Category Archives:
ECB’s Centeno says interest rates near peak, could ease in 2024
LISBON (Reuters) - The European Central Bank's key interest rate is approaching its peak, but further "adjustments" are still necessary, ECB Governing Council member Mario Centeno said on Wednesday, e...
May 10, 2023
White House reiterates support for energy permitting reform amid debt ceiling talks
WASHINGTON (Reuters) - The White House reiterated on Wednesday that it supports energy permitting legislation as President Joe Biden and congressional Republicans try to end a standoff on the debt cei...
May 10, 2023
Stablecoin Tether’s reserves hit $81.8 billion in Q1 – reserves report
LONDON (Reuters) - Stablecoin Tether's reserves were worth $81.8 billion at the end of the first quarter, according to a reserves attestation on Wednesday, up around $14.8 billion from the previous qu...
May 10, 2023
OpenAI CEO to testify in US Senate next week amid questions about technology
WASHINGTON (Reuters) - OpenAI CEO Sam Altman will testify before a Senate panel next week as the U.S. Congress grapples with how best to regulate artificial intelligence as the technology becomes more...
May 10, 2023
Italy’s Digital Value sees sales above 1 billion euros by 2025-adviser
MILAN (Reuters) - Italian digital services provider Digital Value expects to drive sales above 1 billion euros ($1.1 billion) by 2025 thanks to rising tech investments by businesses and the public adm...
May 10, 2023
US government credit default swaps hit all time high on debt ceiling impasse
By Davide Barbuscia NEW YORK (Reuters) - The cost of insuring exposure to U.S. government debt rose to fresh highs on Wednesday, as President Joe Biden and top lawmakers remained deadlocked in talks o...
May 10, 2023
Glass Lewis backs Icahn’s nominees for Illumina
(Reuters) - Proxy adviser Glass Lewis on Wednesday recommended Illumina Inc shareholders support two of Carl Icahn's nominees to the U.S. life sciences firm's board and vote against re-election of the...
May 10, 2023
US Senate committee approves rail safety bill after Ohio derailment
WASHINGTON (Reuters) - The U.S. Senate Commerce Committee on Wednesday approved sweeping bipartisan rail safety legislation prompted by a Norfolk Southern-operated train derailment on Feb. 3 in Ohio. ...
May 10, 2023
Ex-Tesla worker seeks third trial in race bias case after $3.2 million award
By Daniel Wiessner (Reuters) - A Black former Tesla Inc factory worker has accused the electric automaker's lawyers of "egregious misconduct" after a jury awarded him $3.2 million in a race bias case,...
May 10, 2023
First Citizens BancShares records $9.8 billion gain from Silicon Valley Bank purchase
(Reuters) - First Citizen BancShares Inc on Wednesday reported a gain of $9.82 billion in the first quarter from its acquisition of failed lender Silicon Valley Bank in March. The windfall helped driv...
May 10, 2023
Peoria, IL, USA
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