Category Archives:
Yellen expects US regulators to be open to mergers among midsize banks
By Andrea Shalal NIIGATA, Japan (Reuters) - The current banking environment and pressures on earnings of some U.S. regional banks may lead to some concentration in the sector, and regulators will like...
May 12, 2023
G7 plans new vaccine program for developing nations -Yomiuri
TOKYO (Reuters) - The Group of Seven (G7) rich nations is set to agree on establishing a new program to distribute vaccines to developing countries at next week's summit of leaders, Japan's Yomiuri ne...
May 12, 2023
G7 finance chiefs to warn of global uncertainty as US debt crisis looms
By Christian Kraemer and Leika Kihara NIIGATA, Japan (Reuters) - Finance leaders of the Group of Seven (G7) rich nations are expected to warn of more global economic uncertainty as they wrap up a thre...
May 12, 2023
John Lodge of the Moody Blues
May 12, 2023
China’s Oppo to shut down chip design unit as smartphone sales slump
SHANGHAI (Reuters) - Chinese smartphone maker Oppo said it will shut down its chip design unit, citing uncertainties in the global economy and the smartphone industry. The company, one of China's best...
May 12, 2023
Fed’s Jefferson: inflation ‘insidious,’ need to bring it down
PALO ALTO, Calif. - Federal Reserve Governor Philip Jefferson said on Friday he is just as serious about the central bank's goal of full employment as about its mandate for stable prices, but emphasiz...
May 12, 2023
Uncertainty clouds US transition at Mexico border as new rules take effect
By Daina Beth Solomon and Julio-Cesar Chavez CIUDAD JUAREZ, Mexico/EL PASO, Texas (Reuters) - The Biden administration began implementing a sweeping policy shift at the U.S.-Mexico border on Friday as...
May 12, 2023
Stellantis, LGES implementing ‘contingency plans’ for battery plant in Canada
OTTAWA (Reuters) - Automaker Stellantis and South Korea's LG Energy Solution (LGES) are implementing "contingency plans" related to a more-than C$5 billion battery plant investment plan in Canada beca...
May 12, 2023
Fed’s Bullard: disinflation prospects ‘good’ but not guaranteed
PALO ALTO, Calif. (Reuters) - St. Louis Federal Reserve Bank President James Bullard, an early and vocal supporter within the U.S. central bank of rapid interest-rate hikes to beat back soaring inflat...
May 12, 2023
Fed’s Jefferson, Biden’s vice chair pick, says Fed ‘on track’
PALO ALTO, Calif. (Reuters) - The Federal Reserve is "on track" to doing what is necessary to meet the two mandates Congress has given it, Fed Governor Philip Jefferson said on Friday: bring inflation...
May 12, 2023
Peoria, IL, USA
67 °F Overcast
