Reuters USA - Squid Business

U.S. Senate panel to hold Jan. 24 hearing on ticket industry issues

By David Shepardson WASHINGTON (Reuters) – A U.S. Senate committee will hold a hearing on Jan. 24 on the lack of competition in the ticketing industry after Ticketmaster’s problems managing the sale of Taylor Swift concert tickets. The Senate Judiciary Committee hearing is titled “That’s The Ticket: Promoting Competition and Protecting Consumers in Live Entertainment.” …

U.S. Senate panel to hold Jan. 24 hearing on ticket industry issues Read More »

Football and Finances: NFL’s Ndamukong Suh teaches kids money smarts

By Chris Taylor NEW YORK (Reuters) – If your kid happens to be in public school in Portland, Dallas, Los Angeles or Oakland and is taking a personal finance workshop in the coming months, ask them if they caught sight of one of the founders of the program. If he is 6-foot-4 (1.93 meters), more …

Football and Finances: NFL’s Ndamukong Suh teaches kids money smarts Read More »

J&J to discontinue trial after HIV vaccine found ineffective

(Reuters) -Johnson & Johnson said on Wednesday it will discontinue the late-stage global trial of an HIV vaccine after it was found ineffective at preventing infections. The trial involved administering two different types of a shot – that uses a cold-causing virus to deliver genetic code of HIV – spread over four vaccination visits in …

J&J to discontinue trial after HIV vaccine found ineffective Read More »

Husband of missing Massachusetts woman charged with murder

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 »

Factbox-Tech firms, Wall Street lead job cuts in corporate America

(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 »

U.S. to announce international cryptocurrency action -statement

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)

Canada’s Rogers, Shaw say merger must be allowed to proceed

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 »

U.S. home builder spirits brighten to kick off 2023, NAHB says

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 »

Republican state officials question proxy advisers ISS, Glass Lewis over ESG

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 »

U.S. manufacturing output tumbles in December

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 …

U.S. manufacturing output tumbles in December Read More »