WASHINGTON (Reuters) – The United States Federal Reserve bought $ 428 million in bonds from individual companies through mid-June, making investments in names known as Walmart and AT&T, as well as in major oil companies, tobacco giant Philip Morris. International Inc and a utility subsidiary of billionaire holding Warren Buffett’s …
Read More »UPDATE 1: US consumer spending recovers; income sinks
(Add report details) By Lucia Mutikani WASHINGTON, June 26 (Reuters) – US consumer spending rebounded by the largest amount on record in May, but earnings are unlikely to be sustainable as revenue will decline and is expected to decline further. more as millions lose their unemployment checks starting next month. …
Read More »Chuck E. Cheese’s father files for bankruptcy, another pandemic victim
(Reuters) – Chuck E. Cheese restaurant chain, parent of CEC Entertainment, filed for Chapter 11 bankruptcy on Thursday, becoming the latest victim of the COVID-19 pandemic that has crushed the entertainment and entertainment industries. leisure worldwide. FILE PHOTO: A Chuck E. Cheese restaurant in Oceanside, California, USA shown. USA, January …
Read More »Philippines launches investigation into Wirecard’s billions of ghosts
MUNICH / MANILA (Reuters) – The Philippines is investigating Wirecard’s $ 2.1 billion accounting scandal, which said former chief operating officer of German payments firm Jan Marsalek could be in the country. FILE PHOTO: Markus Braun, CEO of Wirecard AG, an independent provider of white label outsourcing solutions for electronic …
Read More »