U.S. antitrust enforcers plan to toughen merger guidelines

WASHINGTON (Reuters) - U.S. antitrust enforcers announced plans on Tuesday to rewrite merger guidelines in order to better fight illegal deals. The U.S. Justice Department and Federal Trade Commission issued a joint statement saying U.S. industries had become increasingly concentrated and a surge in merger filings in 2020 and 2021 signaled the si...

The Pros and Cons of Continuing To Work Remotely Post-Pandemic

Work from home! Make money in your pajamas! Over a year into the pandemic, much of America's white-collar workforce that has been doing this long enough for it to feel normal may or may not still be...

Mexico's Cuervo, Femsa among companies well-positioned for '22 -Barclays

MEXICO CITY (Reuters) - Tequila maker Cuervo, restaurant operator Alsea, bottler and retailer Femsa and supermarket retailer La Comer are among the listed Mexican companies positioned well in 2022, Barclays analysts said in a report, adding consumer companies in general will surpass pre-pandemic sales levels. Analysts Benjamin Theurer and Antonio...

Target, Amazon and 4 More Retailers That Will Reward You for Turning In Your Old Stuff

If you have unused electronics, video games or even car seats at home, you may be able to trade these items in for gift cards, coupons and more. Popular retailers like Target, Amazon and Walmart offer...

15 State Governments Spending the Most on Health Care

States are spending an increasingly large amount per resident on health care, even when you disregard the pandemic. Here's where the most money is being spent.

Amazon suspends plan to block UK Visa credit cards

Plans to block the cards are halted as the two sides continue to try to resolve a dispute over payment fees.

Teva settles shareholder lawsuit over generic drug pricing for $420 million

(Reuters) - Teva Pharmaceutical Industries Ltd has agreed to pay $420 million to settle shareholder litigation alleging the company hid an anti-competitive scheme to fix the price of generic drugs. The settlement was disclosed on Tuesday in papers filed in federal court in Connecticut. The company did not admit to wrongdoing. Shareholders had sue...

MPs call for automatic pension help appointments

Savers are struggling to navigate the "pensions minefield" and need more support, according to MPs.

Starbucks suspends vaccine, test requirement after U.S. court ruling

(Reuters) - Starbucks Corp suspended COVID-19 vaccine-or-test requirement for U.S. employees that had been mandated by the government, according to a memo sent to workers on Tuesday, following an adverse U.S. Supreme Court ruling. The coffee giant had said earlier this month it would require its around 220,000 U.S. employees to be fully vaccinate...

The Minimum Salary You Need To Be Happy in Every State

Can money buy happiness? According to a recent Purdue study published in the journal Nature Human Behaviour, income can correlate with emotional well-being and life satisfaction. Find Out: These Are...

Is Your Career at Risk? 15 Jobs That May Soon Be Facing Extinction

America's unemployment rate is at an all-time low, and yet, there are jobs that are disappearing. Learn whether or not your job is on the chopping block.

20 Ways To Pay Less at Costco

Shopping at Costco can be a great way to save money, but you might not be maximizing your savings. Imagine how much extra cash could be in your wallet if you optimized your buying strategy. With a...

UK cost of living rises again by 5.4%

UK cost of living rises by 5.4% in the 12 months to December, its fastest pace for 30 years

What can we do to get more women into coding?

How visual, auditory and kinesthetic tools used to teach kids coding should be adapted for adults.

7 Remote Jobs Gen Z Will Love

Older members of Gen Z have recently entered the workforce or will be entering the workforce for the first time, and what they look for in a job may not be the same as previous generations. According...

Asian shares rise as China cuts key mortgage rate

By Andrew Galbraith SHANGHAI (Reuters) - Asian share markets broke a five-day slide to edge higher on Thursday, shrugging off drops in Europe and on Wall Street overnight as China underscored its diverging monetary and economic picture by cutting benchmark mortgage rates. Despite the steadier start in Asia, analysts at ING said geo-political risk...

Cruise operator Genting Hong Kong files to wind up company as cash runs out

In a filing to the Hong Kong exchange, Genting said it will "imminently be unable to pay its debts as they fall due," as its liquidity dries up.

Norway wealth fund urged to pressure cladding firms

Grenfell survivors have asked a huge public fund to have 11 firms "resolve" buildings' fire safety defects.

Coca-Cola's African subsidiary eyes more consolidation in continent

By Promit Mukherjee JOHANNESBURG (Reuters) - Coca-Cola Beverages Africa (CCBA), the biggest bottling unit of Coca-Cola in the continent, is eyeing further consolidation of the parent's bottling operations there, its chief executive said on Tuesday, as it prepares to go public. CCBA is the Atlanta-based company's eighth biggest bottling company wi...

45 Jobs That Can Make You a Millionaire Before Retirement

Becoming a millionaire is a dream harbored by many an American, but it's also one that precious few manage to reach in their lifetime. After all, with all of the various costs that come with living...

Unplug These Appliances That Hike Up Your Electricity Bill

Hold on to your wallet. Due to inflation and prices surging for natural gas, heating oil, and other fuels, you will see a significant rise in your bills this winter. So if you've already opened your...

Unilever looks set to continue pursuing mega deal

The maker of Marmite and PG Tips says buying GlaxoSmithKline's healthcare arm would be a "strong fit".

North American railroad operators to lay bare volumes slump

By Abhijith Ganapavaram and Nathan Gomes (Reuters) - North American railroad operators are expected to reveal a dour picture when they report fourth-quarter results as lower freight volumes due to port congestion, labor shortages and adverse weather dampen gains from higher shipment prices. The COVID-19 pandemic knocked volumes shipped, but the c...

France can't afford higher spending, tax cuts - central bank head

PARIS (Reuters) -France cannot afford tax cuts and spending increases that have been floated by presidential candidates ahead of an election set for April, the head of the central bank said on Tuesday. France saw public debt shoot up to about 115% of economic output during the COVID pandemic from under 100% previously as President Emmanuel Macron p...

Credit Suisse chairman resigns after company probe

Antonio Horta-Osorio was reportedly found to have broken the UK's Covid-19 quarantine rules.

Millionaires ask government's to pay more tax

A group of more than 100 of the richest people say current tax systems are "not fair".

Australia's Lynas posts record revenue on strong demand for rare earths

(Reuters) -Australia's Lynas Rare Earths Ltd posted record second-quarter revenue on Wednesday, as demand for metals used in electric vehicles (EVs) grew amid a global push for reducing carbon emissions. The prices of neodymium and praseodymium (NdPr), widely used to make magnets that power EV motors, have nearly tripled over the past 14 months, as...

Exclusive: Chesapeake Energy nears $2.4 billion deal to buy Chief Oil & Gas -sources

By Shariq Khan and David French (Reuters) - Chesapeake Energy Corp is in advanced talks to acquire privately owned natural gas producer Chief Oil & Gas for around $2.4 billion, including debt, people familiar with the matter said on Wednesday. A deal for Chief Oil & Gas, founded and controlled by Texan 'wildcatter' Trevor Rees-Jones, could be ann...

Inflation: Seven reasons living costs are rising globally

Global inflation - the rate at which prices rise - is at its highest since 2008. Here are seven reasons why.

Qantas raises stakes in battle over long-haul cabin crew contract

By Jamie Freed SYDNEY (Reuters) - Qantas Airways Ltd said on Thursday it would seek to terminate its contract terms with long-haul flight attendants, in a move that would lead to large pay cuts, after union members voted against more flexible rostering. Qantas said it is the first time in its history that it has sought to terminate an employment ...

PG Tips maker will not increase £50bn bid for rival

Consumer goods giant Unilever says it will not sweeten its bid for the healthcare arm of GlaxoSmithKline.

Biden says it's appropriate for Fed to recalibrate support for U.S. economy

WASHINGTON (Reuters) - U.S. President Joe Biden on Wednesday said it was appropriate for the Federal Reserve to recalibrate the support it provides to the U.S. economy, given the strength of the recovery and recent price increases. "Given the strength of our economy and recent price increases, it's appropriate, as ... Fed Chairman (Jerome) Powell...

50 Purchases Buyers Almost Always Regret

Money is tight for many Americans. Even if you're one of the lucky few who has their finances in order, there's no use throwing money away on a purchase you'll later regret. See: All You Need To Know...

Woman sues Southwest, says airline ejected her for removing mask to drink water

By Jonathan Stempel NEW YORK (Reuters) - Southwest Airlines Co was sued for $10 million on Tuesday by a 68-year-old Florida woman who said the carrier ejected her from a flight because she periodically needed to remove her mask to drink water. Medora Clai Reading said she was wrongly removed from a Jan. 7, 2021, flight to Palm Beach, Florida, fro...

12 States Where Older Homeowners Can Defer Property Taxes

Property tax deferral programs can give more financial flexibility to retirees on a fixed income.

10 Moves That Will Make Your Credit Score Soar in 2022

Give your credit a makeover this year by following taking these simple steps.

White House tells chip industry to be ready for potential Russia export curbs

By Alexandra Alper and Karen Freifeld WASHINGTON (Reuters) - The White House told the U.S. chip industry to be prepared for new restrictions on exports to Russia if Moscow attacks Ukraine, sources said, including potentially blocking the country's access to global electronic supplies. The warning followed inquiries by the industry after reports b...

Rude Money Habits You Need To Break Now

Money can be a touchy subject, so how you approach it with others may take some extra thought and consideration. And although everyone has different levels of comfort when it comes to how they...

6 Easy Ways to Buy, Sell, Get and Give Stuff Away Online

These marketplaces are great places to get stuff or get rid of stuff, whether money changes hands or not.

Boss behind mass Zoom firing back in charge boss Vishal Garg took time off after his handling of mass job cuts sparked outrage.

How delivery apps created a 'Netflix of food ordering'

Innovative food delivery apps offer everything from multiple restaurant orders to home chef cuisine.

Wealth of 10 richest men 'doubled in pandemic'

Covid-19 has made the rich richer while poverty increased, Oxfam claims, as a virtual Davos gets underway.

Insurer cuts word 'energetic' from job ads

Phoenix Group says words like "energetic" and "enthusiastic" may discourage older job applicants.

United Airlines cuts capacity forecast, flags cost pressure on Omicron turmoil

By Rajesh Kumar Singh CHICAGO (Reuters) - United Airlines Holdings on Wednesday trimmed its capacity forecast and warned of higher costs, after posting a smaller-than-expected fourth-quarter loss, citing turbulence from the Omicron coronavirus variant. The Chicago-based carrier said the latest wave of the health crisis has depressed near-term dem...

UK job vacancies hit new high after furlough ends

The number of jobs on offer rose to 1.24 million but wage growth slowed and is below inflation.

Citi to sell consumer business in Malaysia, Indonesia, Thailand and Vietnam to UOB Group

UOB said it will acquire Citi's unsecured and secured lending portfolios, wealth management and retail deposit units in the four Southeast Asian markets.

15 Cities With the Most Young Homeowners

These are the places with the largest share of homes owned by people under age 35.

Biden says 'not there yet' on possible easing of tariffs on Chinese goods

By Alexandra Alper and Andrea Shalal WASHINGTON (Reuters) -President Joe Biden on Wednesday said it was too soon to make commitments on lifting U.S. tariffs on Chinese goods, but his chief trade negotiator Katherine Tai was working on the issue. "I'd like to be able to be in a position where I could say they're meeting their commitments, or more of...

British digital banking app Revolut launches U.S. stock trading

By Hannah Lang (Reuters) - Britain-based digital banking app Revolut launched commission-free stock trading in the United States on Wednesday, a move that will see it compete with online brokerages such as Robinhood Markets Inc and Charles Schwab Corp. The launch by Revolut comes amid a broader surge in retail trading, which escalated last year w...

Morrisons confirms sick pay cut for unvaccinated

The supermarket joins a list of firms which pay the legal minimum to unvaccinated staff obliged to isolate.