U.S. seizes $90,000 from man who sold footage of U.S. Capitol riot

FILE PHOTO: Police release tear gas into a crowd of pro-Trump protesters during clashes at a rally to contest the certification of the 2020 U.S. presidential election results by the U.S. Congress, at the U.S. Capitol Building in Washington, U.S, January 6, 2021. REUTERS/Shannon Stapleton/File PhotoWASHINGTON (Reuters) – U.S. authorities have confiscated roughly $90,000 from a Utah man who sold […]

Read more

Oil jumps on weather concerns in Gulf of Mexico

NEW YORK (Reuters) -Oil prices jumped 2% on Friday after three days of losses, driven higher as a storm formed in the Gulf of Mexico, but were on track for a weekly fall as investors braced for the return of Iranian crude supplies after officials said Iran and world powers made progress a nuclear deal.FILE PHOTO: Pumpjacks are seen during […]

Read more

Norwegian fund backs Exxon management in proxy fight with hedge fund

BOSTON, May 21 (Reuters) – Norway’s sovereign wealth fund said on Friday that it plans to vote for Exxon Mobil’s board directors but wants the company to split the chairman and CEO roles, largely backing management in a hotly contested corporate battle with a small hedge fund. The battle, set to be decided when investors vote on Wednesday, is among […]

Read more

India, Pfizer seek to bridge dispute over vaccine indemnity -sources

NEW DELHI/NEW YORK (Reuters) -Pfizer and the Indian government are seeking to resolve tensions over a demand by the U.S. drugmaker for legal protection from any claims linked to the use of its COVID-19 vaccine in one of the world’s biggest markets, two sources told Reuters.Slideshow ( 2 images )India has not given any manufacturer of a COVID-19 vaccine indemnity […]

Read more

Earnings Previews: AutoZone, Lordstown Motors, Zymergen

As if to underscore the shrinking number of earnings reports now trickling rather than pouring out of U.S.-traded companies, we could find no notable reports due out either Friday afternoon (no surprise there) or Monday morning. On Wednesday, we previewed four companies releasing earnings reports Thursday afternoon or Friday morning: Applied Materials, Deere, Palo Alto Networks and Ross Stores. We […]

Read more

Oil drillers and Bitcoin miners bond over natural gas

(Reuters) – On U.S. oil patches stretching along the Rockies and Great Plains, trailers hitched to trucks back up toward well pads to capture natural gas and convert it on the spot into electricity.FILE PHOTO: A natural gas flare on an oil well pad burns as the sun sets outside Watford City, North Dakota January 21, 2016. REUTERS/Andrew CullenThe trailers […]

Read more

Euro zone business growth picked up in May as services bounced -PMI

LONDON (Reuters) – Euro zone business growth accelerated at its fastest pace in over three years this month, as a strong resurgence in the bloc’s dominant service industry added to the impetus from an already booming manufacturing sector, a survey showed.FILE PHOTO: A woman walks next to a poster reading “The best team. With distance.” in front of a BMW […]

Read more

Wall Street ends to snap 3-day losing streak as technology stocks rise higher

(Reuters) – Wall Street’s main indexes rebounded on Thursday after a three-day slide, buoyed by gains in technology stocks as the smallest weekly jobless claims since the start of a pandemic-driven recession lifted the mood. Bitcoin clawed back some lost ground to trade near $40,000 a day after a brutal selloff, helping renew appetite for risk. Crypto-exchange operator Coinbase Global […]

Read more
1 241 242 243 244 245 434