By Pete Schroeder WASHINGTON (Reuters) – The Federal Reserve’s top regulatory official laid out a sweeping plan to increase capital…
Category: Business
Icahn restructures $3.7 billion in loans to remove company’s stock drag
(Reuters) -Carl Icahn disclosed on Monday he restructured $3.7 billion in personal loans to remove a link between his obligation…
Amazon partners with travel site Priceline in a first for Prime Day
By Doyinsola Oladipo NEW YORK (Reuters) – Amazon.com Inc is partnering with travel booking site Priceline to offer discounts during…
Alibaba and Tencent buoyed by hopes China tech crackdown to end
By Scott Murdoch and Julie Zhu HONG KONG (Reuters) – Alibaba Group and Tencent shares rose in Hong Kong on…
100 Million Users: Meta’s Threads App Record Growth
In a remarkable achievement, Meta Platforms Inc.’s (NASDAQ:META) Threads app has skyrocketed to over 100 million users within just five…
Business leaders left in limbo by rate hike impact lag
By Leigh Thomas and Mathieu Rosemain AIX-EN-PROVENCE, France (Reuters) -An unusually long lag in the time interest rate hikes are…
Verizon’s Unusual Activity
Verizon Communications (NYSE: VZ) has attracted the attention of a significant investor with substantial resources, who has taken a bearish…
As earnings loom, investors weigh recession resilience
By David Randall NEW YORK (Reuters) -As second-quarter earnings approach, investors are looking at beaten-down sectors which might gain ground…
France upbeat on attracting major Tesla investment – Le Maire
PARIS (Reuters) – French Finance Minister Bruno Le Maire on Sunday said he was “very hopeful” Tesla Chief Executive Elon…
Suspended Twitter account tracking Elon Musk’s jet moves to rival Meta’s Threads
(Reuters) – Jack Sweeney, the creator of an account tracking Elon Musk’s private jet in real time, has moved to…