandemic over the…