By Mike Spector and Chris Prentice NEW YORK (Reuters) – U.S. prosecutors are meeting with Boeing and fatal-crash victims’ relatives as a July 7 deadline looms for the Justice Department to decide…
Author: Financial Edge Daily
Nestle sees stable sales growth from Q2, CEO tells paper
FRANKFURT (Reuters) – Swiss food giant Nestle is targeting stable growth in sales volumes from the second quarter throughout the remainder of the year as cost inflation eases, its CEO told Swiss…
Biden acknowledges age, bad debate performance but vows to beat Trump
By Steve Holland, Tim Reid and David Morgan RALEIGH, North Carolina (Reuters) -President Joe Biden said on Friday he intended to defeat Republican rival Donald Trump in the November presidential election, giving…
World Bank approves $1.25 billion loans for the Philippines
MANILA (Reuters) – The World Bank said on Saturday its board of executive directors has approved $1.25 billion in loans for the Philippines’ education and public infrastructure sectors. In a statement, the…
US army awards Lockheed Martin $4.5 billion multi-year Patriot Missiles contract
(Reuters) -The U.S. Army awarded Lockheed Martin a multi-year contract worth $4.5 billion for its air defense Patriot Missiles system, the Pentagon said on Friday. The Patriot system is one of an…
Analysis-Wall Street’s top regulator faces worsening battle in wake of Supreme Court ruling
By Chris Prentice and Pete Schroeder WASHINGTON (Reuters) – The Supreme Court’s move to curb federal agency powers could curtail efforts by the U.S. Securities and Exchange Commission to establish new rules…
Biden’s shaky Trump debate alarms Democrats, raises questions for his campaign
By Stephanie Kelly, Steve Holland and Nandita Bose (Reuters) -U.S. President Joe Biden’s shaky performance against Republican rival Donald Trump on Thursday rattled Democrats and prompted some strategists to ask whether their…
Ackman’s Pershing Square USA to offer shares at $50 in NY listing
(Reuters) – Pershing Square USA, a fund managed by billionaire Bill Ackman, said on Friday it plans to offer shares at $50 each in its initial public offering in New York. Ackman…
White House seeks $4 billion more in funding from Congress for disaster needs
(Reuters) – The White House is seeking an additional $4 billion in funding from Congress for disaster needs, including to help rebuild the Baltimore bridge after its collapse and in response to…
US charges 193 people in $2.75 billion health care fraud bust
(Reuters) – The U.S. Justice Department has charged 193 people, including 76 doctors, nurses and other medical professionals, with participating in health care fraud schemes worth $2.75 billion, the agency said on…