[ad_1] (Reuters) – OxyContin maker Purdue Pharma LP on Wednesday asked a U.S. bankruptcy judge to halt for roughly nine months more than 2,600 lawsuits alleging the company and its controlling Sackler family helped fuel
Analysis: Repo chaos tests Wall Street confidence in NY Fed’s Williams
[ad_1] (Reuters) – Wild swings this week in U.S. money markets have raised fresh concerns about whether the New York Federal Reserve under John Williams has lost its deft touch with markets. FILE PHOTO: John
Fed pumps more cash as key rate breaks above target
[ad_1] NEW YORK (Reuters) – The Federal Reserve injected another $75 billion into the U.S. banking system on Wednesday, restoring a measure of order after a bout of extreme volatility inside the bank funding market
S&P 500 ends slightly higher after Fed gives mixed signals
[ad_1] (Reuters) – The S&P 500 ended marginally higher on Wednesday after Federal Reserve policymakers cut interest rates by a quarter of a percentage point, as expected, but gave mixed signals about their next move.
Microsoft approves $40 billion share repurchase program
[ad_1] FILE PHOTO: A Microsoft logo is seen in Los Angeles, California U.S. November 7, 2017. REUTERS/Lucy Nicholson (Reuters) – Microsoft Corp (MSFT.O) said on Wednesday its board had approved a new share repurchase programme
Airbus revises up jet demand, warns of ‘lose-lose’ tariff war
[ad_1] LONDON (Reuters) – Airbus warned of the risks of a ‘lose-lose’ transatlantic tariff war on Wednesday as it raised forecasts for jetliner demand over the next 20 years, led by the new industrial hubs
Fed makes small changes in bid to better control policy rate
[ad_1] FILE PHOTO: Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S., March 19, 2019. REUTERS/Leah Millis NEW YORK/WASHINGTON (Reuters) – The Federal Reserve on Wednesday tweaked two key rates used to
Trump confirms U.S. will revoke California’s power to require cleaner cars
[ad_1] WASHINGTON (Reuters) – U.S. President Donald Trump confirmed on Wednesday the Environmental Protection Agency will revoke California’s authority to require automakers to build cleaner vehicles than federal requirements demand – a decision that will
Trump confirms U.S. will revoke California waiver to require cleaner cars
[ad_1] U.S. President Donald Trump boards Air Force One at Moffett Federal Airfield in Mountain View, California, U.S. September 17, 2019. REUTERS/Tom Brenner/File Photo WASHINGTON (Reuters) – U.S. President Donald Trump confirmed Wednesday the Environmental
Corrected: Size matters. Big U.S. farms get even bigger amid China trade war
[ad_1] (Corrects to “441 acres” (not “441 million”) in paragraph 10) Farmer Doug Zink checks the quality of soil in his soybean field near Carrington, North Dakota, U.S., August 8, 2019. REUTERS/Dan Koeck By Mark