Bain, Abu Dhabi Buy Stake in CI Financial’s US Wealth Unit
Canadian asset manager CI Financial Corp. is selling a 20% stake in its US wealth management unit to
2023-05-11 21:53
Indian government's e-commerce network ONDC expands into 236 cities, CEO says
By Manoj Kumar NEW DELHI The Indian government's open e-commerce network ONDC has expanded its operations into 236
2023-05-11 21:49
Stock market today: Stocks dip following inflation data, drops for Disney, banks
Wall Street is dipping in early trading, weighed down by a sharp drop for Disney and flaring fears about U.S. banks
2023-05-11 21:48
GM Envolve takes direct aim at Ford's fleet business
With a new business unit introduced Wednesday, General Motors is taking direct aim at Ford Motor Co.'s lucrative fleet business. GM Envolve will work closely with large business and government fleet customers to tie them more closely to GM's other businesses.
2023-05-11 21:47
PacWest Bank shares fall 30% as crisis prompts customers to yank deposits
Shares of PacWest Bancorp fell 30% and were halted for volatility Thursday morning after the regional bank reported that customers had recently drawn down about 9.5% of total deposits.
2023-05-11 21:45
Dimon ‘So Sad’ Over JPMorgan’s Epstein Ties Ahead of Deposition
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said he regretted his bank’s ties to Jeffrey Epstein
2023-05-11 21:25
Czechs announce major pension, tax reform to rein in debt
The Czech government presented an extensive tax and pension reform on Thursday designed to curb soaring public debt due to the Covid pandemic...
2023-05-11 21:23
Deposit outflows after SVB collapse concentrated among 'super-regionals' - NY Fed study
By Howard Schneider WASHINGTON (Reuters) -Bank deposit withdrawals following the collapse of Silicon Valley Bank were concentrated in around 30
2023-05-11 21:17
U.S. weekly jobless claims jump to highest level since late 2021
WASHINGTON The number of Americans filing new claims for jobless benefits jumped last week to the highest level
2023-05-11 20:59
US jobless claims filings highest since 2021, but job market remains healthy
The number of Americans filing for jobless claims last week rose to its highest level in four months, though the labor market remains healthy by historical standards
2023-05-11 20:56
White House wants to ban use of salary history in setting pay for new federal hires
Whether one's paycheck can keep pace with inflation is always a concern. But for women, the question is also can their pay keep pace with their male peers?
2023-05-11 20:53
Turkish presidential candidate withdraws in boost to Erdogan's main challenger
A candidate in Turkey's presidential election has withdrawn from the race, a move that is likely to bolster President Recep Tayyip Erdogan’s main challenger
2023-05-11 20:49