BlackRock, Other Major McDonald's Shareholders Side With Company In Fight With Icahn
BlackRock and other big McDonald's shareholders are backing the company in a boardroom vote, putting the fast-food chain on course to defeat investor Carl Icahn in his campaign over animal welfare, sources said on Wednesday.
Nvidia Says Video Gaming Market Slowing; Shares Drop 7%
Chip designer Nvidia Corp forecast its sales of video game chips would decline in the current quarter, and startled some analysts by laying out new supply-chain issues resulting from China's COVID-19 lockdowns.
A Shocked Texas Town Struggles To Make Sense Of School Massacre
Frank Salazar pointed down the road at the low-slung buildings of Robb Elementary School, just two blocks from his home, struggling to make sense of the massacre that unfolded there less than 24 hours earlier, stunning his little Texas town.
Afghan Male TV Presenters Wear Masks In Protest Against Taliban
Afghan male TV presenters wear masks in protest against Taliban
World Bank's IFC Still Disbursing Funds In Ukraine Despite War, Chief Says
The World Bank's investment arm has continued disbursing funds to some private firms in Ukraine despite the war there and is looking to finance efforts to re-orient the country toward "greening" its economy, the head of the unit said on Wednesday.
U.S. Oil Investors Back Energy Transition Plans At Shareholder Meetings
Shareholders of Exxon Mobil Corp and Chevron Corp on Wednesday voted in favor of the energy transition strategies proposed by the two largest U.S.
U.S. Will Cover Baby Formula Cost For Low-income Families -agriculture Agency
The U.S. Department of Agriculture will temporarily cover the cost of baby formula for low-income families dependent on government discounts in states contracted with formula makers Nestle SA and Reckitt Benckiser Group's Mead Johnson, the agency said Wednesday.
ESA Does Not Anticipate Russian Withdrawal From ISS
The European Space Agency does not expect Russia to terminate the joint operation of the International Space Station (ISS) with the West, ESA Director-General Josef Aschbacher told Reuters on Wednesday.
Commodities In 'Perfect Storm' Says ERG, As Crisis Starts Super Cycle
Years of under-investment in mining of metals essential to energy transition, supply shocks and high energy prices will continue to drive commodity prices higher, Eurasian Resources Group (ERG) Chief Executive Benedikt Sobotka said on Wednesday.
Selfless Texas Teachers Died Shielding Their Students
For Irma Garcia and Eva Mireles, teaching fourth graders at Robb Elementary in Uvalde, Texas, was one of the joys of their lives, a vocation dedicated to educating children and keeping them out of harm's way.
After Texas Massacre, U.S. Senators Discuss Options Against 'Very Slim' Odds
Democrats and some Republicans in the U.S. Senate discussed tightening reviews of gun buyers following the deadliest school shooting in nearly a decade, although members of both parties acknowledged action was unlikely.
IMF's Georgieva: 'Trend Of Fragmentation Is Strong'
International Monetary Fund Managing Director Kristalina Georgieva on Wednesday said she worries less about the risk that the war in Ukraine and a further slowdown in China might trigger a global recession than she does about the strength of the trend toward economic and political fragmentation.
Analysis: Stock And Bond Divergence Offers Hope For Battered 60/40 Portfolio
U.S. stocks and bonds are moving in opposite directions, a phenomenon that could bring relief for investors hoping for a blend of the two asset classes to blunt declines in their portfolios.
Alcaraz, Zverev Pull Off French Open Escapes As Nadal, Djokovic Cruise
Alcaraz, Zverev pull off French Open escapes as Nadal, Djokovic cruise
World Voices Horror As Latest Massacre Dents US Image
World voices horror as latest massacre dents US image
U.S. Treasury Pushes Russia Towards Default: What Next?
Russia edged closer to a historic debt default on Wednesday after the United States decided against extending a key license that had allowed Moscow to keep paying bondholders despite the sanctions imposed on it for attacking Ukraine.
Four Bombs Kill At Least 16 In Afghanistan
Four bombs kill at least 16 in Afghanistan
Paris Prosecutor Rejects Call To Investigate Minister Accused Of Rape
The Paris prosecutor's office said on Wednesday it would not at this stage open a probe against an embattled new minister targeted by rape allegations, in a case that has overshadowed the start of French President Emmanuel Macron's new government.
Bhutto Scion Rejects Khan Allegations, Rebuilds Ties With West At Davos
Pakistan's newly-appointed foreign minister on Wednesday rejected claims by former prime minister Imran Khan that the United States had plotted his downfall.
Pakistan Foreign Minister Says $6 Billion IMF Deal Is 'Outdated'
An ongoing bailout deal between Pakistan and the International Monetary Fund (IMF) is "outdated" given a number of global crises, Pakistan's foreign minister said on Wednesday, as the country struggles to implement targets set by the lender.
U.S. FDA Defends Baby Formula Shortage Response In Congress
The U.S. Food and Drug Administration on Wednesday in testimony to lawmakers defended the steps it took to address complaints about possible baby formula contamination at an Abbott Laboratories plant that has been closed since February.
U.S. Baby Formula Shortage: FDA Defends Response, Cites Safety Problems At Abbott Plant
The U.S. Food and Drug Administration on Wednesday in testimony to lawmakers defended steps it took to address complaints about possible baby formula contamination at a now shuttered Abbott Laboratories plant that led to severe nationwide shortages.
Lawmakers Grill U.S. FDA On Response To Abbott Baby Formula Safety
Lawmakers grilled U.S. Food and Drug Administration officials on Wednesday over what they saw as a lack of urgency in the agency's response to complaints about possible baby formula contamination at a now shuttered Abbott Laboratories plant that led to severe nationwide shortages.
British Virgin Islands Ex-premier Fahie Pleads Not Guilty To Drug Charges
Former British Virgin Islands Premier Andrew Fahie pleaded not guilty to charges of conspiring to launder money and import cocaine to the United States, his attorney said on Wednesday, following his arrest in Miami.
US Negotiator Says Odds Against Reviving Iran Deal
US negotiator says odds against reviving Iran deal
Italy Prosecutors Seek 6-year Jail Term For Berlusconi In Bribery Case
Milan prosecutors on Wednesday requested former Italian prime minister Silvio Berlusconi be jailed for six years for allegedly bribing witnesses in a 2013 underage prostitution case.
Dutch Journalists, Rights Group File Lawsuit Challenging EU Ban On RT, Sputnik
The main Dutch journalists' union on Wednesday filed a lawsuit challenging the European Union's ban on Russian state-backed media outlets as a violation of European citizens' own rights to freedom of information.
Tackling Visa And Mastercard Fees Could Take Years, Says UK Regulator
It could be years before card fees from global payments duo Mastercard and Visa can be capped again to cut costs for retailers and consumers, Britain's payments regulator told lawmakers on Wednesday.
Exclusive-Russian Hackers Are Linked To New Brexit Leak Website, Google Says
A new website that published leaked emails from several leading proponents of Britain's exit from the European Union is tied to Russian hackers, according to a Google cybersecurity official and the former head of UK foreign intelligence.
Russian Hackers Are Linked To New Brexit Leak Website, Google Says
A new website that published leaked emails from several leading proponents of Britain's exit from the European Union is tied to Russian hackers, according to a Google cybersecurity official and the former head of UK foreign intelligence.