By Caroline Valetkevitch NEW YORK (Reuters) – Major U.S. stock indexes fell more than 1% each on Tuesday as regional…
Category: Business
Oil drops 1% as economic growth concerns offset OPEC+ cuts
By Shariq Khan BENGALURU (Reuters) – Oil prices dropped by a dollar a barrel on Monday after weak economic data…
Explainer-Why First Republic Bank failed and what JPMorgan’s deal means
By Lawrence Delevingne (Reuters) – The focus of the U.S. regional banking crisis turned on First Republic Bank in late…
White House: Fed report on SVB reinforces need for regulatory, supervisory reforms
WASHINGTON (Reuters) – The Federal Reserve Board’s independent review of Silicon Valley Bank’s collapse reinforces the need for “the commonsense…
Wall St rallies as earnings season boost offsets economy worries
By Sinéad Carew, Sruthi Shankar and Ankika Biswas (Reuters) – The tech-heavy Nasdaq led a Wall Street rally on Thursday…
Universal Music reiterates AI concerns as quarterly profit slumps
(Reuters) -Universal Music Group, the label representing Drake and Taylor Swift, on Wednesday posted a slump in first-quarter core profit…
Citigroup defends revamp as shareholders complain about sluggish stock
NEW YORK (Reuters) – Citigroup Inc’s chairman John Dugan defended the company’s efforts to fix its regulatory problems and bolster…
Permian in spotlight as energy dealmaking gathers steam
(This April 18 story has been corrected to fix the title to director, not CEO, in paragraph 4) By Mrinalika…
Netflix reports mixed earnings as password crackdown set to expand
By Dawn Chmielewski and Lisa Richwine (Reuters) – Netflix Inc beat Wall Street earnings estimates for the first quarter but…
Fox settles Dominion lawsuit for $787.5 million over US election lies
By Helen Coster and Jack Queen WILMINGTON, Delaware (Reuters) -Fox Corp and Fox News on Tuesday settled a defamation lawsuit…