OAN NewsroomUPDATED 11:45 AM PT – Wednesday, October 26, 2022 Fired-up Congressman Lee Zeldin brought the fight to the debate stage. Against Democrat Governor Kathy Hochul. Here’s one America’s Caitlin Sinclair with the latest from New York. Free America Network Articles
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Intel’s Mobileye unit valued at $22 billion as shares cruise higher
(Reuters) -Shares of Mobileye Global Inc are up 30% in early afternoon trading on Wednesday following its U.S. debut, valuing the self-driving technology unit of Intel Corp at $21.8 billion as investors lapped up what could be the last major IPO of 2022. The debut comes after a turbulent period […]
Refiner Phillips 66 cutting staff at refineries, terminals, offices -sources
By Erwin Seba HOUSTON (Reuters) -U.S. oil refiner Phillips 66 has begun reducing staff at several refineries, refined products terminals and offices as part of a restructuring program, said two people familiar with the matter. Phillips 66 spokesperson Bernardo Fallas confirmed that some jobs were being eliminated at the company. […]
U.S. SEC adopts executive compensation clawback rules
By John McCrank (Reuters) – The U.S. Securities and Exchange Commission on Wednesday voted to adopt new rules that will require companies that restate their financials due to compliance lapses to claw back excess compensation from their executives. The rule, which Congress mandated following the 2007-2009 financial crisis, was left […]
Poll: Gov. DeSantis garners 51% Latino support
Florida Gov. Ron DeSantis speaks during the Turning Point USA Student Action Summit held at the Tampa Convention Center on July 22, 2022 in Tampa, Florida. The event features student activism and leadership training, and a chance to participate in a series of networking events with political leaders. (Photo by […]
Spotify criticizes Ye’s comments, keeps his music
By Dawn Chmielewski (Reuters) – As corporations around the world including Adidas AG cut ties with Kanye West, music streaming service Spotify Technology SA said it would not remove the rapper’s music unless his label requested it. Music from the artist now known as Ye did not violate anti-hate policies, […]
U.S. alleges Seagate broke export rules to sell Huawei hard drives -source
By Karen Freifeld (Reuters) -Seagate Technology Holdings said in a filing on Wednesday that it has been warned by the U.S. government that the company may have violated export control laws by providing hard disk drives to a customer on a trade blacklist. The customer is China’s Huawei, a source […]
Turkish competition board fines Meta Platforms $18.6 million
By Ebru Tuncay ISTANBUL (Reuters) – Turkey’s competition authority has fined Facebook parent Meta Platforms Inc 346.72 million lira ($18.63 million) for breaking competition law, it said on Wednesday. The Turkish regulator said the company held a dominant position in personal social networking services and online video advertising and had […]
Temasek shifts president, CFO in management shuffle
(Corrects to “Leong” from “Leng” in paragraph 3) (Reuters) -Singapore’s Temasek Holdings said on Wednesday President Tan Chong Lee will resign to take up the role as chief executive officer at its fund management firm 65 Equity Partners. In a slew of management changes announced by the investment giant, Leong […]
Harley profit rises as pent-up demand fuels improved shipments
By Bianca Flowers (Reuters) -Harley-Davidson on Tuesday reported better-than-expected profit as robust demand for popular bike models during the summer riding season boosted sales, easing investors’ fears of a slowdown in leisure spending due to high inflation. Shares of the iconic motorcycle maker were 2.5% higher in pre-market trading after […]