Category Archives:
Western Alliance latest US bank to explore sale – FT
(Reuters) - Western Alliance is exploring strategic options including a potential sale of all or part of its business, the Financial Times reported on Thursday citing two people briefed on the matter....
May 04, 2023
Canada’s Ivey PMI shows activity expanding at slower pace in April
TORONTO (Reuters) - Canadian economic activity expanded at a slower pace in April as growth in employment slipped and inventories declined, Ivey Purchasing Managers Index (PMI) data showed on Thursday...
May 04, 2023
Central banks stick to rate hikes with eye on market turmoil
LONDON (Reuters) - The U.S. Federal Reserve is close to the end of its interest rate hiking cycle, while the European Central Bank on Thursday slowed the pace of its aggressive tightening. Turmoil in ...
May 04, 2023
Cash-strapped Lordstown may stop Endurance truck production
(Reuters) - Lordstown Motors reported a steep fall in its cash reserves on Thursday and said it might have to stop making its Endurance electric pickup truck in the near future unless it finds a partn...
May 04, 2023
J&J’s Kenvue eyes $47 billion valuation in biggest US IPO since 2021
(Reuters) - Johnson & Johnson's consumer health unit Kenvue Inc was set to fetch a valuation of about $47 billion on Thursday, in what would be the biggest U.S. initial public offering since late 2021...
May 04, 2023
Senator Elizabeth Warren seeks information from First Republic’s former CEO – WSJ
(Reuters) - U.S. Senator Elizabeth Warren has written to Michael Roffler, the former chief executive of failed First Republic Bank asking for more information on his and other executives' pay, the Wal...
May 04, 2023
Trump lawyers, prosecutors in court to argue over whether he can discuss evidence in hush money case
By Karen Freifeld (Reuters) - Lawyers for Donald Trump will square off with prosecutors in a New York courtroom on Thursday over whether the former president should be restricted from discussing evide...
May 04, 2023
Argentina seeks US, Brazil support for faster IMF payouts – gov’t sources
By Bernardo Caram and Nicols Misculin BRASILIA/BUENOS AIRES (Reuters) - Argentina is seeking new easing of targets in its $44 billion deal with the International Monetary Fund and faster payouts, and ...
May 04, 2023
US trade deficit narrows sharply in March as exports rise
WASHINGTON (Reuters) - The U.S. trade deficit narrowed sharply in March as exports increased, which could position trade to continue contributing to economic growth in the second quarter. The trade de...
May 04, 2023
Pro-Trump group powers surge in early US super PAC spending
By Jason Lange and Nathan Layne WASHINGTON (Reuters) - A group allied with Donald Trump's bid for the 2024 Republican nomination is setting records for outside political spending early in a U.S. presi...
May 04, 2023
Peoria, IL, USA
54 °F Sunny
