Fed’s Powell sees inflation lingering, risks from COVID
By Ann Saphir (Reuters) -U.S.
Business
UnitedHealth forecasts 2022 profit below estimates
(Reuters) – UnitedHealth Group Inc on Monday forecast profit for 2022 below Wall Street estimates, as it grapples with a surge in insurance claims due to the COVID-19 pandemic.
Google failed to honor ‘don’t be evil’ pledge in firing engineers – lawsuit
By Julia Love SAN FRANCISCO (Reuters) – A group of former Google employees sued the Alphabet Inc unit on Monday alleging that it breached their employment contracts by not honoring its famous motto “
Fed’s Bowman says well-being of Indigenous people important for financial inclusion
(Reuters) – Federal Reserve officials need to factor in the economic well-being of Indigenous people as they work to improve access to banks and other financial services, Fed Governor Michelle Bowman
Omicron COVID-19 variant poses risks to global growth, inflation – rating agencies
By Kanishka Singh (Reuters) – The Omicron COVID-19 variant could hurt global growth prospects while also pushing prices higher, rating agencies Fitch Ratings and Moody’s Investors Service said on
Twitter CEO Jack Dorsey hands reins to technology chief Agrawal
By Greg Roumeliotis and Sheila Dang (Reuters) – Twitter Inc Chief Executive Officer Jack Dorsey is stepping down from his role and Chief Technology Officer Parag Agrawal will now lead the company, the
Goldman Sachs introduces new employee benefits – source
(Reuters) – Goldman Sachs Group Inc on Monday introduced a slew of benefits for its employees, as it attempts to ease the strain on its workers and woo talent.
Investors cling to hope as Omicron spreads, shares rebound
By Matt Scuffham and Dhara Ranasinghe NEW YORK/LONDON (Reuters) – A semblance of calm returned to world markets on Monday as investors waited for more details to assess the severity of the Omicron
Speculators’ net long U.S. dollar bets hit highest since mid-October – CFTC, Reuters data
NEW YORK (Reuters) – Speculators’ net long bets on the U.S. dollar rose to the highest level since mid-October, according to calculations by Reuters and U.S.