Recovery of US bank failure fund ahead of schedule, FDIC says
Hidden Values Daily (Reuters) – The U.S. government fund that backstops nearly $10 trillion in insured bank deposits...
October 2024
Meta’s oversight board seeks public comments on hate speech moderation
By Supantha Mukherjee STOCKHOLM (Reuters) – Facebook owner Meta’s Oversight Board on Thursday invited comments...
FTC takes on subscription traps with ‘click to cancel’ rule
By Jody Godoy (Reuters) – The U.S. Federal Trade Commission adopted a final rule on...
McKinsey nears $500 million settlement with DOJ over opioid probe, Bloomberg News reports
(Reuters) – Consulting giant McKinsey & Co. is close to reaching a deal with U.S....
ASML draws investor scrutiny after warning shocks global chip markets
By Toby Sterling and Nathan Vifflin AMSTERDAM (Reuters) -Investors and analysts are looking sceptically at...
Boeing closes in on $15 billion financing via stock, hybrid bonds
By Shankar Ramakrishnan, Echo Wang (Reuters) -Boeing is closing in on a plan to raise...
Progressive’s quarterly profit more than doubles on strong insurance demand
(Reuters) – Progressive Corp said on Tuesday its third-quarter profit more than doubled, driven by...
Intel, AMD team up to confront rising challenge from Arm
By Stephen Nellis (Reuters) – Intel and Advanced Micro Devices on Tuesday said they are...
Trump Media extends rebound in one of its heaviest trading sessions
(Reuters) – Shares of former U.S. President Donald Trump’s media company surged 6% on Tuesday...
Walgreens to shut 1,200 stores as CEO Wentworth seeks turnaround
By Manas Mishra and Sneha S K (Reuters) -Walgreens Boots Alliance said on Tuesday it...