Category Archives:
White House says U.S. banking system is safe
WASHINGTON (Reuters) - The White House said on Monday that the U.S. banking system is safe despite stress on some institutions after two American banks collapsed, ratcheting up fears of a contagion th...
Syndicated Content Mar 27, 2023
Newly fired Fox News producer seeks to recant testimony in $1.6 billion Dominion lawsuit
By Jonathan Stempel NEW YORK (Reuters) - A newly fired Fox News producer is seeking to recant testimony she said network lawyers coerced her into providing as Fox defends against Dominion Voting Syste...
Syndicated Content Mar 27, 2023
Companies pay up to $500,000 for sustainability ratings – report
LONDON (Reuters) - Companies are spending up to half a million dollars a year on a sustainability rating to meet investor demands for such data, yet are often dissatisfied with the results, new resear...
Syndicated Content Mar 27, 2023
Biden invokes Defense Production Act for printed circuit board production
WASHINGTON (Reuters) - U.S. President Joe Biden on Monday invoked the Defense Production Act to spend $50 million on domestic and Canadian production of printed circuit boards, citing the technology's...
Syndicated Content Mar 27, 2023
Explainer-What is the FDIC’s deposit insurance fund used to backstop failed banks?
By Hannah Lang (Reuters) - The Federal Deposit Insurance Corp (FDIC) and its flagship deposit insurance fund have been active since the Great Depression to provide an orderly resolution for failed ban...
Syndicated Content Mar 27, 2023
Factbox-First Citizens BancShares, buyer of flailing rivals
(Reuters) - First Citizens BancShares Inc, a regional bank that has built a reputation of buying troubled rivals, is in the spotlight after it agreed to buy failed Silicon Valley Bank. The deal comes ...
Syndicated Content Mar 27, 2023
Authorities identify arrested and victim in off-campus WIU shooting
MACOMB, Ill. – We’re learning more about the, so far, one person arrested after a weekend shooting near Western Illinois University in Macomb. Police say Donnell Williams, 23 of Macomb, is...
Will Stevenson Mar 27, 2023
U.S. brand management firm Bluestar Alliance buys Scotch & Soda label
AMSTERDAM (Reuters) - Bluestar Alliance, a U.S. brand management company, said on Monday it has acquired the Scotch & Soda clothing brand from its Dutch owner for an undisclosed sum. Scotch & Soda fil...
Syndicated Content Mar 27, 2023
US banking concerns shift from crisis to growth woes
By Saeed Azhar and Davide Barbuscia NEW YORK (Reuters) - After the collapse of two U.S. banks and record outflows from smaller lenders, the banking industry is shifting its concern from an immediate c...
Syndicated Content Mar 27, 2023
Factbox-Binance, world’s top crypto exchange, at the center of US investigations
By Tom Wilson LONDON (Reuters) - The world's biggest cryptocurrency exchange Binance and its CEO Changpeng Zhao have been sued by the U.S. Commodity Futures Trading Commission (CFTC) over regulatory v...
Syndicated Content Mar 27, 2023

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