By Nate Raymond BOSTON (Reuters) – The husband of a Massachusetts woman who has been missing since New Year’s Day was charged on Tuesday with her murder after authorities earlier said they had found a knife and blood in the basement of their home, a prosecutor said on Tuesday. Brian Walshe, 47, was already being …
Husband of missing Massachusetts woman charged with murder Read More »
(Adds BlackRock and Bed Bath, updates Goldman Sachs) (Reuters) – Big Tech firms and Wall Street titans are leading a string of layoffs across corporate America as companies look to rein in costs to ride out the economic downturn. Rapid interest rate hikes, weak consumer demand and an economic slowdown in China have forced firms …
Factbox-Tech firms, Wall Street lead job cuts in corporate America Read More »
WASHINGTON (Reuters) – The U.S. Justice Department will “announce a major, international cryptocurrency enforcement action” on Wednesday, it said in a statement, without offering further details. U.S. officials will announce the action at 12 p.m. (1700 GMT), the department said in a statement. (Reporting by Susan Heavey, editing by Paul Grant)
TORONTO (Reuters) – Rogers Communications Inc’s C$20 billion ($14.9 billion) acquisition of rival Shaw Communications Inc has been delayed long enough and must be allowed to proceed despite the competition bureau’s opposition, Rogers said in a legal filing on Tuesday. Canada’s antitrust tribunal approved the transaction on Dec. 30 that would create the country’s second-largest …
Canada’s Rogers, Shaw say merger must be allowed to proceed Read More »
By Dan Burns (Reuters) – Confidence among U.S. single-family homebuilders improved for the first time in more than a year in January, potentially signaling the housing slump may have reached its low point even as construction firms’ sentiment remains decidedly bearish. The National Association of Home Builders on Wednesday said its NAHB/Wells Fargo Housing Market …
U.S. home builder spirits brighten to kick off 2023, NAHB says Read More »
By Aishwarya Nair and Ross Kerber (Reuters) -Republican attorneys general from 21 U.S. states on Tuesday wrote to proxy advisory firms Institutional Shareholder Services (ISS) and Glass Lewis, asking whether the companies’ voting recommendations on such issues as climate and boardroom diversity violated duties to clients. “Evidence regarding climate change advocacy and goals suggests potential …
Republican state officials question proxy advisers ISS, Glass Lewis over ESG Read More »
WASHINGTON (Reuters) – Production at U.S. factories fell more than expected in December and output in the prior month was weaker than previously thought, indicating that manufacturing was rapidly losing momentum as higher borrowing costs hurt demand for goods. Manufacturing output dropped 1.3% last month, the Federal Reserve said on Wednesday. Data for November was …
By Lucia Mutikani WASHINGTON (Reuters) -U.S. retail sales fell more than expected in December, pulled down by declines in purchases of motor vehicles and a range of other goods, putting consumer spending and the overall economy on a weaker growth path heading into 2023. The broad drop in sales reported by the Commerce Department on …
U.S. retail sales tumble; monthly producer prices fall Read More »
By Walter Bianchi and Jorgelina do Rosario BUENOS AIRES (Reuters) -Argentina will buy back overseas bonds equivalent to over $1 billion to improve the South American country’s debt profile, economy minister Sergio Massa said on Wednesday, looking to send a positive signal to markets despite low reserves levels. The move will focus on sovereign notes …
Argentina to buy back $1 billion in foreign debt in signal to markets Read More »
By Holger Hansen BERLIN (Reuters) -Germany is set to dodge a widely expected recession this year, a source told Reuters on Wednesday, adding to a chorus of voices predicting a brighter outlook for Europe’s biggest economy as energy prices fall. Facing soaring gas prices due to the war in Ukraine and supply bottlenecks, consumer prices …
Exclusive-Hopes rise Germany could skirt recession this year Read More »
