Biden nominates Admiral Lisa Franchetti to be first woman to lead US Navy
By Phil Stewart and Steve Holland WASHINGTON (Reuters) -President Joe Biden on Friday nominated Admiral Lisa Franchetti to lead the…
July 2023
Yen slides, dollar gains as BOJ seen maintaining loose policy
By Karen Brettell and Iain Withers NEW YORK (Reuters) – The yen dropped against the dollar on Friday after Reuters…
New Jersey sues to block New York traffic congestion plan
By David Shepardson (Reuters) -New Jersey sued the Biden administration on Friday seeking to block New York City’s plan to…
Microsoft-Activision deal back in hands of UK regulator after court pauses appeal
LONDON (Reuters) -Microsoft’s Activision Blizzard deal is back in the hands of Britain’s antitrust regulator after an appeals court granted…
Chinese cities brace for floods as heat scorches inland regions
By Ryan Woo and Liz Lee BEIJING (Reuters) – Several Chinese cities including Shanghai and Beijing braced for flooding on…
Limited political support in Sweden to ban Koran burnings
By Johan Ahlander STOCKHOLM (Reuters) – There is limited political will in Sweden to ban Koran burnings that have upset…
Huntington Bancshares beats Q2 profit estimates on interest income strength
(Reuters) -Huntington Bancshares beat Wall Street estimates for second-quarter profit on Friday, as it earned more from rising interest rates…
US banks’ reserves steady, assuaging liquidity drainage fears
By Davide Barbuscia NEW YORK (Reuters) – A feared liquidity drainage in the U.S. banking system as the Treasury refills…
U.S. banks warn of interest income weakness after upbeat quarter
By Niket Nishant and Jaiveer Shekhawat (Reuters) -Comerica and Huntington Bancshares on Friday sharply cut their interest income growth forecasts…
Actors decry ‘existential crisis’ over AI-generated ‘synthetic’ actors
By Dawn Chmielewski (Reuters) – Filmmakers have put monsters on screen for more than a century. In 2023, the real…