Recovery of US bank failure fund ahead of schedule, FDIC says
(Reuters) – The U.S. government fund that backstops nearly $10 trillion in insured bank deposits is recovering ahead of schedule…
2024
US sanctions Chinese, Russians over attack drones used in Ukraine
By Trevor Hunnicutt and Doina Chiacu WASHINGTON (Reuters) – The United States on Thursday sanctioned two Chinese companies and a…
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 around $15 billion with common…
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. prosecutors to pay at least…
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 computer chip equipment maker ASML,…
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 Wednesday requiring businesses to make…
China may raise $850 billion in new debt over three years to spur growth, says report
By Kevin Yao and Liangping Gao BEIJING (Reuters) – China may raise an additional 6 trillion yuan ($850 billion) from…
UnitedHealth forecasts 2025 profit below Street estimates, shares fall
(Reuters) – UnitedHealth Group provided a 2025 profit forecast below Wall Street estimates on Tuesday, saying it expects pressure across…
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 would shut 1,200 stores over…
ASML cuts sales forecasts in Q3 earnings published early; shares plummet
By Toby Sterling and Nathan Vifflin AMSTERDAM (Reuters) -Computer chip equipment maker ASML reported on Tuesday third-quarter earnings that surprised…