SVB Creditors Form Group Ahead Of Possible Bankruptcy – WSJ
(Reuters) -Creditors of Silicon Valley Bank’s parent company have formed a group in anticipation of a potential bankruptcy filing, the…
Headlines
Homebuilder Lennar’s Profit Jumps 18% On High Prices
(Reuters) -Homebuilder Lennar Corp on Tuesday reported an 18% rise in first-quarter profit as high property prices offset supply snags…
U.S. Treasury Says Record FDIC Cash Draw Won’t Affect Debt Ceiling ‘X-date’
(Reuters) -The Federal Deposit Insurance Corp said its withdrawal of a record $40 billion in U.S. Treasury Funds on Friday…
EBay Slams ‘alarming’ Meta Subpoena In FTC Monopoly Case
By Mike Scarcella (Reuters) – E-commerce platform eBay Inc on Monday asked a U.S. judge to block a bid by…
U.S. Banking Behemoths Attract Flood Of Deposits After SVB Collapse -sources
By Saeed Azhar and Lananh Nguyen NEW YORK (Reuters) – U.S. consumers have flooded banking giants, including JPMorgan Chase &…
Signature Bank, Former CEO Are Sued By Shareholders For Fraud
By Jonathan Stempel NEW YORK (Reuters) – Signature Bank and three former top executives were sued on Tuesday by shareholders…
Microsoft Inks Licensing Deal With Cloud Gaming Provider Boosteroid
By Foo Yun Chee BRUSSELS (Reuters) -Microsoft on Tuesday signed a 10-year licensing deal to bring Activision’s Call of Duty…
Dollar Edges Up As U.S. Inflation Data Poses Quandary For Fed
By Herbert Lash NEW YORK (Reuters) -The dollar edged higher on Tuesday as traders set aside a fairly strong reading…
Amgen Is Sued For Concealing $10.7 Billion Tax Bill From Investors
By Jonathan Stempel (Reuters) – Amgen Inc has been sued in a proposed class action accusing the drugmaker of waiting…
Novo Nordisk Plans To Cut Insulin Prices In U.S. By Up To 75%
(Reuters) -Drugmaker Novo Nordisk said on Tuesday it would cut list prices for several insulin drugs by up to 75%…