MEXICO CITY (Reuters) -Mexico’s top court invalidated a presidential decree on Monday that declared a pair of major transport projects a matter of national security, which would have reduced civ[...]
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May 22, 2023
Zoom lifts annual forecasts even as growth slows from pandemic peaks
By Tiyashi Datta (Reuters) -Zoom Video Communications Inc on Monday raised its full-year forecasts for revenue and profit even as growth winds down from a pandemic boom and business spending slows in[...]
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JPMorgan’s Dimon says has same intensity for job, confident in management
By Nupur Anand, Lananh Nguyen and Mehnaz Yasmin NEW YORK (Reuters) -JPMorgan Chase & Co’s CEO Jamie Dimon said he leads the largest U.S. bank with the same intensity as when he was younger,[...]
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Analysis-China’s Micron ban highlights chipmakers’ dilemma as Sino-U.S. tensions grow
By Joyce Lee SEOUL (Reuters) -China’s ban on the use of U.S.-based Micron Technology’s chips in certain sectors, announced on Sunday, is a stark reminder of risks facing the global chip in[...]
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Applied Materials to invest $4 billion in Silicon Valley chip research center
By Jane Lanhee Lee and Stephen Nellis SANTA CLARA, California (Reuters) -U.S. semiconductor toolmaker Applied Materials Inc on Monday said it plans to spend up to $4 billion on a research center in th[...]
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Japan’s Mizuho expands in US banking with $550 million Greenhill deal
By Jaiveer Shekhawat (Reuters) -Mizuho Financial Group Inc will buy U.S. M&A advisory firm Greenhill & Co Inc for $550 million including debt, the companies said on Monday, as Japan’s No[...]
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PacWest shares jump after $2.6 billion real estate loan sale
By Jaiveer Shekhawat and Chibuike Oguh (Reuters) – Shares of PacWest Bancorp jumped on Monday after the troubled regional lender announced that it had agreed to sell $2.6 billion worth of real e[...]
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Treasury confirms U.S. default as early as June 1 without debt ceiling hike
By Andrea Shalal and David Lawder WASHINGTON (Reuters) – The U.S. Treasury Department reiterated Monday it expects to be able to pay the U.S. government’s bills only through June 1 without[...]
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3M CEO must attend mediation in earplug litigation, judge rules
By Dietrich Knauth (Reuters) – A federal judge has ordered 3M Co CEO Michael Roman to attend mediation aimed at resolving nearly 260,000 lawsuits alleging that 3M military earplugs caused hearin[...]
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