Pet food manufacturer Alphia explores sale – sources
By Abigail Summerville NEW YORK (Reuters) – Alphia is exploring options including a sale that could value the private equity-owned…
Economy
Ex-First Republic CEO blames contagion for bank’s collapse
(Reuters) – The former chief executive of the First Republic Bank Michael Roffler blamed the bank’s collapse on the contagion…
US dollar scales seven-week peak after solid data, debt-ceiling optimism
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar rose to a seven-week high on Wednesday, boosted by optimism about…
U.S. Republican-led states move to block Biden ESG investing rule
By Daniel Wiessner (Reuters) – A group of Republican-led U.S. states has asked a federal judge in Texas to strike…
NY Fed report finds decline in downside economic risks
By Michael S. Derby NEW YORK (Reuters) – Risks to the economic outlook in a time of a rapid Federal…
Oil settles up $2 on optimism about US debt ceiling, demand
By Laura Sanicola (Reuters) -Oil prices settled up about $2 on Wednesday as optimism over oil demand and U.S. debt…
Biden adviser Sullivan has ‘total faith’ in Secret Service after reported home break-in
ABOARD AIR FORCE ONE (Reuters) – White House national security adviser Jake Sullivan, asked on Wednesday about a recent break-in…
Volkswagen plans core brand revamp to boost returns -internal memo
BERLIN (Reuters) -German carmaker Volkswagen plans to overhaul its core brand to increase efficiency and returns, according to an internal…
Bankman-Fried faces long odds of tossing charges despite Supreme Court decision
By Luc Cohen NEW YORK (Reuters) – FTX founder Sam Bankman-Fried is hoping a recent Supreme Court decision limiting the…
Fraud in Massachusetts is boosting US weekly jobless claims, economists say
WASHINGTON (Reuters) – Fraudulent filings for state unemployment insurance aid in Massachusetts could be distorting U.S. weekly unemployment claims data,…