IMF lauds ‘quick and orderly resolution’ of First Republic by US regulators
WASHINGTON (Reuters) – The International Monetary Fund (IMF) appreciates quick action by U.S. regulators to seize First Republic Bank and…
Business
Norwegian Cruise lifts profit forecast on higher ticket prices, steady demand
By Ananya Mariam Rajesh and Anne Florentyna Gnanaraja Sekar (Reuters) -Norwegian Cruise Line Holdings Ltd raised its annual profit forecast…
White House to study employer tools that monitor workers
WASHINGTON (Reuters) – The Biden administration plans to study companies’ use of technology to monitor and manage workers, which it…
Fifth Third Bancorp bid for First Republic before sale to JPMorgan -sources
By Anirban Sen and David French NEW YORK (Reuters) – Fifth Third Bancorp was one the banks that submitted final…
US manufacturing contracts again in April, but pace slows
By Lucia Mutikani WASHINGTON(Reuters) – U.S. manufacturing pulled off a three-year low in April as new orders improved slightly and…
ON Semi jumps after results while Nvidia hits 13 month high
(Reuters) – ON Semiconductor’s shares jumped 7% on Monday after the chipmaker’s quarterly guidance beat Wall Street’s expectations, spurring other…
Italy approves May Day labour package amid union criticism
By Giuseppe Fonte and Alvise Armellini ROME (Reuters) -Italy’s right-wing government on Monday approved measures to boost job creation and…
Factbox-U.S. debt ceiling standoff: Platinum coins, the 14th Amendment could be paths out
WASHINGTON (Reuters) – With Democratic President Joe Biden and Republican House of Representatives Speaker Kevin McCarthy locked in a standoff…
Biden says First Republic depositors protected, calls for stronger bank regulation
WASHINGTON (Reuters) – U.S. President Joe Biden on Monday hailed moves by U.S. regulators to facilitate the sale of First…
Explainer-With Bluesky, Jack Dorsey has another go at Twitter-like service
(Reuters) – Jack Dorsey is taking another whack at a Twitter-like service with a new social media platform called Bluesky….