Citigroup’s Decade-old Regulatory Sanction Lifted
(Reuters) – The U.S. Office of the Comptroller of the Currency (OCC) lifted a 10-year-old consent order with Citigroup Inc,…
Dollar Towers At Two-decade High On Growth Woes, Fed Outlook
By Tom Westbrook SINGAPORE (Reuters) – The dollar held firm at a 20-year high on Friday and was poised to…
Oil Eases As China Lockdowns Weigh On Demand Outlook
By Florence Tan SINGAPORE (Reuters) – Oil edged lower on Friday as China’s COVID-19 lockdowns weighed on the outlook for…
Apple Sees Bigger Supply Problems After Strong Start To Year
By Paresh Dave and Nivedita Balu OAKLAND, Calif. (Reuters) -Apple Inc on Thursday forecast bigger problems as COVID-19 lockdowns snarl…
Singapore Banks Post Q1 Profit Declines In Weak Markets
By Anshuman Daga SINGAPORE (Reuters) -Singapore lenders DBS Group and OCBC both reported 10% declines in their quarterly profits from…
Berkshire Hathaway Director Olson Says Abel Has The Board’s Total Confidence
OMAHA, Neb. (Reuters) – One of Berkshire Hathaway’s longest-serving directors on Thursday gave a full-throated endorsement to Greg Abel as…
DBS Q1 Profit Falls 10% In Weak Markets, Revenue Slips 3%
SINGAPORE (Reuters) – DBS Group Holdings reported a 10% decline in quarterly profit after net income at Southeast Asia’s largest…
Big US energy transmission projects inch closer to approval
ALBUQUERQUE, N.M. (AP) — The federal government has finished another environmental review of a proposed transmission line that will carry…
Amazon Results And Outlook Fall Short As Warehouse, Fuel Costs Soar
By Jeffrey Dastin and Tiyashi Datta (Reuters) -Amazon.com Inc delivered a disappointing quarter and outlook on Thursday as the e-commerce…
Amazon reports rare quarterly loss as online shopping slows
NEW YORK (AP) — Amazon reported its first quarterly loss since 2015 on Thursday, its money-making juggernaut stalled by a…