LOS ANGELES (Reuters) – United Parcel Service has delivered a revised offer with “significant movement on wages and other economic language,” the union representing roughly […]
US Regulators Consider To Limit Major Lenders’ Borrowings From FHLBs – Bloomberg News
(Reuters) – U.S. officials are considering to limit the ability of large banks to use Federal Home Loan Banks (FHLBs) as a financial backstop, as […]
Wall St Rallies As Inflation Cools, Apple Hits $3 Trillion Market Value
By Sinéad Carew, Sruthi Shankar and Johann M Cherian (Reuters) – U.S. stocks rallied on Friday, putting the tech-heavy Nasdaq on course for its biggest […]
Deutsche Bank Human Resources Head Ilgner To Leave Bank
FRANKFURT (Reuters) – Deutsche Bank’s head of human resources, Michael Ilgner, has decided to leave the bank, Deutsche Bank announced on Friday. The move follows […]
Fed Trying To Figure Out If Rates Are High Enough: Goolsbee
(Reuters) – Chicago Federal Reserve Bank President Austan Goolsbee on Friday said that he and colleagues will be parsing what will be “a lot of […]
SEC Spells Out Bitcoin ETF Concerns To Asset Managers -source
By Carolina Mandl (Reuters) -The U.S. Securities and Exchange Commission (SEC) has said recent applications by asset managers to launch spot bitcoin exchange-traded funds (ETFs) […]
US Consumer Spending Stalls In May; Inflation Still Elevated
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer spending stagnated in May as households cut back on purchases of motor vehicles and other long-lasting goods […]
Apple’s Market Value Breaches $3 Trillion Mark Again
(Reuters) – Apple Inc’s market capitalization on Friday breached the $3 trillion mark for the first time since January last year, as investors bet on […]
Shell’s Renewables Boss To Leave After CEO Strategy Shift
By Ron Bousso LONDON (Reuters) -Shell’s head of renewable generation Thomas Brostrom is leaving the company, a spokesperson said on Friday, weeks after CEO Wael […]
Oil Heads For Fourth Straight Quarterly Decline
By Ron Bousso LONDON (Reuters) -Oil prices declined towards $74 a barrel on Friday and were on course for a fourth consecutive quarter of losses […]