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Perrigo begins strategic review of baby formula business

(Reuters) -Perrigo said on Wednesday it has initiated a strategic review of its infant formula business as the consumer health company shifts its focus to higher-margin branded products. The company is a top supplier of store-brand baby formula, which is sold under retailers' labels and ...
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Insurance tech firm Exzeo valued at $1.9 billion in muted NYSE debut

(Reuters) -Insurance technology firm Exzeo Group's shares opened flat in their New York Stock Exchange debut on Wednesday, bucking the trend of strong listings in the insurance sector and valuing the company at nearly $1.91 billion. Shares of the Tampa, Florida-based Exzeo opened at $21 ...
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Trump calls for end of filibuster as longest-ever shutdown drags on

By Jeff Mason and Gram Slattery WASHINGTON (Reuters) -U.S. President Donald Trump on Wednesday again called for Republican senators to terminate the filibuster rule in a bid to end what is now the longest government shutdown in history, a move that would shatter long-standing Senate ...
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Halpin Highlights Local Food Pantries

In the face of the federal administration pausing food assistance for thousands of Western Illinoisans, including children, State Senator Mike Halpin visited local food pantries in Rock Island, Galesburg and Monmouth to see firsthand the impact of SNAP being paused. “Our local food pantries are ...
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US service sector activity accelerates in October; employment still subdued

By Lucia Mutikani WASHINGTON (Reuters) -U.S. services sector activity picked up in October amid a solid increase in new orders, but subdued employment pointed to lackluster labor market conditions against the backdrop of economic uncertainty stemming from tariffs on imports. The Institute for Supply Management said ...
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Democrats win big over GOP incumbents in 2 statewide Georgia utility regulator races

ATLANTA (AP) - Two Democrats romped to wins over Republican incumbents in elections to the Georgia Public Service Commission on Tuesday, delivering the largest statewide margins of victory by Democrats in more than 20 years. Wins by Democrats Peter Hubbard and Alicia Johnson over Republicans ...
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Why California voters approved a redistricting ballot measure, according to the AP Voter Poll

WASHINGTON (AP) - Most California voters didn't like redrawing their congressional districts to favor Democrats. But many may have felt Republicans left them with no alternative. The AP Voter Poll, an expansive survey of more than 4,000 voters in California, captured the mixed emotions of ...
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Cathay Pacific to buy back shares from Qatar Airways for $897.3 million

(Reuters) -Cathay Pacific Airways will repurchase all of its shares owned by Qatar Airways for a total consideration of HK$6.97 billion ($897.33 million), Hong Kong's flagship carrier said on Wednesday. Cathay Pacific, which will repurchase 9.57% of its issued shares at HK$10.8374 per share, said ...
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US household debt up modestly in third quarter, New York Fed says

By Michael S. Derby (Reuters) -Overall U.S. household debt levels increased modestly in the third quarter as borrowing in some form of trouble stabilized and student loan woes increased, the New York Federal Reserve said on Wednesday. As part of its latest report on borrowing in ...
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Aurobindo Pharma’s profit rises on steady domestic demand 

(Reuters) -Indian drugmaker Aurobindo Pharma reported a 3.8% rise in profit on Wednesday, helped by steady domestic demand, especially for its anti-retroviral drugs for HIV infections. Consolidated net profit in the second quarter rose to 8.48 billion rupees ($96.48 million) from 8.17 billion rupees a ...
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From a few to more than 350, children and parents ride together to school as a ‘bike bus’

MONTCLAIR, New Jersey (AP) - On a sunny fall morning, children wearing helmets and backpacks gathered with their parents in Montclair, New Jersey, for a group bicycle ride to two local elementary schools. Volunteers in orange safety vests made sure everyone assembled in a ...
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Bunge beats profit estimates on strong processing margins, Viterra boost

By Karl Plume and Pooja Menon (Reuters) -Bunge Global topped Wall Street estimates for third-quarter adjusted profit on Wednesday with the closing of its acquisition of Viterra in July boosting volumes as oilseed processing margins improved, sending shares up 2.6%. Strong South American soybean exports ...
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