Author Archives: Syndicated Content
Mexican president backs plan to ditch transparency institute
MEXICO CITY (Reuters) - Mexican President Andres Manuel Lopez Obrador on Friday backed a proposal to scrap Mexico's freedom of information body, adding it to a planned bonfire of autonomous watchdogs ...
Apr 28, 2023
U.S. regulator set to take over First Republic-source
NEW YORK (Reuters) - The U.S. Federal Deposit Insurance Corporation (FDIC) is preparing to place First Republic under receivership imminently, a person familiar with the matter said on Friday. The U.S...
Apr 28, 2023
Lyft asks employees to come to office more regularly
(Reuters) - Lyft Inc said on Friday it has asked employees to return to office, the latest move by new CEO David Risher after the ride-hailing firm decided to cut 26% of its workforce. "Today, (the CE...
Apr 28, 2023
First Republic options draw bears, though cashing in could be a problem
By Saqib Iqbal Ahmed and Laura Matthews NEW YORK (Reuters) - Bearish options traders are ramping up bets on further declines in the beaten-down shares of First Republic Bank, though strategists say th...
Apr 28, 2023
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 regulatory and supervisory reforms" that President Joe ...
Apr 28, 2023
Exxon, Chevron split over how to manage rising cash piles
By Sabrina Valle and Arunima Kumar HOUSTON (Reuters) - The two largest U.S. oil companies - Exxon Mobil Corp and Chevron Corp - are minting cash from booming oil and gas operations, but are splitting ...
Apr 28, 2023
Supervisory staff shortages come into focus in Fed, FDIC reviews of failed banks
By Hannah Lang (Reuters) - Among the key findings revealed on Friday in the Federal Reserve and Federal Deposit Insurance Corp assessments of the causes of last month's two huge U.S. bank failures, on...
Apr 28, 2023
SEC looks down on UpToken, imposes crypto fines
By Jonathan Stempel (Reuters) - The U.S. Securities and Exchange Commission has fined Seattle-based Coinme and related defendants nearly $4 million for conducting an unregistered and misleading offeri...
Apr 28, 2023
Peru sends military to Chile border to block undocumented migrants
LIMA (Reuters) - Some 700 Peruvian soldiers and police officers will reinforce its southern border with Chile to prevent the entry of undocumented migrants, Peruvian authorities said on Friday, amid d...
Apr 28, 2023
Obama, Spielberg and Springsteen delight Barcelona restaurant staff
MADRID (Reuters) - People in Barcelona had to do a double take on Friday when former President Barack Obama, Michelle Obama and film maker Steven Spielberg joined the throngs of tourists to visit some...
Apr 28, 2023
