Kraft Heinz says the production of Heinz Ketchup is returning to Canada, with the company's Montreal factory set to begin making the iconic condiment next summer. The ketchup maker says the decision to move production back to Canada from the U.S. comes after a joint investment between Kraft Heinz Canada...
CHICAGO (Reuters) - The Republican tax bill approved by Congress this week will create financial headaches for millions of taxpayers trying to navigate all the new rates and rules. But the legislation now headed for President Donald Trump’s signature also will have this grim impact: thousands of additional,...
The price of dogecoin has shot up after technology billionaire Elon Musk referred to himself as “The Dogefather”. The meme-inspired cryptocurrency rose from $0.25 to $0.30 in less than 15 minutes on Wednesday morning, pushing it back towards the record highs that it experienced earlier this month. Mr Musk, who counts...
(Reuters) - Royal Bank of Scotland Group Plc will pay $125 million to resolve claims that it made misrepresentations while selling mortgage-backed securities to two large California pension funds, the state’s attorney general has announced. The settlement announced on Friday by California Attorney General Xavier Becerra was the...
CHICAGO (Reuters) - If you are going to college, getting extra training for a job, or paying off student loans, there are myriad tax breaks worth thousands of dollars to people burdened by college costs. Although many were threatened in early versions of the tax bills crafted...
LONDON (Reuters) - Hedge funds and other managers of catastrophe bond funds racked up some of the worst losses in more than a decade from this year’s hurricanes and wildfires. But a year that is shaping up to be the costliest on record for insurance losses from natural...
Moderna (NASDAQ:MRNA) and the Pfizer/BioNTech partnership might not enjoy a duopoly in the U.S. COVID-19 vaccine market for much longer. Johnson & Johnson (NYSE:JNJ) announced late-stage results for its coronavirus vaccine candidate last week. The healthcare giant now plans to seek Emergency Use Authorization (EUA) from the Food and...
Major automakers on Thursday posted a weak finish to the year for U.S. new vehicle sales but remained bullish on the outlook for the economy even as much of the industry braced for what is widely expected to be a worse year in 2019. "Despite recent market turbulence, the data...
Stock Futures Today – Tesla, Palantir, Bitcoin: What to Watch When the Stock Market Opens Today. Here’s what we’re watching as markets kick into gear on Tuesday. —U.S. stock futures slipped as investors awaited Federal Reserve Chairman Jerome Powell’s testimony in Congress on the health of the economy. Futures tied to the...
Boeing today announced that it will begin to deliver commercial airplanes capable of flying using 100% biofuel, or sustainable aviation fuel, by 2030. In order to power aircraft with biofuel, or fuel derived from living matter, Boeing will need to work with engine makers and change its aircraft systems, and...