Category Archives:
Wall Street investment banking slammed, as execs hope for more confidence ahead
By Saeed Azhar, Carolina Mandl and Megan Davies NEW YORK (Reuters) - Wall Street banks showed deep falls in their investment banking businesses in the fourth quarter, prompting thousands of job cuts, ...
Jan 17, 2023
White House: Will respond in ‘good faith’ to House Oversight inquiries over Biden classified docs
WASHINGTON (Reuters) - The White House on Tuesday said it will respond in "good faith" to inquiries from the House Oversight Committee over the improper storage of classified documents in President Jo...
Jan 17, 2023
French city asks Madonna to lend it a painting lost in 1918
By Marine Strauss BRUSSELS (Reuters) - The mayor of Amiens, northern France, has asked Madonna to lend the city a 19th-century painting lost during World War One which it believes may be have been bou...
Jan 17, 2023
Amazon will not cut jobs in Italy, unions say after meeting
MILAN (Reuters) - Amazon does not plan to cut any jobs in Italy despite a drop in volumes last year, trade unions said on Tuesday after a video meeting with a company representative. Amazon.com Inc sa...
Jan 17, 2023
KKR to buy S&P Global’s engineering solutions unit for $975 million
(Reuters) - Private equity giant KKR & Co will buy S&P Global's engineering solutions business for $975 million, the financial services provider said on Tuesday. The move comes months after S&P said i...
Jan 17, 2023
J. Crew brand launches resale program, to offer vintage styles
(Reuters) - J. Crew Group said on Tuesday it has launched a new resale program exclusive to its eponymous brand, which will offer vintage and used styles online and in select J. Crew stores. Under the...
Jan 17, 2023
NY Fed finds relatively benign factors drive recent discount window borrowing rise
By Michael S. Derby NEW YORK (Reuters) - A recent uptick in borrowing at a central bank facility that has historically provided emergency credit is likely tied to small bank liquidity management, a re...
Jan 17, 2023
India’s Maharashtra enters $2.5 billion partnership for EV battery-swapping stations
(Reuters) - India's Maharashtra has entered a $2.5 billion partnership with Taiwan's Gogoro Inc and a local automotive systems supplier to build electric vehicle (EV) battery-swapping and charging sta...
Jan 17, 2023
White House ask House Republicans to “come clean” on McCarthy deals
WASHINGTON (Reuters) - The White House asked House Republicans on Tuesday to reveal details of concessions made by Representative Kevin McCarthy to far-right fellow Republicans in exchange for their s...
Jan 17, 2023
Davos 2023: Gogoro, Belrise to invest $2.5 billion in battery swapping network in Indian state
By Brenda Goh DAVOS, Switzerland (Reuters) - India's Maharashtra state on Tuesday signed a deal with Taiwan's Gogoro and automotive system maker Belrise Industries under which the two firms will inves...
Jan 17, 2023
Peoria, IL, USA
70 °F Partly cloudy
