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Exclusive-JPMorgan to close 21 First Republic Bank branches
By Nupur Anand NEW YORK (Reuters) - JPMorgan Chase & Co will shut 21 branches of First Republic Bank by the end of the year as it integrates the failed lender into its operations, a JPMorgan spokesper...
Syndicated Content Jun 01, 2023
U.S. first-quarter productivity revised up; labor costs growth lowered
WASHINGTON (Reuters) - U.S. worker productivity slumped in the first quarter, though not as sharp as initially thought, according to government data on Thursday, which also showed sharp downward revis...
Syndicated Content Jun 01, 2023
Medicare to broaden coverage for new Alzheimer’s drugs after full approval
(Reuters) - The U.S. Medicare health plan will broaden coverage for new Alzheimer's drugs such as Eisai Co Ltd and Biogen Inc's Leqembi if they gain full U.S. approval, a federal agency said on Thursd...
Syndicated Content Jun 01, 2023
Russia to hold rates next week, 2023 GDP growth seen improving – Reuters poll
By Alexander Marrow and Elena Fabrichnaya (Reuters) - Russia will hold its key lending rate at 7.5% next week, a Reuters poll showed on Thursday, with persistent inflation risks seen preventing the ce...
Syndicated Content Jun 01, 2023
US agency steps up safety probe into air bag ruptures
By David Shepardson WASHINGTON (Reuters) -U.S. auto safety regulators have stepped up a long-running investigation into potentially defective air bag inflators that can cause metal fragments to strike...
Syndicated Content Jun 01, 2023
KKR India moves Kumar to Singapore to lead Southeast Asia PE -sources
By M. Sriram and Yantoultra Ngui MUMBAI/SINGAPORE (Reuters) - KKR & Co is moving a managing director from India to Singapore to lead the firm's Southeast Asia private equity business, two familiar wit...
Syndicated Content Jun 01, 2023
ECB’s Villeroy: upcoming rate hikes will be marginal
PARIS (Reuters) - Upcoming interest rate hikes will be marginal, said European Central Bank (ECB) member and Bank of France governor Francois Villeroy de Galhau, who added that rate hikes were beginni...
Syndicated Content Jun 01, 2023
U.S. weekly jobless claims rise modestly; layoffs increase in May
WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits increased modestly last week, suggesting the labor market remains tight despite growing fears of a recession ...
Syndicated Content Jun 01, 2023
U.S. private payrolls beat expectations in May-ADP
WASHINGTON (Reuters) - U.S. private payrolls increased more than expected in May, suggesting that the labor market was slowing only gradually, which could result in the Federal Reserve keeping interes...
Syndicated Content Jun 01, 2023
Nvidia runaway winner in market cap addition in May
(Reuters) - Nvidia Corp's market capitalisation jumped the most in May among the top 20 global companies by market value, adding $248 billion, with a majority of the gains coming in the last four sess...
Syndicated Content Jun 01, 2023
Peoria, IL, USA
44 °F Mist
