Category Archives:
Fed’s Barr says agency eyeing tougher rules on banks over $100 billion in assets
WASHINGTON (Reuters) - The Federal Reserve is eyeing stricter rules on banks over $100 billion in assets in the wake of several bank failures, its top regulatory official told Congress on Tuesday. Fed...
May 16, 2023
US charges former Apple engineer with attempt to steal self-driving car tech
WASHINGTON (Reuters) - The U.S. Justice Department said on Tuesday that it had charged a former Apple Inc engineer with attempting to steal the firm's technology related to autonomous systems, includi...
May 16, 2023
Salman Rushdie warns of threat to freedom of expression in West
By Farouq Suleiman LONDON (Reuters) - Novelist Salman Rushdie has warned that countries in the West face the most severe threats to freedom of expression and freedom to publish in his lifetime, speaki...
May 16, 2023
US lawmakers blast former Silicon Valley Bank CEO for greed, mismanagement
NEW YORK (Reuters) - U.S. lawmakers lambasted former banking executives from the collapsed Silicon Valley and Signature banks at the start of a Senate hearing on Tuesday examining the failures of the ...
May 16, 2023
FTC Commissioners yet to meet on Amgen-Horizon deal – CNBC
(Reuters) - Commissioners at the U.S. Federal Trade Commission (FTC) have not yet met to discuss Amgen's acquisition of Horizon Therapeutics, CNBC reported on Tuesday. The news comes a day after repor...
May 16, 2023
U.S. business inventories fall in March
WASHINGTON (Reuters) - U.S. business inventories unexpectedly fell in March, pulled down by a decline in stocks at manufacturers. Business inventories dipped 0.1% after being unchanged in February, th...
May 16, 2023
Property insurer SageSure turns ‘unicorn’ after $250 million funding round – source
By Jaiveer Shekhawat (Reuters) - SageSure became a "unicorn" after the U.S. property insurer raised $250 million in its latest funding round, a source familiar with the matter told Reuters. A unicorn ...
May 16, 2023
Mixing old and new, Gucci hosts show in 14th century Seoul palace
By Ju-min Park SEOUL (Reuters) - With sparkling lights and beating drums, Italian luxury label Gucci took over a 14th century Seoul Palace on Tuesday to showcase its cruise collection, blending Korean...
May 16, 2023
US manufacturing production surges in April on motor vehicles
WASHINGTON (Reuters) - Production at U.S. factories surged in April, driven by an increase in output at motor vehicle plants, but manufacturing continues to be constrained by higher interest rates. Ma...
May 16, 2023
UK nanotech firm Nanosynth proposes to enter voluntary liquidation
(Reuters) - Nanosynth Group said on Tuesday it has proposed to enter into creditors' voluntary liquidation, after an unsuccessful attempt to procure necessary funding. The company had flagged the lack...
May 16, 2023
Peoria, IL, USA
70 °F Partly cloudy
