By Hyunjoo Jin, Akash Sriram and Joseph White (Reuters) -Tesla CEO Elon Musk said on Wednesday that he was concerned…
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US regional banks earn more on loans but warn on rising deposit costs
By Chibuike Oguh NEW YORK (Reuters) -Several U.S. regional banks beat analysts third-quarter profit expectations on Wednesday as higher interest…
Meta shareholder lawsuit over user privacy revived by appeals court
By Jody Godoy (Reuters) – A shareholders’ proposed class action accusing Meta Platforms Inc of concealing sweeping misuse of Facebook…
Republican Jim Jordan loses first US House speaker vote, plays for time
By David Morgan, Makini Brice and Moira Warburton WASHINGTON (Reuters) -Combative right-wing Republican Jim Jordan on Tuesday sought more time…
Bank of America’s unrealized losses on securities rose to $131.6 billion
By Saeed Azhar and Nupur Anand NEW YORK (Reuters) -Bank of America reported unrealized losses of $131.6 billion on securities…
Biden cuts China off from more Nvidia chips, expands curbs to other countries
By Alexandra Alper, Karen Freifeld and Stephen Nellis WASHINGTON (Reuters) -The Biden administration plans to halt shipments to China of…
U.S. lawmakers expect Biden spending request this week, Israel wants $10 billion – source
By Patricia Zengerle WASHINGTON (Reuters) – U.S. Senate leaders said on Tuesday they expect President Joe Biden to send them…
Netflix may hike prices after success of password-sharing crackdown
By Samrhitha A (Reuters) -Netflix’s crackdown on password-sharing likely boosted subscribers by about 6 million in the third quarter and…
Rite Aid files for bankruptcy faced with high debt, opioid lawsuits
By Abinaya V and Dietrich Knauth (Reuters) -Debt-laden U.S. drugstore chain Rite Aid filed for bankruptcy protection late on Sunday…
Oil falls more that $1 a barrel on Venezuela deal hopes
By Erwin Seba HOUSTON (Reuters) -Oil futures fell more then $1 a barrel on Monday as expectations rose the U.S.…