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Tyre Nichols, George Floyd and police abuse: Time for a public-union reckoning?

As the family of Tyre Nichols endures the release of the video of the young Black man’s fatal traffic stop with Memphis police, and the nation still smarts from the civilian-filmed 2020 murder of George Floyd at the hands of Minneapolis cops, a book hitting this week argues it’s time to disband the public labor …

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Video shows Memphis police officers kicking, beating Tyre Nichols By Reuters

2/2 © Reuters. FILE PHOTO: Tyre Nichols, who died in a hospital on Jan. 10, three days after sustaining injuries during his arrest by police officers, is seen in this undated picture obtained from social media. Facebook/Deandre Nichols/via REUTERS 2/2 By Alyssa Pointer and Brendan O’Brien MEMPHIS, Tenn. (Reuters) -Tyre Nichols, a Black motorist stopped …

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S&P downgrades Bed Bath & Beyond, says beleaguered retailer has ‘insufficient funds’ to repay its financial obligations

S&P Global Ratings downgraded Bed Bath & Beyond Inc.’s credit Friday, a day after the beleaguered retailer said it was in default on loans that have been called in. The default filing sent Bed Bath & Beyond’s BBBY, +1.19% stock plunging, although it rallied to end Friday’s session up 1.2%, outpacing the S&P 500 Index’s …

S&P downgrades Bed Bath & Beyond, says beleaguered retailer has ‘insufficient funds’ to repay its financial obligations Read More »

U.S. secures deal with Netherlands, Japan on China chip export limit- Bloomberg By Reuters

2/2 © Reuters. FILE PHOTO: White House national security adviser Jake Sullivan addresses the daily press briefing at the White House in Washington, U.S. September 30, 2022. REUTERS/Jonathan Ernst/File Photo 2/2 WASHINGTON (Reuters) -The United States has secured a deal with the Netherlands and Japan to restrict exports of some advanced chip-making machinery to China …

U.S. secures deal with Netherlands, Japan on China chip export limit- Bloomberg By Reuters Read More »

AMD earnings face even more scrutiny after ‘astonishingly bad’ Intel outlook

Advanced Micro Devices Inc. gets to show Wall Street if it “certainly” ended 2022 in a better place, after the price of clearing inventory helped gut results from rival Intel Corp. AMD AMD, +0.32% is scheduled to report earnings after the close of markets on Tuesday. AMD Chief Executive Lisa Su said three months ago …

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Nestle to invest $100 million in Colombia, says Colombia president By Reuters

© Reuters. FILE PHOTO: A logo is pictured on the Nestle research center at Vers-chez-les-Blanc in Lausanne, Switzerland August 20, 2020. REUTERS/Denis Balibouse/File Photo BOGOTA (Reuters) – Nestle is set to invest $100 million over the next three years in its Colombia operations, President Gustavo Petro said on Friday, part of his push to boost …

Nestle to invest $100 million in Colombia, says Colombia president By Reuters Read More »

California reparations push needs to be a ‘game-changer,’ author of bill says

“” — Shirley Weber, California secretary of state, addressing the Reparations Task Force California Secretary of State Shirley Weber, who wrote the legislation that established the state’s groundbreaking reparations task force as a state assemblywoman, made that plea Friday to the panel at the beginning of a two-day meeting in San Diego. Weber’s Assembly Bill …

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Events in the Memphis police beating death of Tyre Nichols By Reuters

© Reuters. A man speaks through a bull horn during a protest on the day of the release of a video showing police officers beating Tyre Nichols, the young Black man who was killed during a traffic stop by Memphis police officers, in Memphis, Tennessee, U.S., January (Reuters) – The city of Memphis on Friday …

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U.S. stocks end higher, tech-heavy Nasdaq scores fourth straight week of gains as Fed meeting looms

U.S. stocks finished higher Friday, with the technology-heavy Nasdaq Composite leading the way up, as investors assessed fresh data on inflation and the economy as well as companies’ fourth-quarter earnings reports. The Nasdaq booked a fourth straight week of gains, its longest weekly win streak since August. How stock indexes traded The Dow Jones Industrial …

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Seven killed in synagogue attack as West Bank violence spirals By Reuters

2/2 © Reuters. Smoke and flames rise during Israeli airstrikes in Gaza City, January 27, 2023. REUTERS/Arafat Barbakh 2/2 By Henriette Chacar and Nidal al-Mughrabi JERUSALEM/GAZA (Reuters) -A Palestinian gunman killed seven people and wounded three others in a synagogue on the outskirts of Jerusalem on Friday in an attack that heightened fears of a …

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American Express stock enjoys best day since 2020 after earnings show strong spending in holiday quarter

American Express Co. exceeded $50 billion in annual revenue last year for the first time, buoyed by continued strong spending levels among its customer base. While the card giant came up short of profit expectations for the fourth quarter, it delivered an upbeat earnings outlook for the full year ahead. American Express AXP, +10.54% also …

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White House blasts Big Oil stock buybacks again as Chevron profits double By Reuters

© Reuters. Gas prices are advertised at a Chevron station as rising inflation and oil costs affect the consumers in Los Angeles, California, U.S., June 13, 2022. REUTERS/Lucy Nicholson By Nandita Bose and Jarrett Renshaw WASHINGTON (Reuters) – The White House on Friday launched a fresh attack against U.S. oil companies, accusing them of using …

White House blasts Big Oil stock buybacks again as Chevron profits double By Reuters Read More »

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