Reuters USA

By Gabriel Araujo and Karin Strohecker SAO PAULO/LONDON (Reuters) – Brazilian assets were lower in choppy trade and market players braced for further volatility on Monday, a day after thousands of supporters of former President Jair Bolsonaro stormed key government buildings in the capital, echoing the Jan. 6, 2021 insurrection in Washington. The Brazilian real …

Brazilian assets lower in volatile trade after capital stormed Read More »

By Nate Raymond (Reuters) -The U.S. Supreme Court on Monday declined to again hear a multi-billion dollar case pursued by shareholders of Fannie Mae and Freddie Mac arising from the federal government’s takeover of the mortgage finance firms during the 2008 financial crisis. The justices turned away an appeal by the investors of a lower …

U.S. Supreme Court rejects investor suits over Fannie Mae, Freddie Mac Read More »

(Reuters) – Morgan Stanley Chief Operating Officer Jon Pruzan will retire from the bank at the end of the month, according to a memo seen by Reuters. Formerly the finance chief at the Wall Street titan, Pruzan was made COO as part of a leadership shakeup in mid-2021, which resulted in four new appointments. At …

Morgan Stanley COO Jon Pruzan to retire Read More »

MEXICO CITY (Reuters) -Mexico’s headline inflation ended 2022 slightly below analysts’ expectations, while core inflation finally appeared to have peaked, data from the national statistics agency showed on Monday. Annual headline inflation in December reached 7.82%, up moderately from 7.80% in November, but still below the record 8.70% reached in August and September. Meanwhile the …

Mexico inflation below forecasts in December, core inflation cools Read More »

(Reuters) -Israeli drugmaker Teva Pharmaceutical Industries Ltd said there was sufficient participation from U.S. states and local authorities to move forward with its nationwide settlement agreement to resolve opioid-related claims and litigation. Teva said on Monday it has either already settled with or confirmed participation from 48 of the 50 states and will continue to …

Teva says opioids settlement to move forward in U.S Read More »

SAO PAULO (Reuters) – Brazil’s currency on Monday weakened roughly 1% against the dollar in early spot trading after supporters of former President Jair Bolsonaro stormed the country’s capital a day earlier. Future contracts for the Bovespa benchmark stock index were down more than 1%, with the Sao Paulo stock market set to open at …

Brazil’s currency, stock futures down after Bolsonaro supporters storm capital Read More »

(Reuters) – U.S. President Joe Biden approved an emergency declaration for California after a week of storms killed at least 12 people in the past 10 days and knocked out power for hundreds of thousands of homes and businesses in the state. The emergency declaration authorizes the Federal Emergency Management Agency (FEMA) to coordinate disaster …

Biden declares emergency for California due to winter storms Read More »

By Jonathan Allen NEW YORK (Reuters) – Federal prosecutors were due to make opening statements on Monday in the trial of the man charged with using a truck to kill eight people on a Manhattan bike path on Halloween in 2017. Sayfullo Saipov, 34, has pleaded not guilty to a 28-count indictment that charges him …

Terrorism trial begins against accused New York bike path killer Read More »

(Reuters) – More than 120,000 homes and businesses were still without power in California early on Monday, according to data from PowerOutage.us, after a massive storm last week that disrupted road travel with flash floods, rock slides and toppled trees. At least 12 fatalities have been reported from weather-related incidents in California in the past …

California storm leaves over 120,000 still without power Read More »