Category Archives:
Citigroup tries hand as matchmaker for U.S. small businesses and local banks
By David Henry (Reuters) - Citigroup Inc is launching a pilot service to digitally match U.S. small- and medium-sized businesses with local and regional banks willing to lend them up to $10 million. C...
Syndicated Content Aug 11, 2021
U.S. calls on OPEC and its allies to increase oil production
By Trevor Hunnicutt (Reuters) -President Joe Biden's top aides are pressuring OPEC and its oil-producing allies to boost production in an effort to combat climbing gasoline prices that they see as a t...
Syndicated Content Aug 11, 2021
Biden to meet with United Airlines CEO, others on COVID vaccine efforts
WASHINGTON (Reuters) -U.S. President Joe Biden on Wednesday will meet with the chief executives of United Airlines, Kaiser Permanente and others as part of a COVID-19 meeting aimed at finding ways to ...
Syndicated Content Aug 11, 2021
Air taxi maker Archer seeks $1 billion in damages from Boeing-backed rival
By Tracy Rucinski CHICAGO (Reuters) - Flying taxi developer Archer Aviation is seeking $1 billion in damages from Wisk Aero, a rival backed by Boeing and Google co-founder Larry Page's Kitty Hawk Corp...
Syndicated Content Aug 11, 2021
U.S. consumer price increases slowed in July, inflation still high
WASHINGTON (Reuters) - U.S. consumer price increases slowed in July but inflation overall remained historically high amid continued supply-chain disruptions and stronger demand for travel-related serv...
Syndicated Content Aug 11, 2021
Mubadala, BlackRock form partnership across private equity funds
(Reuters) - A consortium led by BlackRock, the world's largest asset manager, has invested in assets managed by Abu Dhabi state fund Mubadala and in a private equity fund, Mubadala said on Wednesday. ...
Syndicated Content Aug 11, 2021
Exclusive-Fed’s Barkin: U.S. “closing in” on taper, but could still take a few months
By Howard Schneider ASHEVILLE, N.C. (Reuters) - It may take a few months more for the U.S. job market to recover enough that the Federal Reserve can reduce its crisis-era support for the economy, acco...
Syndicated Content Aug 11, 2021
Analysis-Peak OPEC? Climate-focused production shift to pile pressure on pact
By Alex Lawler LONDON (Reuters) - Moves to mitigate climate change are drawing peak oil demand closer, current and former OPEC officials told Reuters, potentially giving OPEC's biggest players and the...
Syndicated Content Aug 11, 2021
Update: Peoria fire victim identified
PEORIA, Ill. — An early morning house fire in Peoria has left a man dead. The fire broke out just before 5 a.m. Wednesday in the 5000 block of Endres. Fire Battalion Chief Michael Hughes said a ...
Julia Bradley Aug 11, 2021
NY Fed’s Logan says new repo facilities should boost confidence in money markets
(Reuters) - A major lesson from the global financial crisis and from the financial shock caused by the coronavirus pandemic is that central banks should maintain the tools needed to quickly address ma...
Syndicated Content Aug 11, 2021

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