Cash-strapped Lordstown may stop Endurance truck production
(Reuters) – Lordstown Motors reported a steep fall in its cash reserves on Thursday and said it might have to…
2023
PacWest confirms strategic options talks after US bank shares plunge
By Anirban Sen and Noel Randewich (Reuters) – PacWest Bancorp said late on Wednesday it was in talks with potential…
Analysis-Delta’s pilot deal turns up the heat on rival airlines’ union negotiations
By Rajesh Kumar Singh and Allison Lampert (Reuters) – Delta Air Lines’ industry-changing pilot contract that offers $7 billion in…
Qualcomm amplifies chip gloom with ‘sobering report’
(Reuters) -Qualcomm Inc’s shares sank 7% on Thursday after the chip designer signalled it would take longer for its crucial…
Senator Elizabeth Warren Seeks Information From First Republic’s Former CEO – WSJ
(Reuters) – U.S. Senator Elizabeth Warren has written to Michael Roffler, the former chief executive of failed First Republic Bank…
Russian rouble soars to one-month high as oil prices halt slide
By Alexander Marrow (Reuters) -The Russian rouble climbed sharply to a more-than-one-month high on Thursday, gaining for a fifth straight…
Argentina seeks US, Brazil support for faster IMF payouts – gov’t sources
By Bernardo Caram and Nicolás Misculin BRASILIA/BUENOS AIRES (Reuters) – Argentina is seeking new easing of targets in its $44…
Shopify divests logistics arm to Flexport in strategic reversal
By Krystal Hu (Reuters) – Shopify Inc has divested the logistics arm it built over the past few years, in…
WHO experts to weigh whether world ready to end COVID emergency
By Jennifer Rigby and Emma Farge LONDON (Reuters) -A panel of global health experts will meet on Thursday to decide…
NYSE-parent ICE tops profit views as market volatility spurs trading
NEW YORK (Reuters) -Intercontinental Exchange Inc on Thursday reported first-quarter profit slightly above Wall Street views, as market volatility boosted…