U.S. Banking Behemoths Attract Flood Of Deposits After SVB Collapse -sources
By Saeed Azhar and Lananh Nguyen NEW YORK (Reuters) – U.S. consumers have flooded banking giants, including JPMorgan Chase &…
March 14, 2023
Signature Bank, Former CEO Are Sued By Shareholders For Fraud
By Jonathan Stempel NEW YORK (Reuters) – Signature Bank and three former top executives were sued on Tuesday by shareholders…
Microsoft Inks Licensing Deal With Cloud Gaming Provider Boosteroid
By Foo Yun Chee BRUSSELS (Reuters) -Microsoft on Tuesday signed a 10-year licensing deal to bring Activision’s Call of Duty…
Dollar Edges Up As U.S. Inflation Data Poses Quandary For Fed
By Herbert Lash NEW YORK (Reuters) -The dollar edged higher on Tuesday as traders set aside a fairly strong reading…
Amgen Is Sued For Concealing $10.7 Billion Tax Bill From Investors
By Jonathan Stempel (Reuters) – Amgen Inc has been sued in a proposed class action accusing the drugmaker of waiting…
Novo Nordisk Plans To Cut Insulin Prices In U.S. By Up To 75%
(Reuters) -Drugmaker Novo Nordisk said on Tuesday it would cut list prices for several insulin drugs by up to 75%…
Volkswagen Invests In Batteries, Raw Materials In Race For Affordable EV
By Victoria Waldersee BERLIN (Reuters) – Volkswagen plans to invest 180 billion euros ($193 billion) over five years in areas…
Crypto Exchange Binance To Halt Sterling Transfers
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Chinese Consumers Out Of COVID Gates With Caution, Rather Than Zest
By Casey Hall and Sophie Yu SHANGHAI (Reuters) – Chinese consumers, unshackled from COVID-19 restrictions, are returning to hotels, restaurants…
JPMorgan, Other Big U.S. Banks Flooded With New Clients Post SVB Collapse-FT
(Reuters) -A wave of customers have applied to shift their accounts to large U.S. banks such as JPMorgan Chase &…