Category Archives:
California court rules drivers can be contractors in win for Uber, Lyft- WSJ
(Reuters) - A California court ruled on Monday that companies such as Uber and Lyft could keep their independent-contractor model for drivers in a boost for the ride-hailing services, the Wall Street ...
Mar 13, 2023
Australia consumer mood stuck in the doldrums in March
SYDNEY (Reuters) - Australian consumer sentiment stayed stuck at historically depressed levels in March amid concerns over inflation and interest rates, a survey showed on Tuesday, with the appetite f...
Mar 13, 2023
Venture capitalists weigh ‘long-shot plan’ to preserve parts of SVB -FT
(Reuters) - Venture capital firms are working on a "long-shot plan" to preserve parts of Silicon Valley Bank (SVB) in a move to keep servicing their clients in the technology sector, the Financial Tim...
Mar 13, 2023
Etsy, other e-commerce companies feel squeeze of SVB collapse
By Arriana McLymore and Doyinsola Oladipo NEW YORK (Reuters) - Etsy on Monday resumed payments to merchants with Silicon Valley Bank accounts after the e-commerce platform paused their payouts over th...
Mar 13, 2023
Analysis-Legal challenges could delay Alaska’s Willow oil project
By Clark Mindock and Timothy Gardner WASHINGTON (Reuters) - The oil industry on Monday cheered the U.S. government's greenlighting of ConocoPhillips' multibillion-dollar oil drilling project in Alaska...
Mar 13, 2023
Fitch downgrades and withdraws Signature Bank’s ratings
(Reuters) - Rating agency Fitch on Monday downgraded Signature Bank's long-term corporate ratings to 'D' from 'BBB+' after state regulators closed the New York-based bank on Sunday. Signature Bank's s...
Mar 13, 2023
Canada’s tech start ups face financing hurdles with SVB collapse
By Maiya Keidan and Divya Rajagopal TORONTO (Reuters) - Last week's sudden collapse of Silicon Valley Bank (SVB) could choke funding for Canada's technology start-ups and place them in the hands of do...
Mar 13, 2023
Texas judge sets hearing in case seeking to ban abortion pill nationwide
By Brendan Pierson (Reuters) - A hearing in a lawsuit by anti-abortion groups seeking to ban the abortion pill mifepristone nationwide will take place on Wednesday, with media groups pressing the judg...
Mar 13, 2023
UK’s Hunt sets out English ‘investment zones’ ahead of budget
MANCHESTER, England (Reuters) - Britain's finance minister Jeremy Hunt announced on Monday he would create 12 "investment zones" in England to spur the regional economy outside London, a scaled-back v...
Mar 13, 2023
Silicon Valley Bank collapse: What you need to know
(Reuters) - Bank stocks around the world plunged on Monday even as President Joe Biden vowed to ensure the safety of the U.S. banking system, after Silicon Valley Bank and Signature Bank collapsed. U....
Mar 13, 2023
Peoria, IL, USA
47 °F Mist
