U.S. banks sink on concerns about office real estate loans
By Sinéad Carew (Reuters) -Shares of large and mid-sized U.S. banks sharply underperformed the broader market on Wednesday with the…
Business
American Airlines to appeal JetBlue alliance court ruling
By Rajesh Kumar Singh, David Shepardson and Diane Bartz (Reuters) -American Airlines Group will appeal a U.S. court decision requiring…
Exxon, Chevron shareholders soundly reject climate-related petitions
By Sabrina Valle HOUSTON (Reuters) -Exxon Mobil Corp and Chevron Corp shareholders on Wednesday overwhelmingly rejected calls for stronger measures…
Nordstrom delivers surprise profit as inventory woes ease
By Deborah Mary Sophia (Reuters) -Nordstrom Inc posted a surprise first-quarter profit on Wednesday as better inventory control and demand…
Salesforce posts slowest quarterly revenue growth since 2010
By Tiyashi Datta (Reuters) -Salesforce Inc posted an 11% rise in quarterly revenue, its slowest pace of growth in 13…
OPEC has not invited Reuters, Bloomberg to report on weekend policy meets
DUBAI/LONDON (Reuters) -OPEC has not invited Reuters or Bloomberg news agencies to report on ministerial meetings in Vienna this weekend…
McConnell says he expects debt ceiling bill to pass House on Wednesday
WASHINGTON (Reuters) – U.S. Senate Republican leader Mitch McConnell said he expected the debt ceiling bill to pass the House…
Exclusive-US set to allow GE to make engines in India for New Delhi’s military jets
By Trevor Hunnicutt, Krishn Kaushik and Rajesh Kumar Singh WASHINGTON/NEW DELHI (Reuters) – The Biden administration is poised to sign…
Bankman-Fried hints at blame-the-lawyers defense in criminal case
By Alison Frankel (Reuters) – Indicted FTX founder Sam Bankman-Fried seems to be gearing up to blame the lawyers who…
Marketmind: June starts on a nervous note
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. A batch of…