Judge hands Amazon a setback in New York lawsuit over COVID-19 shortfalls

NEW YORK (Reuters) -A federal judge on Friday ruled against Amazon.com Inc as the company defends against New York Attorney General Letitia James’ lawsuit claiming it prioritized profit over worker safety during the COVID-19 pandemic at two New York City warehouses.Slideshow ( 3 images )U.S. District Judge Jed Rakoff in Manhattan granted James’ request to return her lawsuit to a […]

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French COVID-19 intensive care numbers resume upward trend

FILE PHOTO: Medical staff members work in the Intensive Care Unit (ICU) where patients suffering from the coronavirus disease (COVID-19) are treated at ELSAN’s private hospital Clinique Oceane in Vannes, France, April 7, 2021. REUTERS/Stephane Mahe/File PhotoPARIS (Reuters) – The number of people in intensive care units (ICU) with COVID-19 in France increased by 52 to 5,757 on Friday, a […]

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Analysis: Investors keep faith in U.S. value stocks as tech roars back

NEW YORK (Reuters) – A rebound in growth and technology stocks has investors gauging whether a months-long rally in the shares of banks, energy companies and other economically sensitive names is running on empty or simply refueling.A trader exits the New York Stock Exchange (NYSE) after the trading day in New York, U.S., March 1, 2021. REUTERS/Brendan McDermidThe Russell 1000 […]

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Biden budget would beef up IRS tax enforcement: Yellen

FILE PHOTO: U.S. Treasury Secretary Janet Yellen, the former Federal Reserve chair, holds a news conference in Washington, U.S. December 13, 2017. REUTERS/Jonathan Ernst/File PhotoWASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said on Friday that the Internal Revenue Service budget would increase by $1.2 billion or 10.4% under President Joe Biden’s fiscal 2022 budget request. Yellen, in a statement, […]

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New Slovak PM seeks to mollify Russia in vaccine row

BRATISLAVA (Reuters) -Slovakia’s new prime minister sought to defuse a row with Russia over a COVID-19 vaccine shipment on Friday, saying it was in Slovakia’s interest to secure the Russian Sputnik V vaccine after Moscow angrily accused it of contract violations.FILE PHOTO: Slovakia’s Finance Minister Eduard Heger gives a statement next to Former Slovakia’s Prime Minister Igor Matovic (not pictured) […]

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Norway wealth fund should invest in fewer companies, government says

OSLO (Reuters) -Norway’s $1.3 trillion wealth fund, the world’s largest, should reduce the size of its global company reference index by between 25% and 30% to better follow up companies, primarily by removing small cap stocks, the finance ministry proposed on Friday. The move reflects the growing awareness among international investors about risk in the environmental, social and corporate governance […]

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Buy these 3 tech stocks and 2 ETFs that will continue boosting dividend payments to shareholders as the economy recovers, CFRA says

In Q1, 906 US companies raised or initiated a dividend, up 24% from a year earlier. Many tech companies increased their dividends, and there are some that will continue to do so. CFRA lays out 3 stocks and 2 ETFs it sees offering dividends for the foreseeable future. See more stories on Insider’s business page. Despite technology stocks displaying below-average […]

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