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Monthly Archives: January 2022

U.S. FTC delays vote on Lockheed purchase of Aerojet for two weeks -sources

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January 12, 2022 By Mike Stone and Diane Bartz WASHINGTON (Reuters) -The U.S. Federal Trade Commission, which assesses mergers to ensure they comply with antitrust law,...

Omicron turbulence looms over U.S. airline earnings

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January 12, 2022 By Rajesh Kumar Singh CHICAGO (Reuters) – U.S. airlines have come a long way since the spring of 2020...

U.S. economy can withstand Fed tightening, Omicron surge, Powell says

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January 12, 2022 By Howard Schneider and Ann Saphir (Reuters) -Federal Reserve Chair Jerome Powell, in a congressional hearing that pointed to his likely confirmation for...

U.S. judge rejects Facebook request to dismiss FTC antitrust lawsuit

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January 11, 2022 WASHINGTON (Reuters) -A U.S. judge on Tuesday declined to dismiss the Federal Trade Commission’s antitrust lawsuit against Facebook, saying the FTC had...

Exclusive-Pfizer to cut U.S. sales staff as meetings with healthcare providers move to virtual

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January 11, 2022 By Michael Erman (Reuters) -Pfizer Inc said on Tuesday it is reducing its U.S. sales staff as it expects doctors and other healthcare...

Union rejects Kroger’s King Soopers sweetened wage offer

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January 12, 2022 (Reuters) -The union representing more than 8,700 King Soopers supermarket workers rejected the Kroger-owned Colorado chain’s increased wage offer, setting the...

Bank of America, Wells Fargo scrap some overdraft fees as regulatory scrutiny grows

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January 11, 2022 By Elizabeth Dilts Marshall NEW YORK (Reuters) – Wells Fargo & Co and Bank of America will no longer...

Citi to exit Mexican consumer business as part of strategy revamp

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January 12, 2022 By David Henry NEW YORK (Reuters) – Citigroup Inc will exit its Citibanamex consumer banking business in Mexico, the...

China’s factory gate inflation slows further after cooling measures

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January 12, 2022 BEIJING (Reuters) – China’s factory-gate prices rose more slowly than expected in December after government measures to contain...

Tech leads equities’ rebound as Powell sticks to script

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January 12, 2022 By Tom Westbrook SYDNEY (Reuters) – Stocks and commodities rose in relief and the dollar hit a six-week low...
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