Crypto-focused Bank Silvergate Plans To Wind Down Following Blow From FTX
By Hannah Lang and Anirban Chakroborti (Reuters) -Crypto-focused bank Silvergate Capital Corp said on Wednesday it planned to wind down…
March 2023
Marketmind: Feeling The FX Of Powell’s Pointers
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Asian markets are…
With dealmaking slowing, activist hedge funds target companies’ top brass
By Svea Herbst-Bayliss NEW YORK (Reuters) – Activist hedge funds that often push companies to sell themselves or divest divisions…
U.S. House Focuses On Debt As Biden Proposes $3 Trillion In Deficit Cuts
By David Morgan WASHINGTON (Reuters) -U.S. House Republicans put a spotlight on the government’s $31.4 trillion debt in a closed-door…
JPMorgan Ending Banking Relationship With Crypto Exchange Gemini – Source
By Niket Nishant (Reuters) – JPMorgan Chase & Co is cutting ties with Gemini, the cryptocurrency exchange founded by Cameron…
Fed Still Up In The Air On Whether To Speed Up Rate Hikes, Powell Says
By Howard Schneider and Lindsay Dunsmuir WASHINGTON (Reuters) -Federal Reserve Chair Jerome Powell on Wednesday reaffirmed his message of higher…
Adidas, Burnt By Kanye West Split, Seeks A New Focus
By Helen Reid LONDON (Reuters) – Adidas, burnt by the end of its tie-up with the artist formerly known as…
U.S. Opens New Special Crash Probe Into Fatal Tesla Crash
WASHINGTON (Reuters) – The National Highway Traffic Safety Administration (NHTSA) said Wednesday it is opening a new special crash investigation…
Fed’s Powell: No Call Made Yet On Size Of March Rate Rise
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Chair Jerome Powell said Wednesday that officials have not yet…
Campbell Soup Lifts Sales Outlook As Americans Keep Snacking
By Deborah Mary Sophia (Reuters) -Campbell Soup Co raised its annual sales forecast after topping Wall Street estimates for quarterly…