By Nupur Anand and Lananh Nguyen NEW YORK (Reuters) – JPMorgan Chase & Co’s President and Chief Operating Officer Daniel Pinto said loan demand is declining at a time when regional and[...]
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June 2, 2023
GM CEO stands by her bet on autonomous vehicles
DETROIT (Reuters) – General Motors Co Chief Executive Mary Barra had a message on Friday for investors and rivals who see no profitable future in autonomous vehicles: You’re wrong. Barra t[...]
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Exchange operator Cboe launches global listing offering
NEW YORK (Reuters) – Exchange operator Cboe Global Markets said on Friday it will let companies list across its U.S. and international exchanges, expanding in a fiercely competitive field domina[...]
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US debt ceiling deal strands $16 billion of defense side-projects
By Mike Stone and Patricia Zengerle WASHINGTON (Reuters) – A $16 billion list of lower-priority defense items like tanks, helicopter upgrades and a ship, that would normally be paid for as part[...]
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Exclusive-Stellantis, GM pay $363 million in US fuel economy penalties
By David Shepardson WASHINGTON (Reuters) -Chrysler parent Stellantis and General Motors paid a total of $363 million in civil penalties for failing to meet U.S. fuel economy requirements for prior mod[...]
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UBS CEO warns of painful jobs decisions after Credit Suisse takeover
By John Revill BERN (Reuters) -UBS Chief Executive Sergio Ermotti on Friday warned of painful decisions about job cuts following the takeover of Credit Suisse, which he said he hoped would be formalis[...]
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US auto safety agency fails to meet internal timelines in defect probes -report
By David Shepardson WASHINGTON (Reuters) -The U.S. auto safety regulator routinely fails to meet its internal timelines for completing auto safety defect investigations, a government report released o[...]
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Renault customers to lodge criminal complaint in France over faulty engines
PARIS (Reuters) – Renault could face prosecution in France over faulty engines as a group of customers plans to lodge a criminal complaint against the carmaker next week, the group’s lawye[...]
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Crypto insurer Evertas authorized to offer largest single crypto insurance policy
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – London-based Arch Insurance International has authorized cryptocurrency insurer Evertas to increase the coverage limit for a single policy to $42[...]
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