U.S. Postal chief vows more ‘aggressive actions’ after missing financial target
By David Shepardson WASHINGTON (Reuters) -U.S. Postmaster General Louis DeJoy will tell lawmakers on Wednesday he plans to take more…
2023
Wells Fargo to pay $1 billion to settle shareholder lawsuit over recovery from scandals
By Jonathan Stempel NEW YORK (Reuters) -Wells Fargo & Co has agreed to pay $1 billion to settle a lawsuit…
Blackstone, Thomson Reuters consortium looks to sell further $3 billion in LSEG shares
LONDON (Reuters) -An investor consortium including U.S. buyout firm Blackstone and Thomson Reuters, the publisher of Reuters News, is looking…
US bank regulators vow tougher rules, oversight after bank failures
By Pete Schroeder and Ann Saphir WASHINGTON (Reuters) -The Federal Reserve will unveil its plan to ratchet up capital rules…
Ex-SVB CEO Says Was Unaware Of Bank’s Problems When He Sold Stock
By Hannah Lang and Tatiana Bautzer WASHINGTON/NEW YORK (Reuters) -The former chief executive of Silicon Valley Bank was unaware the…
US regional bank shares bounce as debt ceiling overshadows crisis
By Chibuike Oguh and Niket Nishant (Reuters) – Shares of U.S. regional lenders rose on Monday, led by a rebound…
U.S. condemns reported arrest of former U.S. mission employee in Russia
WASHINGTON (Reuters) – The U.S. State Department said on Tuesday it “strongly condemns” the reported arrest of Robert Shonov, a…
WestJet union seeks to narrow pay gap between Canada and U.S. pilots as strike looms
By Allison Lampert (Reuters) – Higher pay remains an obstacle for Canada’s WestJet Airlines and its pilots to secure an…
Ukraine Supreme Court chief dismissed after being detained in bribery case
By Dan Peleschuk KYIV (Reuters) -The head of Ukraine’s Supreme Court was dismissed from his post on Tuesday after being…
Tighter work requirements for welfare programs on table in debt ceiling talks – sources
By Jarrett Renshaw WASHINGTON (Reuters) – Aides for President Joe Biden and Republican House Speaker Kevin McCarthy have been discussing…