(Reuters) – Zions Bancorporation missed estimates for quarterly profit on Wednesday as higher provisions to cover loan losses offset the impact of rising rates on its interest income. Shares of Utah-based Zions fell 3% to $31.75 in extended trading after the lender reported a 3% drop in deposits from the previous quarter and a 16%…
By Liz Hampton (Reuters) – Louisiana likely will receive permitting authority over wells designed to capture and store greenhouse gases by the end of the year, U.S. Congressman Garret Graves, who represents a southern section of the state, said on Tuesday. The state, which houses a large number of refineries and other industrial facilities, has…
By Clark Mindock (Reuters) – Neighbors of Seattle-Tacoma International Airport on Wednesday sued the airport’s operator and two airlines over jet pollution they said is making them sick and damaging their properties. In a proposed class action lawsuit filed in Washington state court, residents who live within five miles of the airport claimed pollution including…
By Chuck Mikolajczak NEW YORK (Reuters) – A gauge of global stocks slipped on Wednesday after back-to-back gains as investors digested the latest earnings reports, while Treasury yields climbed as British inflation data solidified expectations of more interest rate rises by central banks. U.S. stocks closed little changed, with the S&P 500 slightly below the…
By Sarah N. Lynch and Michael Martina WASHINGTON (Reuters) – China and Iran are becoming increasingly brazen in their attempts to silence dissidents on American soil and influence U.S. policy, the FBI warned on Wednesday. In a news briefing with reporters about transnational repression, FBI counterintelligence officials urged victims to come forward, saying the bureau…
WASHINGTON (Reuters) – Internal Revenue Service Commissioner Danny Werfel urged Congress on Wednesday to approve a $1.8 billion annual budget increase as Republicans criticized the agency’s spending plans for $80 billion in new long-term funding as too heavy on enforcement. Werfel told a Senate Finance Committee hearing that the Biden administration’s $14.1 billion fiscal 2024…
By Katie Paul and Yuvraj Malik (Reuters) – Meta Platforms Inc on Wednesday carried out another round of job cuts, this time hitting engineers and adjacent tech teams, as Chief Executive Mark Zuckerberg further moved to streamline the business in a bid to make 2023 a “year of efficiency.” Meta in March became the first…
By James Pearson BELFAST (Reuters) – China is aiming for “global technological supremacy” in cyberspace and is using its cyber capabilities to conduct intelligence and surveillance campaigns, Britain’s cyber chief said on Wednesday. Lindy Cameron, director of the National Cyber Security Centre (NCSC), part of Britain’s GCHQ eavesdropping spy agency, said Britain had a “legitimate…
By Will Dunham WASHINGTON (Reuters) – The relationship between the human mind and body has been a subject that has challenged great thinkers for millennia, including the philosophers Aristotle and Descartes. The answer, however, appears to reside in the very structure of the brain. Researchers said on Wednesday they have discovered that parts of the…
(Reuters) -Nasdaq Inc on Wednesday reported first-quarter profits that beat Wall Street estimates as demand for its anti-financial crime software helped mitigate a hit to the exchange operator’s indexing business and a slump in initial public offerings. Nasdaq expanded its regulatory technology footprint with its recent $2.75 billion Verafin acquisition and has made the business…
