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RTT News 01/23/2020 10:50
European Central Bank President Christine Lagarde on Thursday launched a broad review of the bank's monetary policy strategy, which she said will cover "a whole host of issues" ranging from the inflation target to the impact of climate change. "The review will have to do with how we deliver, how we measure, how we communicate when it comes to decision making, publication, outreach," Lagarde said.
RTT News 01/23/2020 10:32
The Texas State Securities Board or TSSB listed cryptocurrencies to be among the top threats to investors. This was revealed in the 10th anniversary edition of the Texas Investor Guide published by the TSSB under the title "Strategies for Investing Wisely and Avoiding Financial Fraud." The regulator lists cryptocurrency offerings as a threat to investors as they are extraordinarily volatile.
RTT News 01/23/2020 10:25
New York-based grocery chain Fairway Market has filed for Chapter 11 bankruptcy protection, but said its stores will remain open across the Tri-State area during the court process and it does not expect any service interruptions. This is the second time the company has filed for bankruptcy. The company earlier filed for Chapter 11 bankruptcy protection in 2016.
RTT News 01/23/2020 10:00
Lipari Foods, LLC has for a second time extended its recall for various wedge deli sandwiches for fear of potential contamination with Listeria Monocytogenes, a deadly bacteria, the U.S. Food & Drug Administration said in a statement. The original recall was initiated on January 6 and the expanded recall on January 13, following notification by JLM Manufacturing.
RTT News 01/23/2020 09:53
The extensive decennial counting of heads in the United States got off to a start in the ice-covered Alaska Tuesday. U.S. Census Bureau Director Steven Dillingham kicked off the 2020 Census in the remote Alaska Native village of Toksook Bay by counting the first person and household in the nation's once a decade population measuring process. He delivered the first 2020 Census questionnaire to a.
RTT News 01/23/2020 09:47
The Centers for Disease Control and Prevention (CDC) said it is closely monitoring an outbreak of respiratory illness caused by a new variety of coronavirus named "2019-nCoV" that killed 17 people and infected hundreds of others in China. The World Health Organization has convened an International Health Regulations Emergency Committee meeting Thursday to ascertain whether the outbreak constitute.
RTT News 01/23/2020 08:28
The European Central Bank on Thursday announced the launch of a review of its monetary policy strategy, the first such exercise since 2003, as it left its interest rates, asset purchases and forward guidance unchanged. The central bank is set to provide the details about the scope and timetable of the review in a separate press release at 15:30 CET.
RTT News 01/23/2020 08:12
A top General in charge of the U.S. military operations against the Islamic State in Iraq and Syria warned that the dreaded terrorist outfit has the potential to resurge if pressure is taken off from them for too long a period of time. Addressing a news conference at the Pentagon, Air Force Maj. Gen. Alexus G. Grynkewich said he doesn't think there is an immediate threat of an ISIS resurgence,
RTT News 01/23/2020 07:39
The Procter & Gamble Company (PG) reported that its second-quarter core earnings per share rose 14 percent year-on-year, due to lower non-core restructuring charges versus the prior year. Currency-neutral core earnings per share increased 15 percent. Organic sales were up five percent, for the quarter. For fiscal 2020, the company raised its guidance for core earnings per share growth from a range of five to ten percent to a range of eight to eleven percent. Also, the company increased its guidance for organic sales growth from a range of three to five percent to a range of four to five percent.
RTT News 01/23/2020 06:02
Five Star Food Inc. is recalling certain Sham Gardens Excellent tahina containers for potential contamination with Salmonella, the US Food and Drug Administration said in a statement. The recall involves 100 cases of Excellent tahina 800 g and 100 cases of Excellent tahina 400 g containers. The Garden City, Michigan-based company, however, has not received any reports of illness.
RTT News 01/23/2020 05:00
Semiconductor company STMicroelectronics NV reported Thursday lower profit in its fourth quarter with weak margin, despite higher revenues. Earnings per share and revenues were above market estimates. Looking ahead for the first quarter, the company projects higher revenues above analysts' estimates. In pre-market activity on the NYSE, STM shares were gaining around 5.6 percent.
RTT News 01/23/2020 04:09
Fashion apparel retailer Express, Inc. said it plans to close approximately 91 stores by 2022, amid a weakening retail climate. This is apart from the nine stores closed in 2019. The company also expects 3 percent decline in comparable sales for the fourth quarter. As part of its EXPRESSway Forward cost-cutting plan, the company has identified opportunities for $80 million cost reduction.

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