Category Archives:
First Republic options draw bears, though cashing in could be a problem
By Saqib Iqbal Ahmed and Laura Matthews NEW YORK (Reuters) - Bearish options traders are ramping up bets on further declines in the beaten-down shares of First Republic Bank, though strategists say th...
Apr 28, 2023
White House: Fed report on SVB reinforces need for regulatory, supervisory reforms
WASHINGTON (Reuters) - The Federal Reserve Board's independent review of Silicon Valley Bank's collapse reinforces the need for "the commonsense regulatory and supervisory reforms" that President Joe ...
Apr 28, 2023
Exxon, Chevron split over how to manage rising cash piles
By Sabrina Valle and Arunima Kumar HOUSTON (Reuters) - The two largest U.S. oil companies - Exxon Mobil Corp and Chevron Corp - are minting cash from booming oil and gas operations, but are splitting ...
Apr 28, 2023
Illinois legislature looks to address bullying in schools
SPRINGFIELD, Ill. – Legislators in Springfield are working on a bill that seeks to address bullying issues in schools. The bill has already passed the House and is making its way through the Sen...
Apr 28, 2023
Supervisory staff shortages come into focus in Fed, FDIC reviews of failed banks
By Hannah Lang (Reuters) - Among the key findings revealed on Friday in the Federal Reserve and Federal Deposit Insurance Corp assessments of the causes of last month's two huge U.S. bank failures, on...
Apr 28, 2023
One year since Knox County Sheriffs Deputy died in the line of duty
(Knox County Sheriffs Department) CLICK FOR LARGER IMAGE GALESBURG, Ill. – Saturday is a day to remember a sheriffs deputy in Knox County who died in the line of duty. It was one year ago Deputy...
Apr 28, 2023
SEC looks down on UpToken, imposes crypto fines
By Jonathan Stempel (Reuters) - The U.S. Securities and Exchange Commission has fined Seattle-based Coinme and related defendants nearly $4 million for conducting an unregistered and misleading offeri...
Apr 28, 2023
OSF HealthCare marks ‘Jump Trading and Simulation’s’ 10th anniversary
PEORIA, Ill. – The arm of Peoria’s OSF HealthCare that works on advancing health care technology and education is hitting a milestone. OSF’s “Jump Trading and Simulation”...
Apr 28, 2023
Obama, Spielberg and Springsteen delight Barcelona restaurant staff
MADRID (Reuters) - People in Barcelona had to do a double take on Friday when former President Barack Obama, Michelle Obama and film maker Steven Spielberg joined the throngs of tourists to visit some...
Apr 28, 2023
Chinese small-cap stocks surge in meme-like rally
By Chibuike Oguh and Bansari Mayur Kamdar NEW YORK (Reuters) - The U.S.-listed shares of small and micro-cap Chinese firms soared on Friday, reminiscent of meme-like rallies last summer that were unde...
Apr 28, 2023
Peoria, IL, USA
46 °F Overcast
