Citi’s Fraser warns U.S. debt ceiling debate has serious consequences
BEVERLY HILLS (Reuters) – Citigroup chief executive officer Jane Fraser said on Monday that debate about the debt ceiling in…
Business
Subway comes up with $5 billion debt plan to clinch $10 billion-plus sale -sources
By Abigail Summerville and Anirban Sen NEW YORK (Reuters) -The bankers running the sale process for Subway have given the…
One-third of US nurses plan to quit profession – report
By Khushi Mandowara and Leroy Leo (Reuters) – Almost a third of the nurses in the United States are considering…
GM cuts several hundred full-time contract workers
By David Shepardson and Nathan Gomes (Reuters) -General Motors Co on Monday said it had cut several hundred full-time contract…
Japan’s Astellas to buy Iveric Bio for $5.9 billion to expand eyesight treatments
By Rocky Swift TOKYO (Reuters) -Japan’s Astellas Pharma said on Monday it agreed to buy U.S. drugmaker Iveric Bio Inc…
JPMorgan buys First Republic Bank’s assets
(Reuters) – JPMorgan Chase & Co, the biggest U.S. bank by assets, said on Monday it will buy most of…
US construction spending rebounds in March on nonresidential structures
WASHINGTON (Reuters) – U.S. construction spending increased more than expected in March, boosted by investment in nonresidential structures, but single-family…
World Bank launches more robust, transparent business climate rankings
By Andrea Shalal WASHINGTON (Reuters) -The World Bank on Monday unveiled new methodology and improved safeguards for assessing the business…
Blackstone limits REIT investor redemptions again in April
By Chibuike Oguh NEW YORK (Reuters) – Blackstone Inc on Monday said it had again limited withdrawals from its $70…
FDIC report to reopen U.S. bank deposit insurance debate
By Hannah Lang (Reuters) – A key U.S. banking regulator is set to publish a comprehensive overview of the federal…