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Shale producers Pioneer Natural, Devon post sharp drop in second-quarter profits
Shale producers Pioneer Natural, Devon post sharp drop in second-quarter profits
(Reuters) -Pioneer Natural Resources Co and Devon Energy Corp posted a sharp drop in their second-quarter profits on Tuesday, as
2023-08-02 05:27
'Bored Apes' investors sue Sotheby's, Paris Hilton and others as NFT prices collapse
'Bored Apes' investors sue Sotheby's, Paris Hilton and others as NFT prices collapse
A group of investors is suing Sotheby's auction house and others over the promotion of Bored Ape Yacht Club NFTs following a collapse in prices for the celebrity-endorsed collectibles.
2023-08-17 14:52
JPMorgan Agrees to Pay $290 Million to Settle Epstein Suit
JPMorgan Agrees to Pay $290 Million to Settle Epstein Suit
JPMorgan Chase & Co. agreed to pay $290 million to settle a lawsuit alleging it knowingly benefited from
2023-06-23 11:51
Analysis-Euro's stellar run in doubt as ECB muddies rate outlook
Analysis-Euro's stellar run in doubt as ECB muddies rate outlook
By Naomi Rovnick and Dhara Ranasinghe LONDON Euro bulls are set for an anxious summer ahead as doubts
2023-07-28 00:18
Cummins, Daimler, PACCAR form joint venture for US battery cell production
Cummins, Daimler, PACCAR form joint venture for US battery cell production
(Reuters) -Accelera, a zero-emissions business unit of Cummins, Daimler Trucks & Buses US Holding and PACCAR said on Wednesday they
2023-09-06 19:46
Bond Traders Step Up Bets the Fed Will Steer US Economy Into Recession
Bond Traders Step Up Bets the Fed Will Steer US Economy Into Recession
Bond traders are stepping up wagers that the Federal Reserve will steer the US economy into a recession.
2023-06-15 08:21
Hoax bomb threats target major US retailers including Walmart and Whole Foods demanding bitcoin and gift cards
Hoax bomb threats target major US retailers including Walmart and Whole Foods demanding bitcoin and gift cards
Law enforcement agencies are investigating a series of hoax bomb threats that targeted major US retailers and grocery stores in an apparent extortion scheme for thousands of dollars in gift cards, bitcoin and cash, according to a report. Kroger, Meijer, Walmart and Whole Foods are among the companies that have been targeted in several states, according toThe Wall Street Journal. Callers have threatened to detonate bombs if gift cards, bitcoin or other payments are not provided, the newspaper reported. The FBI is working with state and local law enforcement to identify the threats, which have so far been unfounded, WSJ reported. It is unclear whether the calls are part of an organised effort. Callers have used block numbers to conceal their identities, according to police. One call to a Whole Foods in suburban Chicago reportedly demanded $5,000 in bitcoin and threatened to detonate a pipe bomb. Another call to a Kroger in New Mexico reportedly demanded an employee wire money and threatened that a bomb would go off if they called the police. Calls to a Meijer grocery store in Wisconsin demanded $5,000 in Apple gift cards. The threats echo similar menacing calls that have been a mainstay of local news outlets across the US in the past several years. After such threats, law enforcement agencies are typically called to the scene to evacuate the stores, causing major headaches for retailers and surrounding traffic. The latest efforts are “another evolving scam” for US retailers, according to Lisa Bruno, a senior executive vice president of retail operations at the Retail Industry Leaders Association, speaking to The Wall Street Journal. The threats also appear to be separate from those made towards retailers like Target, where stores in at least five states have faced threats over the company’s support for LGBT+ shoppers during Pride Month. Read More Pride collection backlash has derailed retailers, but LGBT designers are more empowered than ever Starbucks workers at 150 stores to strike over alleged ban on Pride decor
2023-06-26 01:45
Mallinckrodt gets approval for restructuring, $1 billion cut to opioid settlement
Mallinckrodt gets approval for restructuring, $1 billion cut to opioid settlement
By Dietrich Knauth Drugmaker Mallinckrodt on Tuesday received court approval for a bankruptcy plan that cuts $1 billion
2023-10-11 01:48
Ukraine Recap: Russia, China Foreign Ministers Discuss Ukraine
Ukraine Recap: Russia, China Foreign Ministers Discuss Ukraine
Chinese Foreign Minister Wang Yi reiterated an appeal for peace talks and political solutions for the war in
2023-08-07 23:54
Energy-short South Africa will survive winter: minister
Energy-short South Africa will survive winter: minister
South Africa, which has experienced crippling electricity outages in recent months, will "survive" this winter season thanks to a huge improvement in generation, a...
2023-07-08 20:57
Mississippi River Waters Dip Toward Record Low in Threat to US Crop Exports
Mississippi River Waters Dip Toward Record Low in Threat to US Crop Exports
America’s crop exports are once again at risk due to a diminished Mississippi River. Months of dry weather
2023-09-30 03:19
Indonesia Sees ‘Small Possibility’ Of Off-Cycle Rate Hike
Indonesia Sees ‘Small Possibility’ Of Off-Cycle Rate Hike
Indonesia isn’t ruling out an out-of-cycle rate increase after policymakers surprised most forecasters with a hike last week,
2023-10-27 12:29