South Korea consumer sentiment hits 1-year high, inflation expectations weaken
SEOUL (Reuters) – Consumer sentiment in South Korea improved in May to the highest level in a year, with their…
Business
Striking Hollywood writers lament residuals slide
By Dawn Chmielewski LOS ANGELES (Reuters) – Writer Kyra Jones knew she would be taking a financial hit when she…
Chevron to boost U.S. presence with $7.6 billion PDC Energy buy
By Sabrina Valle HOUSTON (Reuters) -Chevron Corp said on Monday it is increasing its U.S. oil and gas footprint by…
First Citizens sues HSBC for hiring away Silicon Valley Bank staff
By Daniel Wiessner (Reuters) -First Citizens BancShares Inc, which acquired Silicon Valley Bank following its collapse, sued HSBC Holdings PLC…
OpenAI is exploring collective decisions on AI, like Wikipedia entries
By Jeffrey Dastin and Anna Tong (Reuters) -ChatGPT’s creator OpenAI is testing how to gather broad input on decisions impacting…
US seeks labor rights probe at Goodyear Tire in Mexico
By Daina Beth Solomon and David Lawder WASHINGTON/MEXICO CITY (Reuters) – U.S. labor officials on Monday said they have asked…
JPMorgan sees rise in corporate defaults in Latin America
(Reuters) – JPMorgan increased its corporate default rate forecast for all emerging markets to 6% from 5.5% on Monday, citing…
Banks win dismissal of U.S. silver price-fixing litigation
By Jonathan Stempel NEW YORK (Reuters) – A U.S. judge on Monday dismissed long-running litigation by investors who accused HSBC…
Credit Suisse bankruptcy event has not occurred – CDS panel
By Herbert Lash (Reuters) -A derivatives committee ruled on Monday that a bankruptcy credit event had not occurred in relation…
JPMorgan’s Dimon says bank’s plans regarding his tenure are unchanged
(Reuters) -JPMorgan Chase & Co CEO Jamie Dimon said he still approaches his job leading the largest U.S. bank with…