By Ann Saphir (Reuters) – Months after a string of bank failures sent shockwaves through the global banking industry, U.S. banks are still heavily using an emergency lending facility set up by the Federal Reserve to help depository institutions meet withdrawal demands. Fed loans via that new facility, the Bank Term Funding Program, ticked up…
(Reuters) -Aircraft lessor Air Lease said on Thursday it expects more demand opportunities from potential delivery delays at Airbus due to Pratt & Whitney engine issues, which could further boost its lease rates. Airlines looking to cash in on a surge in global travel have been struggling with limited supply of jets and are increasingly…
By David Thomas (Reuters) – A Florida lawyer was sentenced to four years in federal prison for mail fraud on Thursday after prosecutors in New York said he filed hundreds of fraudulent disability lawsuits using stolen identities. U.S. District Judge Paul Gardephe in Manhattan also ordered Stuart Finkelstein, 68, to pay a $200,000 fine and…
By Jason Lange WASHINGTON (Reuters) -About half of Republicans would not vote for Donald Trump if he were convicted of a felony, a sign of the severe risks his legal problems pose for his 2024 U.S. presidential bid, according to a Reuters/Ipsos poll that closed on Thursday. The former president and current front-runner in the…
By Manya Saini and Sri Hari N S (Reuters) -Coinbase Global beat second-quarter revenue expectations on Thursday on higher interest income while its executives said the crypto exchange expects to win its legal battle with the U.S. securities regulator. The company and its rival Binance were sued by the U.S. Securities and Exchange Commission in…
(Reuters) – Ukraine and the United States started talks on Thursday aimed at providing security guarantees for Ukraine, President Volodymyr Zelenskiy’s chief of staff said, a follow-up to pledges by G7 countries at last month’s NATO summit. Ukraine was told that the Group of Seven (G7) would draw up and honour security guarantees and help…
By Andrew Goudsward and Jacqueline Thomsen WASHINGTON (Reuters) -Eager to witness U.S. history in person, members of the public lined up at a Washington federal courthouse on Thursday to observe President Donald Trump’s arraignment on charges of 2020 election interference. Hours before the proceeding, Sam Arreaza, 16, waited on line with his mother for a…
By Kylie Madry MEXICO CITY (Reuters) – Mexico’s move of cargo flights from the capital’s main airport to a more distant location is likely behind the pause in a planned joint venture between U.S. carrier Allegiant and Mexican airline VivaAerobus, a Mexican official said on Thursday. U.S. regulators suspended the review of the tie-up on…
(Reuters) – Regency Centers Corp on Thursday lifted the bottom end of its forecast for annual profit and funds from operations, signaling higher rental prices and steady leasing demand for its grocery-anchored shopping centers. The commercial real estate investment trust (REIT) has been raising prices of its rental properties to shield itself from rising development…
(Reuters) – President Volodymyr Zelenskiy said on Thursday that Ukraine’s military faced difficulties on front lines in the east and south of the country, but were dominant in their campaign. Senior military officials reported Ukrainian gains in the east — long the focal point of the 17-month-old conflict – around the shattered Russian-held city of…
