by Reuters | Aug 5, 2022 | Business, Economy, Environment, Health, Politics, US
WASHINGTON (Reuters) – The roughly $430 billion climate, drugs and tax bill that U.S. Senate Democrats are trying to push through Congress will include a new excise tax on stock buybacks, Majority Leader Chuck Schumer said on Friday. Lawmakers agreed to add that...
by Reuters | Aug 5, 2022 | Asia, Business, Economy, Europe, US
(Reuters) – Technology companies, crypto exchanges and financial firms are cutting jobs and slowing hiring as global economic growth slows due to higher interest rates, red-hot inflation and an energy crisis in Europe. In a sign of a tough second half of the...
by Reuters | Aug 4, 2022 | Business, Economy, Technology, US
By Nivedita Balu and Shankar Ramakrishnan (Reuters) -Facebook-parent Meta Platforms Inc is set to raise $10 billion in its first-ever bond offering on Thursday, as it looks to fund share buybacks and investments to revamp its business, according to two sources close...
by Reuters | Aug 4, 2022 | Asia, Business, Economy, Europe, Middle East, UK, US
By Noah Browning LONDON/NEW YORK (Reuters) – Global oil prices dropped on Thursday to their lowest levels since before Russia’s February invasion of Ukraine, as traders fretted over the possibility of an economic recession later this year that could...
by Reuters | Aug 3, 2022 | Business, Entertainment and Lifestyle, US
WASHINGTON (Reuters) -The U.S. Transportation Department on Wednesday proposed new rules to strengthen airline passenger protection and require airlines to provide vouchers that do not expire when passengers are unable to fly for certain pandemic-related reasons. The...
by Reuters | Aug 3, 2022 | Business, Economy, Europe, Middle East, UK, US
By Jessica DiNapoli NEW YORK (Reuters) -Ben & Jerry’s independent board said parent company Unilever Plc, with which it is locked in a dispute over the sale of its Israeli business, had frozen its directors’ salaries in July as a pressure tactic ahead...
