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FDIC sees merits of increasing backstop for business accounts
By Hannah Lang and Ann Saphir WASHINGTON (Reuters) - A key U.S. banking regulator on Monday laid out a range of options for reforming the federal deposit insurance system and concluded that significan...
Syndicated Content May 01, 2023
Fifth Third Bancorp bid for First Republic before sale to JPMorgan -sources
By Anirban Sen and David French NEW YORK (Reuters) - Fifth Third Bancorp was one the banks that submitted final bids for First Republic Bank on Sunday before it was sold to JPMorgan Chase & Co, people...
Syndicated Content May 01, 2023
ACLU sues Montana House Speaker for silencing transgender legislator
(Reuters) - The American Civil Liberties Union (ACLU) sued Montana and its Republican House Speaker on Monday, accusing them of violating a Democratic transgender legislator's First Amendment rights b...
Syndicated Content May 01, 2023
White House to study employer tools that monitor workers
WASHINGTON (Reuters) - The Biden administration plans to study companies' use of technology to monitor and manage workers, which it said on Monday is becoming increasingly common and can cause "seriou...
Syndicated Content May 01, 2023
House speaker says Biden should invite Israeli PM to White House
By Emily Rose JERUSALEM (Reuters) - U.S. House of Representatives Speaker Kevin McCarthy said on Monday Israeli Prime Minister Benjamin Netanyahu should be invited to the White House for an official v...
Syndicated Content May 01, 2023
ON Semi jumps after results while Nvidia hits 13 month high
(Reuters) - ON Semiconductor's shares jumped 7% on Monday after the chipmaker's quarterly guidance beat Wall Street's expectations, spurring other chip stocks with heavyweight Nvidia hitting its highe...
Syndicated Content May 01, 2023
Factbox-U.S. debt ceiling standoff: Platinum coins, the 14th Amendment could be paths out
WASHINGTON (Reuters) - With Democratic President Joe Biden and Republican House of Representatives Speaker Kevin McCarthy locked in a standoff over raising the United States' $31.4 trillion debt ceili...
Syndicated Content May 01, 2023
Environmentalists sue FAA over SpaceX launch license for Texas
By Steve Gorman , (Reuters) - Conservation groups sued the Federal Aviation Administration on Monday, challenging its approval of expanded rocket launch operations by Elon Musk's SpaceX next to a nati...
Syndicated Content May 01, 2023
Biden says First Republic depositors protected, calls for stronger bank regulation
WASHINGTON (Reuters) - U.S. President Joe Biden on Monday hailed moves by U.S. regulators to facilitate the sale of First Republic Bank, protect all its depositors and ensure that U.S. taxpayers are n...
Syndicated Content May 01, 2023
Biden urges Republicans take debt default off table
WASHINGTON (Reuters) - U.S. President Joe Biden on Monday urged House of Representatives Speaker Kevin McCarthy to take the potential for a debt default off the table, saying the United States is "not...
Syndicated Content May 01, 2023
Peoria, IL, USA
47 °F Mist
