Exclusive-Mexico mulls benefits of Banamex purchase, eyes synergies with state bank
By Anthony Esposito MEXICO CITY (Reuters) – Mexico is evaluating whether buying Citigroup Inc’s Mexican consumer unit would help boost…
Business
Dollar backs off highs after Fed officials suggest skipping June rate hike
(Updates prices throughout story, adds analyst comment in paragraphs 7 and 8, recasts lede and paragraphs 2, 3 and 4…
BlackRock’s CEO expects more rate hikes as inflation persists
By Davide Barbuscia and Tom Sims NEW YORK (Reuters) – BlackRock Inc Chief Executive Laurence Fink said on Wednesday that…
Morgan Stanley expects trading, investment banking results to weaken
NEW YORK (Reuters) – Morgan Stanley expects to its revenue from trading and investment banking to slump in the second…
Walmart is raising wages for pharmacists, opticians in healthcare push
By Siddharth Cavale BENTONVILLE, Ark. (Reuters) – Walmart is raising wages for thousands of U.S. pharmacists and opticians, the retailer…
U.S. economy little changed, outlook ‘deteriorated’: Fed survey
By Ann Saphir and Howard Schneider (Reuters) – U.S. economic activity appeared to stall in recent weeks, a Federal Reserve…
Oil settles lower on weak China data, stronger US dollar
By Laura Sanicola (Reuters) -Oil prices settled lower on Wednesday, pressured by a stronger U.S. dollar and weak data from…
Bill Ackman calls on JPMorgan CEO Dimon to run for US president
(Reuters) -Billionaire hedge fund manager Bill Ackman said Jamie Dimon should run for president in the next U.S. elections after…
Fed’s Harker: Inclined to ‘skip’ a rate hike in June
(Reuters) – Federal Reserve Bank of Philadelphia President Patrick Harker said on Wednesday that for the moment he is inclined…
Amazon.com to pay $25 million to settle Alexa privacy lawsuit with FTC
WASHINGTON (Reuters) – Amazon.com agreed to pay $25 million to settle allegations that it violated children’s privacy rights with its…