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Monthly Archives: January 2022

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

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

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

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

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

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

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

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

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

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

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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