Category Archives:
FDIC to consider bank size in applying ‘special assessment fee’
(Reuters) - The U.S. Federal Deposit Insurance Corporation (FDIC) will take the plight of community banks into account when charging financial institutions a "special assessment fee" to cover recent l...
Mar 29, 2023
Democratic US Senator Fetterman to return to Senate in mid-April -source
By Kanishka Singh WASHINGTON (Reuters) -Democratic U.S. Senator John Fetterman plans to return to the Senate the week of April 17 after a weeks-long treatment for depression, a source familiar with th...
Mar 29, 2023
Electronic Arts lays off 6% of workforce in cost-cutting push
(Reuters) -Videogame publisher Electronic Arts said on Wednesday it will lay off about 6% of its workforce and reduce office space, joining a host of U.S. companies that have trimmed costs to cope wit...
Mar 29, 2023
FCC proposes new rules to reassess foreign-owned U.S. telecom services authority
WASHINGTON (Reuters) - The head of the Federal Communications Commission (FCC) on Wednesday proposed new rules to periodically reassess existing authorizations for foreign-owned companies to provide t...
Mar 29, 2023
BoE’s Mann: Falling headline inflation, high core, make policy difficult
WASHINGTON (Reuters) - Falling energy prices will lower headline inflation towards the Bank of England's 2% target, but persistent underlying inflation will make it hard for the Bank of England to set...
Mar 29, 2023
U.S. prosecutors move to drop Libor case against ex-SocGen bankers
By Jody Godoy (Reuters) - U.S. criminal charges should be dropped against two former Societe Generale SA bankers for allegedly trying to rig the London interbank offered rate, prosecutors told a New Y...
Mar 29, 2023
Perenco UK says 60% of oil spill in southern England recovered
(Reuters) - Anglo-French oil company Perenco's UK unit said on Wednesday it had recovered about 60% of the estimated oil leaked on Sunday at one of its well sites in Wytch Farm in Dorset, southern Eng...
Mar 29, 2023
Twitter blocks Pakistan govt’s account for viewing in India – notice
(Reuters) - Twitter has blocked the Pakistan government's account from being viewed in India in response to a legal demand, according to a notice on the social media platform on Thursday. The company'...
Mar 29, 2023
New Mexico district attorney names new ‘Rust’ special prosecutors
By Andrew Hay (Reuters) -The New Mexico district attorney overseeing the case in which a cinematographer was fatally shot on the "Rust" movie set on Wednesday named two new special prosecutors and sai...
Mar 29, 2023
S&P sees corp high-yield default rate doubling by year end
(Reuters) - S&P Global Ratings Credit Research & Insights said on Wednesday that it expects the U.S. trailing 12-month speculative-grade corporate default rate to reach 4% by December, more than doubl...
Mar 29, 2023
Peoria, IL, USA
42 °F Overcast
