JPMorgan sees rise in corporate defaults in Latin America
(Reuters) – JPMorgan increased its corporate default rate forecast for all emerging markets to 6% from 5.5% on Monday, citing…
May 2023
Banks win dismissal of U.S. silver price-fixing litigation
By Jonathan Stempel NEW YORK (Reuters) – A U.S. judge on Monday dismissed long-running litigation by investors who accused HSBC…
Credit Suisse bankruptcy event has not occurred – CDS panel
By Herbert Lash (Reuters) -A derivatives committee ruled on Monday that a bankruptcy credit event had not occurred in relation…
Novo Nordisk, Pfizer weight-loss pills work as well as shots
By Louise Rasmussen and Michael Erman COPENHAGEN (Reuters) -Novo Nordisk and Pfizer Inc separately released data on Monday showing that…
TikTok Sues Montana After State Passes A Law Banning App
(Reuters) – TikTok filed a federal lawsuit on Monday against Montana after the state passed a law banning the short-video…
US Supreme Court backs three men in Cuomo-era New York corruption cases
By Luc Cohen NEW YORK (Reuters) -The U.S. Supreme Court on Monday gave a big boost to two real estate…
JPMorgan’s Dimon says bank’s plans regarding his tenure are unchanged
(Reuters) -JPMorgan Chase & Co CEO Jamie Dimon said he still approaches his job leading the largest U.S. bank with…
Dollar gains against yen as Fed policy, debt ceiling in focus
By Karen Brettell NEW YORK (Reuters) – The dollar rose against the Japanese yen on Monday, holding just below a…
Oil rises 1% as supplies shrink, demand seen higher
By Scott DiSavino NEW YORK (Reuters) -Oil prices edged up 1% on Monday with a rise in U.S. gasoline futures…
Walmart forays into telehealth for pets with Pawp tie-up
(Reuters) – Walmart Inc said on Monday it has signed a deal with pet telehealth provider Pawp to offer the…