Category Archives:
Factbox-How big U.S. banks are managing bad loan reserves
(Reuters) - U.S. banking heavyweights set aside billions of dollars in the first quarter to account for potential bad loans, as rising interest rates turn up the heat on borrowers who are just startin...
Apr 17, 2023
VW, Rivian, Nissan, BMW lose access to U.S. EV tax credits
By David Shepardson (Reuters) - The U.S. Treasury said Monday that Volkswagen, BMW, Nissan, Rivian, Hyundai and Volvo electric vehicles will lose access to a $7,500 tax credit under new battery sourci...
Apr 17, 2023
Merck to take $10.3 billion R&D charge for Prometheus deal this year
(Reuters) - Merck & Co expects a research-and-development charge of about $10.3 billion, or $4 per share, this year as the drugmaker accounts its deal for Prometheus Biosciences Inc as an asset acquis...
Apr 17, 2023
Republican congressman urges judge to let probe into Trump case proceed
NEW YORK (Reuters) - Republican U.S. Representative Jim Jordan on Monday urged a court to let his probe into the criminal prosecution of former U.S. President Donald Trump proceed, arguing its subpoen...
Apr 17, 2023
US homebuilder sentiment improves for fourth straight month -NAHB
WASHINGTON (Reuters) - Confidence among U.S. single-family homebuilders improved for a fourth straight month in April as a dearth of previously owned homes and falling mortgage rates boost demand for ...
Apr 17, 2023
U.S. Supreme Court turns away GM bid to revive racketeering suit against Fiat Chrysler
By John Kruzel WASHINGTON (Reuters) -The U.S. Supreme Court on Monday declined to hear a bid by General Motors Co to revive its racketeering lawsuit against rival automaker Fiat Chrysler Automobiles (...
Apr 17, 2023
US Supreme Court spurns Sanofi appeal to revive EpiPen suit against Viatris
By John Kruzel WASHINGTON (Reuters) -The U.S. Supreme Court on Monday declined to hear a bid by Sanofi SA to revive its antitrust lawsuit accusing rival pharmaceutical company Viatris Inc of illegally...
Apr 17, 2023
U.S. Supreme Court turns away suit by Texas inmate held 27 years in solitary confinement
By John Kruzel WASHINGTON (Reuters) -The U.S. Supreme Court on Monday declined to hear an appeal from a Texas inmate convicted of robbery who argues that the 27 years he was forced by prison officials...
Apr 17, 2023
Five still critical after Alabama birthday party shooting -hospital
By Brendan O'Brien (Reuters) - Five people wounded in a late-night shooting at a teenage birthday celebration in rural Alabama remained in a critical condition early on Monday, hospital authorities sa...
Apr 17, 2023
U.S. reporter Gershkovich to appeal against arrest and detention in Russian jail
MOSCOW (Reuters) - Wall Street Journal reporter Evan Gershkovich will appeal on Tuesday against his arrest and detention in Moscow's most notorious former KGB prison on charges of espionage, according...
Apr 17, 2023
Peoria, IL, USA
46 °F Overcast
