Category Archives:
SEC charges UBS, JPMorgan, TradeStation over deficiencies in prevention of customer identity theft
WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission on Wednesday charged banking firms JPMorgan and UBS and online broker TradeStation over deficiencies relating to the prevention of cu...
Jul 27, 2022
US is not in recession or pre-recession – White House
WASHINGTON (Reuters) - The United States is not currently in a recession or in a "pre-recession," the White House said on Wednesday as the Federal Reserve Board raised interest rates to try to fight i...
Jul 27, 2022
Santander Chile CEO to step down in August
MEXICO CITY (Reuters) - Santander's Chile chief executive, Miguel Mata Huerta, will step down on August 1, the banking unit said in a filing Wednesday to the Chilean stock market. Roman Blanco Reinosa...
Jul 27, 2022
Nigeria’s Senate to summon central bank chief over naira’s fall
ABUJA (Reuters) - Nigeria's Senate passed a motion on Wednesday to summon Central Bank Governor Godwin Emefiele over the "free fall of the naira" and called on the central bank to urgently intervene. ...
Jul 27, 2022
Best Buy forecasts bigger sales drop as inflation dents demand
(Reuters) -Best Buy on Wednesday forecast a bigger drop in annual sales then previously estimated, in another sign that consumers are feeling the pressure of decades-high inflation and curbing spendin...
Jul 27, 2022
Ford sticks with full-year profit despite surging costs
DETROIT (Reuters) -Ford Motor Co on Wednesday reported better than expected second-quarter profit and reaffirmed its profit outlook for the year, but said management is "actively looking" at how to of...
Jul 27, 2022
‘Leave It to Beaver’ co-star Tony Dow dead at 77, a day after premature announcement
By Tyler Clifford (Reuters) - Actor Tony Dow, best known for his role as Wally Cleaver in the 1950s American TV sitcom "Leave It to Beaver," died Wednesday at age 77, his family and management team sa...
Jul 27, 2022
U.S. offer to gain release of Griner, Whelan made to Russia weeks ago -official
WASHINGTON (Reuters) - A U.S. offer to Russia to gain the release of two Americans detained by Moscow, Brittney Griner and Paul Whelan, was made weeks ago and the White House is hoping Russia will rea...
Jul 27, 2022
Facebook-parent Meta forecasts revenue below estimates
(Reuters) - Meta Platforms Inc on Wednesday forecast current quarter revenue below estimates after the Facebook-parent recorded its first ever quarterly drop in revenue, amid a general weakness in the...
Jul 27, 2022
Rivian laying off 6% of its staff
(Reuters) - EV-maker Rivian Automotive Inc said on Wednesday it was laying off 6% of its staff as part of a restructuring plan. (Reporting by Yuvraj Malik in Bengaluru; Editing by Anil D'Silva)
Jul 27, 2022
Peoria, IL, USA
44 °F Overcast
