By Pete Schroeder and Chris Prentice WASHINGTON (Reuters) -The Federal Reserve said on Wednesday it fined Deutsche Bank and its U.S. affiliates $186 million for failing to sufficiently address money l[...]
Read more
Uncategorized
UPS to sweeten offer as Teamsters-represented workers prepare to strike
By Lisa Baertlein and Priyamvada C (Reuters) – United Parcel Service on Wednesday said it would return to the bargaining table with a better offer for roughly 340,000 Teamsters-represented U.S.[...]
Read more
Global stocks, dollar gain as UK cooling inflation lifts sentiment
By Herbert Lash NEW YORK (Reuters) -Global stocks rose and the dollar strengthened on Wednesday after a surprise cooling of British inflation bolstered the risk-off mood across markets that anticipate[...]
Read more
US House panel looks to revive legislation on self-driving cars
By David Shepardson WASHINGTON (Reuters) -U.S. lawmakers will look to jump start long-stalled legislation on the safe and regulated adoption of self-driving cars at a congressional hearing on July 26.[...]
Read more
US SEC accepts six spot bitcoin ETF proposals for review
By Hannah Lang (Reuters) – The U.S. Securities and Exchange Commission (SEC) has accepted applications to create spot bitcoin exchange-traded funds from six firms including BlackRock for review,[...]
Read more
Move over, bitcoin: El Salvador sovereign bonds not done rallying
By Rodrigo Campos NEW YORK (Reuters) -Investors in El Salvador international bonds are relishing 60% returns this year alone as debt issued by the Central American country recovers from calls of doom[...]
Read more
Mexico announces reparation plan at local Goodyear plant
MEXICO CITY (Reuters) -Mexico announced on Tuesday it reached an agreement with the United States on a reparation plan for a Goodyear Tire & Rubber Co plant, following a request made by Washington[...]
Read more
Northern Trust shares jump after smaller-than-expected drop in Q2 net interest income
By Chibuike Oguh (Reuters) -The shares of Northern Trust jumped by more than 14% on Wednesday after the asset and wealth manager reported a smaller-than-expected drop in second quarter net interest in[...]
Read more
Dollar gains as pound tumbles on cooling UK inflation
By Karen Brettell NEW YORK (Reuters) – The U.S. dollar bounced on Wednesday after inflation in the United Kingdom cooled more than economists expected in June, sending the pound sharply lower ag[...]
Read more