Zions Bancorporation profit misses as provisions overshadow NIM gains
(Reuters) – Zions Bancorporation missed estimates for quarterly profit on Wednesday as higher provisions to cover loan losses offset the…
Business
Louisiana on track for carbon well permitting by year-end: official
By Liz Hampton (Reuters) – Louisiana likely will receive permitting authority over wells designed to capture and store greenhouse gases…
Seattle airport, Alaska Air and Delta sued over jet pollution
By Clark Mindock (Reuters) – Neighbors of Seattle-Tacoma International Airport on Wednesday sued the airport’s operator and two airlines over…
Stocks fall, yields climb on rate hike view
By Chuck Mikolajczak NEW YORK (Reuters) – A gauge of global stocks slipped on Wednesday after back-to-back gains as investors…
U.S. banking regulator warns ‘open banking’ could impact deposit outflows
By Hannah Lang (Reuters) – The evolution of “open banking” in the U.S. could impact how regulators supervise banks, as…
Meta lays off tech teams, battering employee morale
By Katie Paul and Yuvraj Malik (Reuters) – Meta Platforms Inc on Wednesday carried out another round of job cuts,…
Nasdaq profit beats expectations, helped by anti-financial crime unit
(Reuters) -Nasdaq Inc on Wednesday reported first-quarter profits that beat Wall Street estimates as demand for its anti-financial crime software…
US Supreme Court gives Turkey’s Halkbank another chance to avoid charges
By Andrew Chung WASHINGTON (Reuters) -The U.S. Supreme Court on Wednesday gave Turkey’s state-owned lender Halkbank another chance to avoid…
GE’s largest union ratifies 2-year contract extension with wage hike
(Reuters) – General Electric Co’s workers have ratified a two-year contract extension that provides for a 12% rise in wages,…
US economic activity little changed, Fed report shows
By Ann Saphir (Reuters) -U.S. economic activity was little changed in recent weeks as employment growth moderated somewhat and price…