UBS chief draws up Credit Suisse leadership shortlist, FT says
(Reuters) -UBS Group AG’s Chief Executive Sergio Ermotti has shortlisted the Credit Suisse Group AG’s executives most likely to become…
Business
Shell Texas chemical plant fire contained -sheriff
By Erwin Seba HOUSTON (Reuters) -A fire at Shell Plc’s Deer Park, Texas chemical plant appeared to be contained by…
MSCI to lower free float of two Adani companies
(Reuters) – MSCI will lower the free float of two of India’s Adani Group companies, Adani Total Gas and Adani…
Ford to open orders on F-150 Trucks amid production snags
(Reuters) – Ford Motor Co said on Friday that it will open orders for its popular F-150 Lightning truck next…
Judge tosses FTC lawsuit accusing broker of unfair geolocation data sales
(Reuters) – A federal judge in Idaho on Thursday dismissed the U.S. Federal Trade Commission’s lawsuit against Kochava Inc alleging…
FDIC mulls loss-sharing with nonbanks to boost bids on failed lenders – Bloomberg News
(Reuters) -The U.S. Federal Deposit Insurance Corp (FDIC) is mulling whether to offer loss-sharing agreements to private equity firms and…
Wall Street Week Ahead: U.S. consumer price data to test feared stagflation scenario
By David Randall NEW YORK (Reuters) – Fears of stagflation are percolating on Wall Street, as investors await data that…
Dow has best day since Jan. 6 after Apple rally, jobs data
By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks rallied on Friday, with the Dow posting its biggest one-day percentage…
US bank lending touches record as deposits fall, Fed data shows
(Reuters) -Deposits at U.S. commercial banks fell toward the end of April to the lowest in nearly two years, data…
Stocks rally while Treasuries fall as US jobs data brightens outlook
By Sinéad Carew and Naomi Rovnick NEW YORK/LONDON (Reuters) – A global gauge of stocks rallied and U.S. Treasuries and…