Indexes fall 1% as regional banks tumble, investors fret before Fed
By Caroline Valetkevitch NEW YORK (Reuters) – Major U.S. stock indexes fell more than 1% each on Tuesday as regional…
May 2023
Russia’s war on Ukraine latest: General says Ukraine won’t give up on Bakhmut
(Reuters) – The Ukrainian general in charge of ground forces said his troops would not give up the eastern city…
PNC Says It Can Offer Up To $15 Billion In Short-term Debt To Provide Additional Liquidity
(Please read headline “to provide additional liquidity” instead of “ease liquidity worries” and in first paragraph please read “to provide…
Vanda Pharmaceuticals sues U.S. government over drug trade secrets
By Blake Brittain (Reuters) – Vanda Pharmaceuticals Inc has sued the federal government in Washington, D.C., federal court over accusations…
Starbucks profits beat on China recovery, shares dive on guidance
By Deborah Mary Sophia and Hilary Russ (Reuters) -Starbucks Corp beat Wall Street estimates on Tuesday for quarterly profits, powered…
Ford’s profit rises on strong truck demand but EV outlook weighs
By Joseph White and Nathan Gomes (Reuters) -Ford Motor Co on Tuesday posted robust first-quarter revenue and profit, thanks to…
Amgen sues Novartis to block generic osteoporosis, bone cancer drugs
By Blake Brittain (Reuters) – Amgen Inc sued Novartis AG’s Sandoz in New Jersey federal court Monday, accusing Sandoz’s proposed…
Clorox rethinks strategy on Kingsford charcoal ahead of summer grilling season
By Jessica DiNapoli NEW YORK (Reuters) – Clorox Co is revamping its sales plans for its Kingsford grilling briquettes and…
Florida prosecutor suspended by DeSantis over abortion seeks reinstatement by US court
By Brendan Pierson (Reuters) – A lawyer for a Florida prosecutor on Tuesday urged a federal appeals court to reinstate…
Cryptoverse: Digital coins lure inflation-weary Argentines and Turks
By Medha Singh and Lisa Pauline Mattackal (Reuters) -Can inherently volatile cryptocurrencies become safe-havens? Apparently they can in some parts…