By Dietrich Knauth NEW YORK (Reuters) – The International Brotherhood of Teamsters on Tuesday called for changes to U.S. bankruptcy laws following the Chapter 11 filing of freight trucking compa[...]
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August 8, 2023
Marketmind: China seen sliding into deflation
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. The first round of top-tier Chinese economic data this week was a blow fo[...]
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US regulators fine Wall Street firms $549 million in latest texting probe
By Chris Prentice WASHINGTON (Reuters) -U.S. regulators on Tuesday fined nine Wall Street companies, including Wells Fargo, BNP Paribas and Société Générale $549 million over employees’ use of p[...]
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Disney’s ESPN inks $2 billion deal with Penn to launch sports betting business
(Reuters) -Walt Disney’s ESPN and casino-owner Penn Entertainment have agreed to jointly launch a sports betting business under the brand ESPN Bet, the two companies said on Tuesday. Shares of P[...]
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Oil edges up on higher US economic growth outlook; China import slump weighs
By Stephanie Kelly NEW YORK (Reuters) -Oil prices edged higher on Tuesday as a U.S. government agency projected a rosier outlook on the economy, but bearish data on China’s crude imports and exp[...]
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Southwest will appeal judge’s ruling requiring ‘religious liberty training’
By Daniel Wiessner (Reuters) -Southwest Airlines Co on Tuesday said it will appeal a Texas federal judge’s unusual order requiring three of its senior lawyers to attend “religious liberty[...]
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Google makes emergency request to block Texas antitrust lawsuit move
By Diane Bartz WASHINGTON (Reuters) – Google asked a U.S. appeals court in New York on Tuesday to pause a decision to return an antitrust lawsuit filed by the state of Texas back to federal cour[...]
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US Fed clarifies process for banks to transact in stablecoins
By Hannah Lang (Reuters) -State banks that are a member of the U.S. Federal Reserve system should obtain a written supervisory nonobjection from the Fed before issuing, holding or transacting in dolla[...]
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Moody’s says US banks are still strong despite downgrades
By Lananh Nguyen and Tatiana Bautzer NEW YORK (Reuters) – Ratings agency Moody’s said the U.S. banking sector is still strong even after it downgraded some small- to mid-sized lenders and[...]
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