Category Archives:
Analysis: Fed report on SVB collapse could buoy shareholder lawsuits
By Jack Queen (Reuters) - A scathing Federal Reserve report on the collapse of Silicon Valley Bank released on Friday could be a boon to shareholders suing the defunct lender's executives for allegedl...
Apr 28, 2023
US Fed points finger at Trump-era rollback for SVB demise
By Douglas Gillison (Reuters) - The Federal Reserve on Friday blamed the deregulatory zeal that occurred during the Trump era for contributing to the second-largest bank failure in U.S. history, appea...
Apr 28, 2023
California’s fire season under way weeks after heavy rain and snow
By Steve Gorman LOS ANGELES (Reuters) - Barely five weeks after the last bout of heavy rain and snow in California's historically wet winter, firefighters on Friday battled the state's first large wil...
Apr 28, 2023
OpenAI closes $10 billion funding round at $27 billion-$29 billion valuation – TechCrunch
(Reuters) - OpenAI, the company behind the ChatGPT chatbot, has closed a new funding round of over $10.3 billion, valuing the company between $27 billion - $29 billion, TechCrunch reported on Friday. ...
Apr 28, 2023
Brazil’s Mura people report threats amid pressure to approve Amazon potash mine
By Ana Mano SAO PAULO (Reuters) - Leaders of Brazil's Mura people said on Friday tensions have risen in the Autazes region where they live after a federal agency crew visited the area to discuss poten...
Apr 28, 2023
U.S. Army orders 24-hour aviation stand down after two deadly helicopter crashes
WASHINGTON (Reuters) - The U.S. Army on Friday ordered its aviation units to pause operations for one day next month to review safety procedures and training after two recent helicopter crashes killed...
Apr 28, 2023
Women state senators cross party lines to block proposed South Carolina abortion ban
By Sharon Bernstein (Reuters) - A day after all five women in the South Carolina state senate banded together to block a proposed abortion ban, Republican Senator Sandy Senn posted a picture of the gr...
Apr 28, 2023
New COVID-19 cases down statewide, while elevated spread levels go somewhat up
CHICAGO, Ill. – COVID-19 is, in a sense both up and down in the State of Illinois. The Illinois Department of Public Health says compared to only two counties last week, now there are four count...
Apr 28, 2023
Wall Street Week Ahead: Recession worries simmer beneath US stock market rally
By Lewis Krauskopf NEW YORK (Reuters) - Economically sensitive areas of the U.S. stock market are flashing warnings over growth, even as major equity indexes edge higher. The S&P 500 is up 8.6% for th...
Apr 28, 2023
Environmental groups lose bid to undo Gulf of Mexico drilling leases
By Clark Mindock (Reuters) - Offshore drilling leases covering 1.7 million acres of federal waters in the Gulf of Mexico will remain in place after a federal appeals court said last year's $430 billio...
Apr 28, 2023
Peoria, IL, USA
43 °F Overcast
