Category Archives:
Biden vetoes bill to overturn heavy-duty truck pollution cuts
WASHINGTON (Reuters) - U.S. President Joe Biden on Wednesday vetoed a measure approved by Congress that seeks to overturn Environmental Protection Agency (EPA) rules aimed at drastically cutting smog-...
Jun 14, 2023
Target’s move to pull some Pride merchandise is ‘wrong’, New York AG says
(Reuters) - Target's move to pull some LGBTQ-themed merchandise from stores following customer backlash "is wrong," New York Attorney General Letitia James said in a tweet on Tuesday and urged the ret...
Jun 14, 2023
Former SoftBank chief launches fund focused on LatAm startups
MEXICO CITY (Reuters) - The former chief executive of SoftBank Group International, Marcelo Claure, on Wednesday launched a fund focused on Latin America with initial commitments of around $440 millio...
Jun 14, 2023
China Kunlun Tech subsidiary set for AI firm stake buy, $400 million capital boost
(Reuters) - Kunlun Tech is planning a $400 million capital boost for a subsidiary expected to buy a stake in an artificial intelligence firm via a share issue, as Chinese tech firms ramp up efforts to...
Jun 14, 2023
Canada’s Bell to cut 1,300 jobs, close six radio stations
(Reuters) -Canada's Bell, a unit of BCE Inc, said on Wednesday it would cut 1,300 jobs and close six radio stations in a bid to rein in costs. Most of the layoffs would affect management and the compa...
Jun 14, 2023
BlackRock CEO Fink says he does not plan to leave the firm ‘any time soon’
By Carolina Mandl and Davide Barbuscia NEW YORK (Reuters) - BlackRock Inc chairman and Chief Executive Officer Larry Fink said on Wednesday he is not planning to leave the world's biggest asset manage...
Jun 14, 2023
CFPB ‘open banking’ proposal due in October: official
(Reuters) - The Consumer Financial Protection Bureau, the top U.S. agency supervising the retail financial services sector, is due to propose in October a long-awaited rule on consumers' control of th...
Jun 14, 2023
US banks have strengthened liquidity after spring turmoil but must remain vigilant -regulator
By Pete Schroeder WASHINGTON (Reuters) - A top U.S. bank regulator said on Wednesday that while banks have strengthened their liquidity after the spring banking crisis, firms must remain on guard for ...
Jun 14, 2023
Vodafone CEO secures early win, but long road ahead on the deal front
By Paul Sandle and Muvija M LONDON (Reuters) - Vodafone boss Margherita Della Valle has bagged her first win with a merger deal in Britain, but the time it took to get there and the tortuous road ahea...
Jun 14, 2023
Charles Schwab forecasts up to 11% drop in second-quarter revenue
(Reuters) - Brokerage Charles Schwab said on Wednesday it expects a 10% to 11% drop in its second-quarter revenue due to a contraction in net interest margins and softer trading activity. The company ...
Jun 14, 2023
Peoria, IL, USA
45 °F Overcast
