Category Archives:
US government credit default swaps hit all time high on debt ceiling impasse
By Davide Barbuscia NEW YORK (Reuters) - The cost of insuring exposure to U.S. government debt rose to fresh highs on Wednesday, as President Joe Biden and top lawmakers remained deadlocked in talks o...
May 10, 2023
Glass Lewis backs Icahn’s nominees for Illumina
(Reuters) - Proxy adviser Glass Lewis on Wednesday recommended Illumina Inc shareholders support two of Carl Icahn's nominees to the U.S. life sciences firm's board and vote against re-election of the...
May 10, 2023
US Senate committee approves rail safety bill after Ohio derailment
WASHINGTON (Reuters) - The U.S. Senate Commerce Committee on Wednesday approved sweeping bipartisan rail safety legislation prompted by a Norfolk Southern-operated train derailment on Feb. 3 in Ohio. ...
May 10, 2023
Ex-Tesla worker seeks third trial in race bias case after $3.2 million award
By Daniel Wiessner (Reuters) - A Black former Tesla Inc factory worker has accused the electric automaker's lawyers of "egregious misconduct" after a jury awarded him $3.2 million in a race bias case,...
May 10, 2023
First Citizens BancShares records $9.8 billion gain from Silicon Valley Bank purchase
(Reuters) - First Citizen BancShares Inc on Wednesday reported a gain of $9.82 billion in the first quarter from its acquisition of failed lender Silicon Valley Bank in March. The windfall helped driv...
May 10, 2023
U.S. watchdog says it found unacceptable problems with Chinese company audits
By Chris Prentice and Michelle Price WASHINGTON (Reuters) - The U.S. Public Company Accounting Oversight Board (PCAOB) found unacceptable deficiencies in audits of U.S.-listed Chinese companies perfor...
May 10, 2023
Democratic U.S. Senator Manchin to oppose all EPA nominees -statement
WASHINGTON (Reuters) - Democratic U.S. Senator Joe Manchin said on Wednesday he would oppose all nominees to run the Environmental Protection Agency (EPA) until President Joe Biden's administration ha...
May 10, 2023
Dolly Parton reveals starry list of collaborators for first rock album
U.S. country music star Dolly Parton has teamed up with the likes of former Beatles Paul McCartney and Ringo Starr, veteran singers Elton John and Sting as well as her goddaughter Miley Cyrus, for her...
May 10, 2023
Turkey’s economy faces ‘lost year’ no matter who wins election, insiders say
By Orhan Coskun ANKARA (Reuters) - Turkey's economy is bracing for a "lost year" no matter who wins landmark elections on Sunday, political insiders say, even if the opposition pledges to tear down Pr...
May 10, 2023
Ireland could amass $156 billion wealth fund with windfall corporate tax
DUBLIN (Reuters) - Ireland could amass a 142 billion euro ($156 billion) sovereign wealth fund by 2035 and cover much of its future age-related costs if it invests all its forecast windfall corporatio...
May 10, 2023
Peoria, IL, USA
47 °F Mist
