Fed penalizes Evolve Bank for failing to manage fintech partnership risk
By Hannah Lang and Pete Schroeder WASHINGTON (Reuters) – The Federal Reserve announced Friday it had ordered Evolve Bancorp Inc…
Year: 2024
Fed’s Kashkari says it’s ‘reasonable’ to predict December rate cut
By Ann Saphir (Reuters) -Minneapolis Federal Reserve President Neel Kashkari on Sunday said it’s a “reasonable prediction” that the U.S.…
Exclusive-Boeing tells suppliers it is slowing 737 output goal by 3 months, sources say
By Allison Lampert and Tim Hepher (Reuters) -Boeing has told suppliers it is delaying a key production milestone for its…
Novo Nordisk CEO to testify in US Senate hearing on high cost of Ozempic, Wegovy
(Reuters) -The Senate Committee on Health, Education, Labor, and Pensions said on Friday that Novo Nordisk CEO Lars Jorgensen has…
G7 confronts China on commerce, pope talks about AI
By Andrea Shalal and John Irish BORGO EGNAZIA, Italy (Reuters) -Pope Francis made an historic appearance at the Group of…
OpenAI CEO says company could become benefit corporation- The Information
(Reuters) -OpenAI CEO Sam Altman told some shareholders that the company is considering changing its governance structure to a for-profit…
Coca-Cola, Starbucks file to extend trademarks in Russia, newspaper reports
(Reuters) -Coca-Cola and Starbucks have applied to re-register their trademarks in Russia to protect their intellectual property rights after exiting…
Google loses bid to end US antitrust case over digital advertising
By Jody Godoy (Reuters) – Alphabet’s Google must face trial on U.S. antitrust enforcers’ claim that the internet search juggernaut…
Exclusive-US to impose sanctions on Israeli group that attacked Gaza aid
By Simon Lewis WASHINGTON (Reuters) – Washington will impose sanctions on an Israeli group on Friday for attacking humanitarian aid…
Ukraine dismisses Putin’s ceasefire conditions as ‘absurd’
By Max Hunder KYIV (Reuters) – Ukraine dismissed ceasefire conditions announced by Russian President Vladimir Putin on Friday as “absurd”,…