Category Archives:
Activist Engaged Capital takes stake in debt collector PRA -sources
By David French NEW YORK (Reuters) - Engaged Capital has built a more than 5% stake in PRA Group and is pushing the debt collection company to improve its operations, cut costs and add new experience ...
Dec 13, 2023
US Supreme Court to weigh challenge to Jan. 6 obstruction charge
By John Kruzel WASHINGTON (Reuters) -The U.S. Supreme Court on Wednesday agreed to decide whether a defendant arrested in connection with the Jan. 6, 2021, attack on the Capitol can be charged with ob...
Dec 13, 2023
US Supreme Court to decide access to abortion pill in major case
By Andrew Chung (Reuters) - The U.S. Supreme Court, which in 2022 ended its recognition of a constitutional right to abortion, on Wednesday agreed to hear a bid by President Joe Biden's administration...
Dec 13, 2023
World Bank economist warns high interest rates will likely last longer
WASHINGTON (Reuters) - World Bank chief economist Indermit Gill on Wednesday said past experience showed that interest rates may stop going up, but they are unlikely to come down "anytime soon," which...
Dec 13, 2023
Italy looking to help debtors without roiling bad debt market
By Valentina Za and Giuseppe Fonte MILAN (Reuters) - Italy has reined in plans to help borrowers struggling with debt repayments and will focus only on very small business loans, a government document...
Dec 13, 2023
China’s GAC Group to set up investment fund of $4.18 billion
HONG KONG (Reuters) - China's GAC Group signed agreement on Wednesday with partners to set up an investment fund which aims to strengthen its business development in the new energy vehicle industry. T...
Dec 13, 2023
Biden to meet with relatives of Americans held hostage by Hamas
WASHINGTON (Reuters) - President Joe Biden planned to host family members of Americans held hostage by Hamas on Wednesday as Israel intensifies its military campaign in Gaza after a pause in fighting ...
Dec 13, 2023
Crypto, insurance-linked and trend hedge funds most popular – Preqin
By Nell Mackenzie LONDON (Reuters) - Trend-following and niche hedge funds that trade crypto currencies and insurance-linked assets attracted most new investor money in the first three quarters of 202...
Dec 13, 2023
Court rejects Donald Trump’s request for immunity in E. Jean Carroll’s defamation suit
NEW YORK (Reuters) - Former President Donald Trump cannot assert presidential immunity from a defamation lawsuit by writer E. Jean Carroll, who accused him of rape, a U.S. appeals court ruled on Wedne...
Dec 13, 2023
US bankruptcy wave may stretch into 2024, but pace could slow
By Bansari Mayur Kamdar (Reuters) - The retail sector could continue to lead U.S. bankruptcies next year due to sticky inflation and high interest rates, but analysts expect easing monetary policy to ...
Dec 13, 2023
Peoria, IL, USA
53 °F Mist
