Category Archives:
U.S. bank stocks falter as recession worries take hold
By Lewis Krauskopf (Reuters) - Shares of U.S. banks are taking a beating in December, as worries over an expected recession and weakening profit margins dull the industry's appeal. The S&P 500 banks i...
Dec 16, 2022
Fed’s Mester sees rates rising more than most policy makers have forecast
By Michael S. Derby (Reuters) - Cleveland Federal Reserve bank President Loretta Mester said on Friday that she believes the U.S. central bank will have to raise interest rates higher than the level m...
Dec 16, 2022
Regulators find deficiencies in Credit Suisse resolution plan, shortcomings in BNP Paribas plan
(Reuters) - The U.S. Federal Reserve and the Federal Deposit Insurance Corp identified two deficiencies in Credit Suisse's so-called "living will" that details how the firm would be unwound in the eve...
Dec 16, 2022
State: New COVID-19 cases on the way up
SPRINGFIELD, Ill. – The number of new COVID-19 cases in Illinois is once again higher than the week before. The Illinois Department of Public Health says 23,334 cases were added to the rolls in ...
Dec 16, 2022
British Airways, Virgin Atlantic limit ticket sales to Heathrow due to strikes
LONDON (Reuters) - British Airways and Virgin Atlantic will limit ticket sales for flights to London's Heathrow Airport during planned strikes by border agents over Christmas and New Year's Eve to red...
Dec 16, 2022
Reaction to arrest of businessman for Deceptive Practices
PEORIA, Ill. – At least one of the people allegedly swindled by the now former owner of Murray Custom Cabinetry says he’s breathing a sigh of relief now that the man’s been arrested ...
Dec 16, 2022
U.S. FDA approves Ferring Pharma’s first gene therapy for bladder cancer
(Reuters) - The U.S. Food and Drug Administration on Friday approved Swiss drugmaker Ferring Pharmaceuticals' first gene therapy for treating patients with a type of bladder cancer. The therapy , Adst...
Dec 16, 2022
U.S. House Jan. 6 committee preparing to vote on recommending least 3 criminal charges against Trump -report
WASHINGTON (Reuters) - The U.S. House of Representatives committee investigating the Jan. 6, 2021, Capitol attack is preparing to vote on urging the Justice Department to pursue at least three crimina...
Dec 16, 2022
Mexico, U.S. to hold videoconference in early Jan. on Mexico aviation rating
MEXICO CITY (Reuters) - Mexican aviation authorities have proposed to hold a videoconference with the United States' Federal Aviation Administration (FAA) in early January to review progress on Mexico...
Dec 16, 2022
U.S. extends tariff exclusions on 352 Chinese import categories for nine months
WASHINGTON (Reuters) - The U.S. Trade Representative's office said on Friday it is extending China "Section 301" tariff exclusions for another nine months on 352 Chinese import product categories that...
Dec 16, 2022
Peoria, IL, USA
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