Tuesday, 11 January 2022

Reuters Business: EXCLUSIVE Exxon Mobil launches sale of U.S. shale gas properties - marketing document

EXCLUSIVE Exxon Mobil launches sale of U.S. shale gas properties - marketing document

Exxon Mobil on Tuesday launched the sale of shale gas properties stretching across 27,000 acres in the Appalachian basin of Ohio, according to a marketing document seen by Reuters, part of an ongoing divestiture of U.S. assets.

Walgreens starts strategic review for UK-based Boots business

Walgreens Boots Alliance Inc has begun a strategic review of its U.K.-based Boots business, Chief Executive Officer Rosalind Brewer said on Tuesday, as the second largest U.S. pharmacy chain tries to renew its focus on U.S. healthcare.

Citi to exit Mexican consumer banking business in strategy revamp

Citigroup Inc said on Tuesday that it will exit its Citibanamex consumer banking business in Mexico, ending a two-decade-long retail effort that was the last of its consumer banking ventures outside the United States.

EXCLUSIVE Pfizer to cut U.S. sales staff as meetings with healthcare providers move to virtual

Pfizer Inc said on Tuesday it is reducing its U.S. sales staff as it expects doctors and other healthcare providers to want fewer face-to-face interactions with sales people after the COVID-19 pandemic ends.

U.S. new vehicle prices hit record high in December - Kelley Blue Book

The average transaction price of new vehicles in the United States shot up nearly 14% in December from the previous year, driven by strong sales of luxury vehicles, auto industry consultancy Kelley Blue Book said in a report on Tuesday.

U.S. labor board sets dates for union vote at Amazon warehouse in Alabama

The U.S. National Labor Relations Board said on Tuesday that it will send unionization ballots to workers at an Amazon.com Inc warehouse in Bessemer, Alabama on Feb. 4, setting the stage for the next labor contest facing the online retailer.

U.S. judge rejects Facebook request to dismiss FTC antitrust lawsuit

A U.S. judge on Tuesday declined to dismiss the Federal Trade Commission's antitrust lawsuit against Facebook , saying the FTC had a plausible case that should be allowed to proceed.

Kroger's King Soopers sweetens wage offer ahead of union strike

Kroger's King Soopers sweetened its wage offer to unionized workers to $170 million, a day before workers have threatened to go on strike, calling it their best and final offer.

ARK's Wood turns focus to deflation, 'stay connected' stocks

Star stock picker Cathie Wood of ARK Invest doubled down on her bet that deflation, rather than inflation, will be the largest factor in the U.S. economy in the year ahead in a webinar on Tuesday.

Costa Rica hydro plant gets new lease on life from crypto mining

A small river in the middle of coffee plantations, sugar cane fields and a forest provides energy to a hydroelectric power plant in Costa Rica that feeds hundreds of computers wired up to the cryptocurrency mining business.

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