By Helen Coster (Reuters) – Dominion Voting Systems’ defamation lawsuit against Fox, which resulted in Tuesday’s $787.5 million settlement, is part of a broader legal campaign by the compa[...]
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April 19, 2023
Western Alliance stock surges as results allay deposit fears
By Noel Randewich (Reuters) – Shares of Western Alliance Bancorp surged 24% on Wednesday after the U.S. regional bank posted stronger-than-expected earnings and said its deposits had stabilized,[...]
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Credit Suisse bankers jostle for slim pickings at UBS –sources
By Julie Zhu, Valentina Za, Scott Murdoch and Amy-Jo Crowley HONG KONG/LONDON (Reuters) -Credit Suisse Group AG’s dealmakers, hoping to secure jobs after UBS Group AG’s rescue takeover, ar[...]
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US House committee votes to repeal Biden solar panel policy
By Nichola Groom (Reuters) – A U.S. House of Representatives committee voted in favor of restoring tariffs on solar panels from four Southeast Asian nations on Wednesday and reversing President[...]
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Seattle airport, Alaska Air and Delta sued over jet pollution
By Clark Mindock (Reuters) – Neighbors of Seattle-Tacoma International Airport on Wednesday sued the airport’s operator and two airlines over jet pollution they said is making them sick an[...]
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Stocks fall, yields climb on rate hike view
By Chuck Mikolajczak NEW YORK (Reuters) – A gauge of global stocks slipped on Wednesday after back-to-back gains as investors digested the latest earnings reports, while Treasury yields climbed[...]
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U.S. banking regulator warns ‘open banking’ could impact deposit outflows
By Hannah Lang (Reuters) – The evolution of “open banking” in the U.S. could impact how regulators supervise banks, as seamless account portability between financial institutions cou[...]
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Meta lays off tech teams, battering employee morale
By Katie Paul and Yuvraj Malik (Reuters) – Meta Platforms Inc on Wednesday carried out another round of job cuts, this time hitting engineers and adjacent tech teams, as Chief Executive Mark Zuc[...]
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Nasdaq profit beats expectations, helped by anti-financial crime unit
(Reuters) -Nasdaq Inc on Wednesday reported first-quarter profits that beat Wall Street estimates as demand for its anti-financial crime software helped mitigate a hit to the exchange operator’s[...]
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