Wall St posts slim gain ahead of big earnings week
By Lewis Krauskopf, Sruthi Shankar and Ankika Biswas (Reuters) – Major U.S. stock indexes ended with fractional gains on Friday…
Business
SVB CEO, CFO resign, co appoints turnaround expert as interim finance head
(Reuters) -SVB Financial Group’s CEO and chief financial officer resigned this week while the collapsed lender’s restructuring committee appointed a…
U.S. financial regulators to tighten rules on non-banks, systemic risks
By David Lawder WASHINGTON (Reuters) -Top U.S. regulators on Friday proposed new rules to speed the assessment of financial stability…
Samsung hit with $303 million jury verdict in computer-memory patent lawsuit
By Blake Brittain (Reuters) – Computer-memory company Netlist Inc convinced a federal jury in Texas on Friday to award it…
Smart gun operating on facial recognition goes on sale in US
By Matt McKnight and Daniel Trotta BROOMFIELD, Colorado (Reuters) -Colorado-based Biofire Tech is taking orders for a smart gun enabled…
US bank deposits, loans ticked down in latest week -Fed data
(Reuters) – Deposits at all U.S. commercial banks dropped in the second week of April, though at smaller banks deposits…
Exclusive-Lilly expects US Medicare to reverse course, fully cover Alzheimer’s drugs
By Deena Beasley and Julie Steenhuysen (Reuters) – Eli Lilly and Co expects the U.S. Medicare health plan to back…
Tesla hikes US prices days after sixth price cut this year
(Reuters) -Tesla Inc raised the U.S. prices for its Model S and X premium electric vehicles on Thursday, according to…
Chile plans to nationalize its vast lithium industry
By Alexander Villegas and Ernest Scheyder SANTIAGO (Reuters) – Chile’s President Gabriel Boric said on Thursday he would nationalize the…
Credit Suisse saw record fund outflows during March turmoil, data shows
By Marc Jones LONDON (Reuters) – Credit Suisse saw investors pull a record 4.6 billion euros ($5.04 billion) out of…