By Bo Erickson WASHINGTON (Reuters) -Moody’s downgrade of the U.S. sovereign credit rating has elicited mixed responses among Republicans in Congress, with some questioning the motive behind the change and others depicting it as a warning that lawmakers should heed as they wrestle with a sweeping tax and budget bill. The downgrade, announced on Friday evening, came only hours after a handful of ...
(This May 16 story has been refiled to say that Grant is the global deputy CEO of Danone (EPA:DANO), not the deputy CEO of Danone Americas, in paragraph 2) NEW YORK (Reuters) - Danone introduced a new protein shake under its Oikos yogurt brand this week as rivals Fairlife and Chobani that have similar products gain popularity with consumers and those taking weight-loss drugs such as Wegovy. The ...
NEW YORK (Reuters) - Moody’s on Friday downgraded the credit rating of the United States by a notch to "Aa1" from "Aaa", citing rising debt and interest "that are significantly higher than similarly rated sovereigns." U.S. President Donald Trump’s sweeping tax bill failed to clear a key procedural hurdle on Friday, as hardline Republicans demanding deeper spending cuts blocked the measure in a ...
By David Shepardson WASHINGTON (Reuters) -The Federal Communications Commission said Friday it was approving Verizon Communications (NYSE:VZ)’s $20 billion deal to acquire fiber-optic internet providers Frontier Communications (OTC:FTRCQ) after the largest U.S. telecom company agreed to end its diversity, equity and inclusion programs. Verizon agreed to buy Frontier in September for about $9.6 ...