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By Pete Schroeder (Reuters) -Around 113 of the country's largest lenders will bear the cost of replenishing the $16 billion hit to the U.S. Federal Deposit Insurance Corporation's (FDIC) deposit insur...

(Reuters) - Elliott Investment Management L.P. on Thursday sent a letter to Goodyear Rubber & Tire Co recommending five directors for appointment to its board, sending the tire maker's shares up 16.2%...

MILAN (Reuters) - The head of Telecom Italia (TIM) said the company's service business is "already sustainable" as a standalone entity and is expected to generate strong core profit this year. Chief E...

WASHINGTON (Reuters) - U.S. producer prices rebounded modestly in April, leading to the smallest annual increase in producer inflation in more than two years, further evidence that inflation pressures...

(Reuters) - Peloton Interactive Inc has recalled two million exercise bikes due to possible breakage of the seat post during use that could lead to injuries, the U.S. Consumer Product Safety Commissio...

SAN FRANCISCO (Reuters) - A jump in jobless claims reported Thursday wiped out any lingering trader expectations that the Federal Reserve will raise interest rates again in June and fueled expectation...

(Reuters) - Sonos Inc was set to shed more than a fifth of its market valuation on Thursday after a revenue forecast cut fueled worries that consumers were dialing down purchases of its premium speake...

BERLIN (Reuters) - Volkswagen software unit Cariad will likely bring its next generation 2.0 platform to market towards 2027 or 2028, its chief financial officer said at a Financial Times conference o...

NEW YORK (Reuters) - JPMorgan Chase & CO CEO Jamie Dimon said on Thursday bank staff are meeting weekly to discuss the potential implications for clients, contracts and markets of a potential U.S. def...

SPRINGFIELD, Ill. — Gov. J-B Pritkzer says the state is looking for more federal assistance with the influx of asylum-seeking migrants being sent to Illinois. Pritzker says the busing of migrant...