Dem State Rep Stripped Of Leadership Roles Until Further Notice After Crash And DUI Arrest Trevor Schakohl on March 17, 2023 Democratic Connecticut State House Speaker Matt Ritter said he …
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Pacific Western Bank faced ‘elevated’ withdrawals after bank failures
by Reutersby Reuters(Reuters) – Pacific Western Bank, a unit of PacWest Bankcorp, said on Friday it had witnessed ‘elevated’ withdrawals following the collapses of Silicon Valley Bank and Signature Bank, but deposit …
- Business News
HR startup Rippling raises $500 million in fresh funding after SVB collapse
by Reutersby ReutersBy Krystal Hu and Niket Nishant (Reuters) -HR and payment software startup Rippling said on Friday it has raised $500 million in a new funding round initially intended to help …
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Two suspects die after resisting CBP efforts to inspect their vessel; 804 kg of narcotics found aboard.
On January 14, 2023, the Caribbean Air and Marine Operations Center detected a suspected target of interest north of Fajardo, Puerto Rico, and continued to monitor the suspect vessel as …
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Smugglers ‘Melon-choly’ After CBP Officers Intercept Over $1.5 Million Worth of Cocaine Concealed in Watermelon Shipment
CALEXICO, Calif. – U.S. Customs and Border Protection (CBP) officers at the Calexico East Cargo Facility intercepted over $1.5 million worth of cocaine concealed within a shipment of watermelons. CBP …
- US and World News
U.S. resumes drone flights over Black Sea after Russia intercept
by Reutersby ReutersWASHINGTON (Reuters) – The United States has resumed surveillance drone flights over the Black Sea region following a Russian fighter jet intercept on Tuesday that led to the downing of …
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Dem Lawmakers Propose More Aid To First Responders After Train Derailments
Dem Lawmakers Propose More Aid To First Responders After Train Derailments Alexa Schwerha on March 16, 2023 Several Democratic senators will introduce a bill Thursday to provide aid to local …
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Conservative Group Scores Victory After Legal Pressure Forces University To Approve Controversial Event
Conservative Group Scores Victory After Legal Pressure Forces University To Approve Controversial Event Alexa Schwerha on March 16, 2023 Purdue University approved a student group’s event featuring a conservative commentator …
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Chicago Police Chief Leaves Office After More Than Two Years Of Surging Crime
Chicago Police Chief Leaves Office After More Than Two Years Of Surging Crime Trevor Schakohl on March 16, 2023 Chicago Police Department (CPD) Superintendent David Brown officially left office Thursday, …
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Five students hospitalized after eating marijuana laced gummies
Lorenzo Prieto on March 16, 2023 LOS ANGELES, CA – Five students were hospitalized on Wednesday afternoon after ingesting what California authorities believe to be marijuana gummies at a school …
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By Iain Withers, Elizabeth Howcroft and Martin Coulter LONDON (Reuters) – British banks are seeing a pick-up in enquiries to switch cash between institutions after the collapse of U.S. tech …
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Carl Icahn urges Fed to keep fighting inflation after SVB collapse – FT
by Reutersby Reuters(Reuters) – Activist investor Carl Icahn has urged the U.S. Federal Reserve to stay the course in the fight against the “disease of inflation” despite the failure of Silicon Valley …
- US and World News
Americanas’ ex-chief testifies before watchdog after accounting scandal -source
by Reutersby ReutersRIO DE JANEIRO (Reuters) – The former chief executive of scandal-hit Brazilian retailer Americanas SA testified on Thursday at the country’s securities watchdog, a source familiar with the matter said, …
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Argentina hikes interest rate 300 basis points after inflation breaks 100% barrier
by Reutersby ReutersBy Jorge Otaola BUENOS AIRES (Reuters) – Argentina’s central bank board said it agreed to hike the country’s benchmark interest rate by 300 basis points to 78% on Thursday after …
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Canada should support startups after SVB collapse, says lobby group
by Reutersby ReutersTORONTO (Reuters) – A lobby group for Canada’s venture capital and private equity funds is asking Prime Minister Justin Trudeau’s government to provide emergency financing to help startups hit by …
- Business News
After SVB collapse, rating agencies back banks to cope with rate pressures
by Reutersby ReutersBy Lawrence White and Marc Jones LONDON (Reuters) – Banks should largely be able to cope with “unrealised losses” on bonds and the collapse of Silicon Valley Bank, top credit …
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Audi to bring back lower-priced models as chip shortages ease after bumper 2022
by Reutersby Reuters(Reuters) – Volkswagen-owned Audi forecast sizeable revenue growth in 2023 to 69-72 billion euros ($149.53 billion) from 61.8 billion last year, but expects a more conservative earnings margin as higher …
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By Josh Ye HONG KONG (Reuters) – Chinese ride-hailing company Didi Global plans to expand services and offer more subsidies to passengers and drivers, it said on Thursday, looking to …
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After strategic 787 wins, Boeing jet battle shifts to factory floor
by Reutersby ReutersBy Valerie Insinna and Tim Hepher (Reuters) – A major purchase by Saudi Arabia caps sales of almost 200 Dreamliners over the past four months, handing Boeing Co major industrial …
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School Apologizes After Palestinian Activist Goes Off Script On An Anti-Israel Tangent During ‘Diversity Event’
School Apologizes After Palestinian Activist Goes Off Script On An Anti-Israel Tangent During ‘Diversity Event’ Kate Anderson on March 15, 2023 A principal at a Michigan high school recently addressed …
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Trading in big bond markets becomes challenging after bank rout – traders
by Reutersby ReutersBy Yoruk Bahceli and Harry Robertson (Reuters) – Banking turmoil on both sides of the Atlantic prompting the sharpest daily moves in decades in big government bond markets has made …
- Business News
Peru’s economy shrank in January after nearly two years of growth
by Reutersby Reuters(Reuters) – Peru’s gross domestic product contracted 1.12% in January compared with the same month a year before, official data showed on Wednesday, marking the first contraction in 22 months …
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(Reuters) – Goldman Sachs on Wednesday lowered its forecast for fourth-quarter U.S. gross domestic product (GDP) growth, citing risks to the lending environment as smaller banks pull back on loans …
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LONDON (Reuters) – JPMorgan’s strategists ratcheted up the investment bank’s “underweight” recommendation on equities on Wednesday and urged switching into cash following the market rout caused by Silicon Valley Bank’s …
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New Jersey bill seeks to ban abortion after 20 weeks
TRENTON, NJ – A bill has been sponsored by New Jersey Republicans seeking to ban the abortion of fetuses after 20 weeks of pregnancy. Dubbed the “Pain-Capable Unborn Child Protection …