Biden administration ramps up data exchange program to boost US supply chains
By David Shepardson WASHINGTON (Reuters) – The Biden administration on Tuesday said it was ramping up a program to address…
Business
Thomson Reuters profit tops estimates as it plans AI push
By Helen Coster and Kenneth Li NEW YORK (Reuters) -Thomson Reuters Corp on Tuesday reported higher-than-expected sales and operating profit in…
Explainer: How the Fed might act in a US default
(Reuters) – Federal Reserve Chair Jerome Powell at his press conference on Wednesday is likely to get asked – again…
Analysis-Companies wary as Twitter checkmark policy fuels imposter accounts
By Hardik Vyas and Sheila Dang (Reuters) – Twitter’s attempt to implement a paid account verification service has attracted imposters…
LIBOR successor in home stretch for transition in giant US swaps market
By Gertrude Chavez-Dreyfuss and John McCrank NEW YORK (Reuters) – A decade after a manipulation scandal turned global regulators and…
PacWest, Western Alliance shares tumble as regional bank fears persist
By Niket Nishant and Chibuike Oguh (Reuters) – Shares of regional banks PacWest Bancorp and Western Alliance Bank plunged on…
US Senate Republicans, Democrats squabble over debt ceiling as deadline nears
By David Morgan, Richard Cowan and Katharine Jackson WASHINGTON (Reuters) – Top U.S. Senate Republicans on Tuesday called on President…
New U.S. military aid to Ukraine to include air-launched rockets -sources
By Mike Stone and Patricia Zengerle WASHINGTON (Reuters) – The United States plans to announce as soon as Wednesday a…
Quotes: US regional banks fall as FRC failure shakes faith in banking sector recovery
(Reuters) – Shares of major U.S. regional banks fell further on Tuesday in the aftermath of the collapse of First…
Group of EU states seeks to reduce dependency on China for pharmaceuticals
By Julia Payne BRUSSELS (Reuters) – A group of 19 European Union member states are pushing for measures to reduce…