Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
McKinsey to pay $78 million in US opioid settlement with health plans
By Nate Raymond (Reuters) - Consulting firm McKinsey & Co has agreed to pay $78 million to resolve claims by U.S. health insurers and benefit plans that it fueled an epidemic of opioid addiction throu...
Dec 29, 2023
Colombia’s Petro floats possible changes to tax reform
BOGOTA (Reuters) - Colombia's President Gustavo Petro on Friday proposed making changes to a tax reform that entered into effect this year that would lower taxes for businesses and hike them for rich ...
Dec 29, 2023
Colombia to hike minimum wage by 12% in 2024
BOGOTA(Reuters) - Colombia's minimum wage will increase by 12% in 2024, Labor Minister Gloria Ines Ramirez said on Friday, taking the figure to 1.3 million pesos ($340) per month. The increase in the ...
Dec 29, 2023
BlackRock, VanEck among asset managers that submitted updated filings for spot bitcoin ETF
By Suzanne McGee and Hannah Lang (Reuters) - Asset management firms hoping to be among the first to win regulatory approval to launch exchange traded funds (ETFs) tied to the spot price of bitcoin upd...
Dec 29, 2023
US judge rules against Corcept in patent infringement spat with Teva
(Reuters) - A U.S. judge on Friday ruled against Corcept Therapeutics in a patent infringement lawsuit the pharmaceutical firm had brought against Teva Pharmaceutical, sparking a frenzied stock sell-o...
Dec 29, 2023
Sam Bankman-Fried will not face a second trial, U.S. prosecutors decide
NEW YORK (Reuters) -U.S. prosecutors said on Friday they do not plan to proceed with a second trial against Sam Bankman-Fried, who was convicted last month of stealing from customers of his now-bankru...
Dec 29, 2023
Egg producer Cal-Maine to buy Tyson’s chicken plant in Missouri
(Reuters) - Egg producer Cal-Maine Foods said on Friday it had agreed to acquire a recently shut chicken broiler processing plant, hatchery and feed mill in Dexter, Missouri from Tyson Foods. Tyson, t...
Dec 29, 2023
Hershey is sued over lack of artistic detail on Reese’s candies
By Jonathan Stempel (Reuters) - Hershey has been sued by a Florida woman who said its holiday-themed Reese's peanut butter candies lack the artistic details shown on the packaging that make them worth...
Dec 29, 2023
Airlines urge Biden administration to do more to address flight delays
By David Shepardson WASHINGTON (Reuters) - A group representing major passenger airlines on Friday urged U.S. transportation officials to do more to address the impact of private planes and air traffi...
Dec 29, 2023
New York Fed: Inflows to reverse repo facility surge, hitting $1.018 trillion
By Michael S. Derby NEW YORK (Reuters) - The Federal Reserve Bank of New York said on Friday it accepted $1.018 trillion at its overnight reverse repo facility, as inflows to the central bank liquidit...
Dec 29, 2023
