By Clara Denina and Sarah McFarlane LONDON (Reuters) – Europe needs its industrial companies to save energy amid soaring costs…
Powell says Fed officials recommitted to meeting new ethics standards
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Chair Jerome Powell acknowledged on Wednesday the U.S. central bank’s…
CVS, Walmart, Walgreens agree to pay $13.8 billion to settle U.S. opioid claims
By Brendan Pierson (Reuters) -CVS Health Corp, Walgreens Boots Alliance Inc and Walmart Inc agreed to pay about $13.8 billion…
Stocks end down, yields up as Powell sticks to hawkish stance
By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks ended a volatile session lower while Treasury yields were up Wednesday…
Dollar regains strength as Powell dashes hope of a Fed pause
By Herbert Lash and Saqib Iqbal Ahmed NEW YORK (Reuters) – The dollar regained some strength on Wednesday after Federal…
Oil prices gain by tight supply; other risk assets swoon on Fed rate hike
By David Gaffen NEW YORK (Reuters) -Oil prices rose on Wednesday, gaining ground even as other risk assets dropped following…
Devon Energy shares slump on higher capex, disappointing Q4 output outlook
By Liz Hampton (Reuters) -Shares of U.S. shale oil producer Devon Energy slumped almost 13% on Wednesday on an outlook…
Boeing’s top execs make bullish pitch to skeptical investors
(Refiles to fix typographical error in quote in paragraph 12) By Rajesh Kumar Singh, David Shepardson and Abhijith Ganapavaram CHICAGO…
UAW seeks quick election to represent Ohio GM-LG battery plant workers
By David Shepardson WASHINGTON (Reuters) – The United Auto Workers (UAW) wants an election next month on representing about 900…
Most Gulf central banks raise interest rates after Fed’s move
DUBAI (Reuters) – Most Gulf states said on Wednesday they would increase their key interest rates after the Federal Reserve…