ZURICH (Reuters) – Preliminary findings in an eagerly awaited parliamentary report into the 2023 collapse of Credit Suisse have identified serious failings by Swiss regulatory authorities leadin[...]
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July 15, 2024
In the Market: How regulators are using banks to illuminate shadow banks
By Paritosh Bansal (Reuters) -The Federal Reserve has proposed new rules that would allow it to gather granular details about banks’ exposure to shadow banks, a move that shows how regulators ar[...]
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US importers balk at return of $10,000 container shipping rate
By Lisa Baertlein LOS ANGELES (Reuters) – The cost to ship a standard 40-foot container of toys, auto parts or other goods from Shanghai to New York has jumped to nearly $10,000, fueling frustra[...]
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OpenAI working on new reasoning technology under code name ‘Strawberry’
By Anna Tong and Katie Paul -ChatGPT maker OpenAI is working on a novel approach to its artificial intelligence models in a project code-named “Strawberry,” according to a person familiar with the mat[...]
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RTX unit Pratt & Whitney completes preliminary design review of engine upgrade
(Reuters) – RTX Corp’s Pratt & Whitney said on Monday it has completed the preliminary design review for an engine upgrade to increase durability and performance in all three variants[...]
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Analysis-Nvidia investor dilemma: how much is too much in a stock portfolio?
By David Randall NEW YORK (Reuters) – Outsized positions in artificial intelligence darling Nvidia have boosted portfolio managers’ returns this year but the bets stand to magnify risk if[...]
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US office delinquencies ticked higher in June, ratings agencies say
(This July 12 story has been corrected to fix the attribution of the July 3 report to Moody’s Ratings in paragraph 8) By Matt Tracy (Reuters) – The delinquency rate among U.S. office loans[...]
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OpenAI whistleblowers ask SEC to investigate alleged restrictive non-disclosure agreements
By Chandni Shah (Reuters) -OpenAI whistleblowers have filed a complaint with the U.S. Securities and Exchange Commission, calling for an investigation over the artificial intelligence company’s[...]
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Aviation Capital finalizes order for 35 Boeing 737 MAX jets
(Reuters) – Aircraft lessor Aviation Capital Group has finalized an order for 35 Boeing 737 MAX jets, the companies said on Monday. The statement did not contain more details of the order that c[...]
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