FDIC prepares to place First Republic under receivership
By Greg Roumeliotis NEW YORK (Reuters) – The U.S. Federal Deposit Insurance Corporation (FDIC) is preparing to place First Republic…
US
California’s fire season under way weeks after heavy rain and snow
By Steve Gorman LOS ANGELES (Reuters) – Barely five weeks after the last bout of heavy rain and snow in…
Pfizer pledge for more equal access to RSV shot faces hurdles
By Jennifer Rigby and Maggie Fick LONDON (Reuters) – Pfizer Inc has pledged to deliver critical new medicines more quickly…
China’s Didi sees 2022 revenue hit by COVID, net loss narrows
BEIJING (Reuters) – Chinese ride hailing giant Didi Global on Saturday reported a 19% year-on-year fall in 2022 revenue, as…
OpenAI closes $300 million funding round at $27 billion-$29 billion valuation – TechCrunch
(Corrects headline and story to show a $300 million share sale, not $10 bln or $10.3 billion) (Reuters) – OpenAI,…
US Fed points finger at Trump-era rollback for SVB demise
By Douglas Gillison (Reuters) -The Federal Reserve on Friday blamed the deregulatory zeal that occurred during the Trump era for…
Biden takes his re-election pitch to financial backers
By Trevor Hunnicutt WASHINGTON (Reuters) – U.S. President Joe Biden made his pitch for re-election on Friday night to a…
U.S. confiscates Iran oil cargo on tanker amid Tehran tensions -sources
WASHINGTON (Reuters) – The U.S. confiscated Iranian oil on a tanker at sea in recent days in a sanctions enforcement…
U.S. Army plans 24-hour aviation stand down after two deadly helicopter crashes
WASHINGTON (Reuters) -The U.S. Army on Friday ordered its aviation units to pause operations for one day next month to…
Wall Street climbs as strong earnings offset slowdown worries, Fed meeting in focus
By Sinéad Carew, Sruthi Shankar and Ankika Biswas (Reuters) – U.S. stock indexes advanced on Friday after strong earnings updates…