Stock Market News for Jan 17, 2022

Published on January 17, 2022

Wall Street closed mixed on Friday following mixed fourth-quarter 2021 earnings results of banking industry.

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Glaxo (GSK) Rejects Unilever's $68B Bid for Consumer Business

January 17, 2022
Glaxo (GSK) rejects an offer from Unilever to acquire its consumer business worth 50 billion pounds ($68 billion). However, Unilever is likely to pursue the acquisition of the business.

The World's 10 Richest Men Have Made So Much Money During the Pandemic That a One-Time 99% Tax on Their Gains Could Pay for All Covid-19 Vaccine Production and More: Oxfam

January 17, 2022
Oxfam issued a new report on inequality in which it advocated more taxation for the rich.