Category Archives:
Blackstone, Apollo were among bidders for SVB’s assets
(Reuters) - Blackstone Inc, Apollo Global Management were among the bidders for some assets of bankrupt Silicon Valley Bank, the Federal Deposit Insurance Corporation (FDIC) said on Wednesday. PNC Fin...
Syndicated Content May 10, 2023
Intel, Boston Consulting Group team to sell AI to corporate customers
By Stephen Nellis (Reuters) - Intel Corp and Boston Consulting Group on Wednesday said they are working together to sell generative artificial intelligence tools to big businesses. Generative AI is th...
Syndicated Content May 10, 2023
Occidental to favor buybacks over funding direct air capture plants
By Sabrina Valle HOUSTON (Reuters) -Occidental Petroleum Corp on Wednesday said it will distribute any excess cash from high oil prices to shareholders instead of funding direct air capture (DAC) plan...
Syndicated Content May 10, 2023
US oil lobby blasts EPA emissions cuts plan, California likes it
By David Shepardson WASHINGTON (Reuters) - The largest U.S. oil and gas trade lobby group said on Wednesday it believes sharp emissions cuts proposed by the U.S. Environmental Protection Agency (EPA) ...
Syndicated Content May 10, 2023
Debt ceiling battle delays sweeping annual defense policy bill
By Patricia Zengerle WASHINGTON (Reuters) - U.S. congressional leaders on Wednesday put off debate on the National Defense Authorization Act, or NDAA, an annual bill setting policy for the Pentagon, a...
Syndicated Content May 10, 2023

Protests planned for DeSantis Peoria visit; local GOP OK with that
PEORIA, Ill. – A group of Peoria organizations are planning on peacefully protesting the visit to town of Florida Governor Ron DeSantis…speaking at the annual Peoria-Tazewell Lincoln Day d...
Will Stevenson May 10, 2023
Robinhood jumps in extended trade after rev beat, 24-hour trading announcement
By Stephen Culp NEW YORK (Reuters) - Shares of Robinhood Markets Inc were last up 2.4% in extended trading after the company beat quarterly revenue forecasts and confirmed it would launch 24-hour trad...
Syndicated Content May 10, 2023
Bittrex approved to borrow $7 million bankruptcy loan in bitcoin
By Dietrich Knauth (Reuters) - Bankrupt cryptocurrency exchange Bittrex Inc received court permission Wednesday to borrow $7 million in bitcoin to fund the start of its Chapter 11 case. Seattle-based ...
Syndicated Content May 10, 2023
Nutrien misses quarterly profit estimates
(Reuters) - Fertilizer maker Nutrien Ltd on Wednesday reported a lower-than-expected profit in the first quarter due to a fall in sales as farmers delayed purchases due to high prices. On an adjusted ...
Syndicated Content May 10, 2023
Marketmind: Seeking signs of life in Chinese inflation
By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever. Wall Street and world markets cheered below-consensus U.S. inflation on Wednesday, but they may not be so ac...
Syndicated Content May 10, 2023
Peoria, IL, USA
42 °F Partly cloudy
