BEVERLY HILLS (Reuters) – Big money managers gathered at the Milken Institute Global Conference, in Beverly Hills, California, on Monday to discuss the environment for investments amid higher in[...]
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May 1, 2023
QUOTES – US Treasury’s new June 1 debt ceiling X-date
WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said in a letter to Congress that the agency may be unable to meet all of its debt obligations as soon as June 1 if the debt ceiling i[...]
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South Korea finance minister: South Korea, Japan, China cooperation more important as world economy at inflection point
INCHEON, South Korea (Reuters) – South Korea’s finance minister said on Tuesday that the trilateral cooperation between South Korea, Japan and China has became more important as the global[...]
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Ford wins reversal of $105 million trade secrets verdict
By Jonathan Stempel (Reuters) – A federal judge in Detroit on Monday threw out a jury verdict ordering Ford Motor Co to pay Versata Software Inc $104.6 million for breaching a 2004 licensing con[...]
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Labour market ‘churn’ ahead with a quarter of jobs changing by 2027 – survey
GENEVA(Reuters) – Around a quarter of jobs are set to change in the next five years, according to a survey of employers published on Monday by the World Economic Forum (WEF), the organisation kn[...]
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Judge says JPMorgan could be liable for Epstein sex trafficking if Staley knew about it
By Jonathan Stempel NEW YORK (Reuters) – JPMorgan Chase & Co could be liable to women who accused Jeffrey Epstein of sexual abuse if they can show that former executive Jes Staley had first-[...]
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Morgan Stanley to cut 3,000 jobs in second quarter – source
(Reuters) -Morgan Stanley is planning to eliminate about 3,000 jobs in the second quarter, a source told Reuters on Monday, in its second round of job cuts in six months. Slow dealmaking and a tough e[...]
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Wall Street near flat after First Republic news, awaiting Fed
By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks ended little changed on Monday as investors took in the weekend auction of First Republic Bank and braced for this week’s expected[...]
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Florida board picked by DeSantis countersues Disney
By Dawn Chmielewski and Tom Hals (Reuters) – A district board appointed by Florida Governor Ron DeSantis to oversee development around Walt Disney Co’s Florida theme parks sued the company[...]
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