Top Wires

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• Source limited to: AP

 2022-08-16 11:45 

Reuters

New Philips CEO can take inspiration from old one...

Koninklijke Philips' Chief Executive Frans van Houten turned the Dutch group from a stodgy industrial conglomerate into a medical-technology specialist. During the first 10 years of his leadership, up to April 2021, the shares returned more than 200% ...

 2022-08-16 11:45 

Reuters

Banks' LBO debt hangover may leave lasting scars...

Leveraged-finance bankers are nursing a headache after one hell of a party. Bank of America , JPMorgan , Goldman Sachs , Morgan Stanley , Credit Suisse and Deutsche Bank collectively took about $1.5 billion of writedowns in the second quarter on loans the...

 2022-08-16 11:43 

Reuters

BMW confirms fatal crash, says car wasn't self-driving...

A fatal crash involving four vehicles on a German highway did not involve a self-driving car, BMW said on Tuesday, refuting a police statement that had questioned whether the driver had been actively steering the vehicle at the time....

 2022-08-16 11:41 

Reuters

Elliott's SoftBank exit could be premature...

Masayoshi Son no longer has an activist at the gates of his $74 billion technology empire. Elliott Management, Paul Singer's uppity hedge fund, earlier this year sold down most of its remaining stake in Son's SoftBank Group , according to the Fina...

 2022-08-16 11:40 

UPI

President Joe Biden to sign landmark Inflation Reduction Act on Tuesday, deliver key win for Democrats...

President Joe Biden will return to Washington and sign the Inflation Reduction Act, a suite of legislation that pours billions into fighting climate change and making other reforms....

 2022-08-16 11:40 

UPI

[ Business ]

Biden to sign landmark Inflation Reduction Act on Tuesday, deliver key win for Democrats...

President Joe Biden will return to Washington and sign the Inflation Reduction Act, a suite of legislation that pours billions into fighting climate change and making other reforms....

 2022-08-16 11:40 

UPI

[ Business ]

Watch live: Biden signs Inflation Reduction Act, delivering key win for Democrats...

President Joe Biden will return to Washington and sign the Inflation Reduction Act, a suite of legislation that pours billions into fighting climate change and making other reforms....

 2022-08-16 11:40 

UPI

[ Business ]

Biden signs Inflation Reduction Act, delivering key win for Democrats...

President Joe Biden signed the Inflation Reduction Act, calling it one of the "most significant laws in our history," pouring billions into fighting climate change, enhancing healthcare and mitigating rising prices....

 2022-08-16 11:40 

UPI

[ Business ]

Biden signs bill to fight climate change, lower drug prices, reduce federal deficit...

President Joe Biden signed the Inflation Reduction Act, calling it one of the "most significant laws in our history," which pours billions into fighting climate change, enhancing healthcare and mitigating rising prices....

 2022-08-16 11:38 

Reuters

Losses from crypto hacks surged 60% to $1.9 bln in Jan-July -Chainalysis...

Losses arising from cryptocurrency hacks jumped nearly 60% in the first seven months of the year to $1.9 billion, propelled by a surge in funds stolen from decentralized finance (DeFi) protocols, according to a blog post from blockchain analysis firm Chai...

 2022-08-16 11:32 

UPI

Buccaneers, OLB/DE Carl Nassib agree to one-year deal...

The Tampa Bay Buccaneers and outside linebacker/defensive end Carl Nassib agreed to terms on a one-year contract....

 2022-08-16 11:30 

Reuters

Futures tick lower as retail earnings kick off...

U.S. stock index futures inched lower on Tuesday as investors assessed results from retailers Walmart and Home Depot, while signs of a slowing global economy continued to keep investors on edge....

 2022-08-16 11:25 

Reuters

Edwards sets sights on UFC belt as British MMA booms...

After a long, hard road to the top, Leon Edwards is ready to beat Kamaru Usman to win the UFC welterweight championship this coming Saturday in Salt Lake City, Utah, providing a major boost for the burgeoning British MMA scene....

 2022-08-16 11:22 

Reuters

Israel GDP grows 6.8% in Q2 on gains in exports, consumer spending...

Israel's economy bounced back in the second quarter after a contraction in early 2022, the Central Bureau of Statistics said on Tuesday, citing gains in exports and consumer spending....

 2022-08-16 11:22 

Reuters

Taiwan says it detects 17 Chinese aircraft near island...

Taiwan's defence ministry said it detected 17 Chinese aircraft and five Chinese ships in and around the island and the Taiwan Strait on Tuesday, as Beijing continues its military exercises....

 2022-08-16 11:21 

Reuters

Transitioned Olympic champion Green says inclusion must be priority...

When Ellia Green's mother once said that the Olympic champion rugby player would make an incredible mum one day, the compliment triggered a moment of confusion....

 2022-08-16 11:20 

Reuters

Credit Suisse filed 18 insurance claims linked to Greensill funds...

Credit Suisse said on Tuesday its asset management arm had filed 18 insurance claims in respect of the frozen supply chain finance funds (SCFF) linked to Greensill....

 2022-08-16 11:19 

Reuters

[ World ]

German gas consumption down 15% in H1, says power industry body | Reuters...

Germany's gas consumption fell significantly in the first half of 2022, even when differences in weather were taken into consideration, said power industry association BDEW on Tuesday....

 2022-08-16 11:18 

Reuters

Estonia to remove Soviet memorials in Russian-speaking city...

Estonia will remove all public Soviet memorials in its majority Russian-speaking city of Narva, the government said on Tuesday, citing rising tensions in the city and accusing Russia of trying to exploit the past to divide Estonian society....

 2022-08-16 11:17 

Reuters

War, gas prices to halt a third of Ukraine's sugar refineries...

A third of Ukraine's refineries will not operate in the coming sugar production year due to war and high gas prices, producers' union Ukrtsukor said on Tuesday....

 2022-08-16 11:14 

Reuters

Walmart expects smaller profit drop as discounts drive demand...

Walmart Inc on Tuesday forecast a smaller drop in annual profit than it had predicted less than a month ago, after deep discounts to clear excess merchandise and a drop in fuel prices helped it beat expectations for quarterly sales....

 2022-08-16 11:12 

Reuters

Activist investor Politan Capital reports 8.4% stake in Masimo Corp...

Activist investor Politan Capital Management on Tuesday disclosed an 8.4% stake in medical device maker Masimo Corp , according to a regulatory filing....

 2022-08-16 11:12 

Reuters

Swiss chocolate maker Lindt quits Russia...

Swiss chocolate maker Lindt & Spruengli has decided to exit the Russian market because of the invasion of Ukraine, the company said on Tuesday....

 2022-08-16 11:08 

UPI

Donald Trump's hold on GOP to be tested Tuesday in Wyoming, Alaska primaries...

Two states hold primary elections on Tuesday, and both will include ballots for two moderates who voted to hold Donald Trump accountable for inciting the Jan. 6 U.S. Capitol attack....

 2022-08-16 11:05 

Reuters

EU contacts Brazil to resume Mercosur trade pact talks -sources...

European Union representatives have approached Brazil's government seeking to rekindle negotiations with South America's Mercosur bloc on a stalled trade agreement, two sources with direct knowledge of the matter told Reuters....

 2022-08-16 11:03 

UPI

Dodgers pitcher Walker Buehler to undergo season-ending surgery...

Los Angeles Dodgers pitcher Walker Buehler will undergo elbow surgery and miss the rest of the 2022 MLB season, the team announced....

 2022-08-16 11:02 

Reuters

[ World ]

EXCLUSIVE White House pushes three-part plan for abortion rights | Reuters...

Cheered by a win in Kansas, where voters decisively rejected an abortion ban, and eyeing November midterms, the White House is promoting a new three-fold strategy to protect abortion rights, sources with direct knowledge of the matter told Reuters, and it...

 2022-08-16 11:01 

UPI

In photos: Steve Carell turns 60: a look back...

Actor Steve Carell, known for "The Office," "The 40-Year-old Virgin," "Despicable Me" and "Vice," turns 60 on August 16, 2022. Here's a look back at his career through the years....

 2022-08-16 11:00 

Reuters

No VAT exemption possible on German gas levy, but EU wants to find a solution...

It is not possible to exempt the new German levy on gas from value added tax as Berlin wants, a European Commission spokesman said on Tuesday, but the EU executive wants to find a solution that would accommodate Germany's request in another way....

 2022-08-16 10:56 

Reuters

The disappointing economic backdrop to China's policy dilemma...

China's central bank cut its interest rates on Monday for the second time this year, but analysts suspect it will do little to spur lending in an economy awash with cash but lacking in consumer demand and business confidence....

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