Stocks, yields fall after data seen halting more Fed rate hikes
By Herbert Lash NEW YORK (Reuters) -A gauge of global stock performance slid on Thursday after U.S. jobless claims and…
May 11, 2023
PacWest shares plunge after it reports drop in deposits
By Niket Nishant and Chibuike Oguh (Reuters) -Shares of PacWest Bancorp plunged 23% on Thursday after the Los-Angeles-based lender said…
Key Fed emergency lending little changed in latest week
NEW YORK (Reuters) – Emergency liquidity borrowing from the Federal Reserve was little changed in the latest week, the central…
Factbox: Brokerage Robinhood joins trend of around-the-clock stock trading
NEW YORK (Reuters) – Robinhood Markets Inc said on Wednesday after markets closed that it would launch 24/5 trading for…
US ‘YouTuber’ pilot who intentionally crashed small plane agrees to plea deal
By David Shepardson WASHINGTON (Reuters) – The pilot of a small private plane who posted a video of himself intentionally…
UAE’s Royal Group looking at opportunities in US market – chair
DUBAI (Reuters) – The chairman of Abu Dhabi-based conglomerate Royal Group, Sheikh Tahnoon bin Zayed Al Nahyan, said on Thursday…
US permit crackdown poses new hurdles for proposed LNG projects – analysts
By Curtis Williams HOUSTON (Reuters) – The U.S. Department of Energy’s refusal to grant export permit extensions to liquefied natural…
Beyond Meat tumbles to new low after seeking to raise $200 million
(Reuters) – Shares of Beyond Meat tumbled 18% to new lows on Thursday after the plant-based substitute meat seller said…
U.N. urges halt to Sudan conflict as fighting rumbles on despite talks
KHARTOUM (Reuters) – The U.N. on Thursday urged countries with influence in Africa to help end the conflict in Sudan…
Wall Street Mostly Lower With Disney; Alphabet Lifts Nasdaq
By Caroline Valetkevitch NEW YORK (Reuters) – The Dow and the S&P 500 fell on Thursday, dragged down by Walt…