(Reuters) – FTX founder Sam Bankman-Fried in a blog post refuted some claims made by the company’s lawyers on Tuesday,…
Oil eases 1% as U.S. recession worries offset China recovery hopes
By Scott DiSavino NEW YORK (Reuters) – Oil prices fell about 1% on Wednesday, surrendering early gains as worries about…
Costco must face lawsuit over ‘dolphin safe’ tuna claim
By Jonathan Stempel (Reuters) – A U.S. judge on Tuesday said Costco Wholesale Corp must face a lawsuit claiming it…
Heavy slate of U.S. oil refinery overhauls to crimp fuel output
By Laura Sanicola WASHINGTON (Reuters) – U.S. oil refiners plan twice as many refinery overhauls this spring as usual, aiming…
Party City files for Chapter 11 bankruptcy protection
(Reuters) -Party City Holdco Inc filed for Chapter 11 bankruptcy protection on Tuesday, making it the latest casualty in the…
Former Fox execs conspired to bribe FIFA officials, prosecution witness says
By Jack Queen (Reuters) – An Argentine businessman testified on Wednesday that two former 21st Century Fox executives and a…
U.S. airlines sound bullish on travel demand despite recession risk
By Rajesh Kumar Singh CHICAGO (Reuters) – U.S. airlines on the back of strong financial results remain upbeat about travel…
U.S. retail sales post biggest drop in a year; inflation retreating
By Lucia Mutikani WASHINGTON (Reuters) – U.S. retail sales fell by the most in a year in December, pulled down…
Big Tech braces for dismal profits, more job cuts
By Nivedita Balu and Yuvraj Malik (Reuters) – Keen to buttress margins and appease investor concerns at a time of…
U.S. firms pessimistic about economic growth this year, Fed survey shows
(Reuters) – There were some encouraging signs U.S. inflation pressures and labor shortages were easing, a Federal Reserve report showed…