‘Insulting’: Congressional Spending Bill Cuts Out Series Of Border Security Provisions Jake Smith on March 21, 2024 The congressional spending bill introduced on Thursday lacks funding for several border policies …
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Defense Spending Bill Cuts Diversity Programs, But Leaves Out Provisions Blocking Trans Procedures, Abortion Funding Micaela Burrow on March 21, 2024 The defense spending bill unveiled in the House early …
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(Reuters) – Capital One Financial posted a 43% drop in its fourth-quarter profit on Thursday, as the credit card lender set aside more funds to cover souring loans and recorded …
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By Nivedita Balu TORONTO (Reuters) – Canada’s big banks are preparing to set aside more rainy-day funds in the new fiscal year to deal with rising bad debts as their …
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By Kirsty Needham SYDNEY (Reuters) – Australia’s government on Friday welcomed signs that a U.S. defense spending bill which would authorise the sale of nuclear submarines to Australia is set …
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By Steven Scheer JERUSALEM (Reuters) – Bank Leumi, Israel’s largest lender, reported a slight dip in third-quarter net profit as its provisions against loan defaults jumped tenfold due to the …
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By Nivedita Balu TORONTO (Reuters) – Canada’s big banks are likely to wrap up a challenging financial year with another quarter of declining profits and rising bad debt provisions amid …
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Federal Court Torpedoes Key Provisions Of Voting Rights Act Arjun Singh on November 20, 2023 A federal appeals court ruled Monday that individuals cannot sue their state governments for violations …
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(Reuters) – Toronto-Dominion Bank on Thursday reported a drop in third-quarter profit as the Canadian lender set aside more rainy-day funds to cover losses from borrowers who might fall behind …
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Few Provisions Blocking Left-Wing Social Policies Squeak Through Senate’s Defense Bill Micaela Burrow on July 28, 2023 A completed Senate draft of the defense policy bill for 2024 scored a …
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(Reuters) – KeyCorp reported on Thursday a bigger-than-expected 50% fall in quarterly profit, as it set aside more rainy day funds amid growing economic uncertainties. Shares of the company fell …
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Senate GOP Works In Anti-‘Woke’ Provisions To Defense Bill Despite Democrat Majority Micaela Burrow on June 23, 2023 The Senate Armed Services Committee passed a defense policy bill that includes …
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(Reuters) – Consumer lender Capital One Financial Corp’s first-quarter profit missed estimates on Thursday due to an increase in provisions that reduced gains from interest rate hikes. The Federal Reserve’s …
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(Reuters) – Zions Bancorporation missed estimates for quarterly profit on Wednesday as higher provisions to cover loan losses offset the impact of rising rates on its interest income. Shares of …
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(Reuters) – Bank of Nova Scotia (Scotiabank) reported a lower first-quarter profit on Tuesday, as a lull in its investment banking division dented income from its capital markets unit and …
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(Reuters) – Westpac Banking Corp said on Friday its common equity tier-1 ratio in the first quarter fell sequentially as the lender increased provisions for bad debts. The bank did …
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By Gabriel Araujo SAO PAULO (Reuters) – Banco BTG Pactual SA on Monday became the latest Brazilian lender to be affected by bad credit provisions due to what it called …
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‘False Narrative’: Final Version Of Defense Bill Scraps Dem-Backed Provisions To Counter Extremism In Military, US Micaela Burrow on December 15, 2022 The final National Defense Authorization Act (NDAA) strips …
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(Reuters) – National Bank of Canada posted a lower fourth-quarter profit on Wednesday, as the Canadian lender set aside higher provisions in the face of an economic downturn. The company …
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FRANKFURT (Reuters) -The president of Germany’s financial regulator, Mark Branson, on Monday called on banks to increase their risk provisions while earnings are strong. Branson, speaking at a conference in …
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MADRID (Reuters) – Banks in the euro zone will have to raise provisions to cope with the consequences of the economic slowdown due to the fallout from Russia’s war in …
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WASHINGTON – U.S. Senate Democratic leader Chuck Schumer said on Thursday that Democrats would add provisions on insulin to the energy, tax and prescription drug bill they are aiming to …
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By David Shepardson WASHINGTON – The largest U.S. labor organization said on Monday it wants lawmakers negotiating a measure to boost funding for semiconductor chips production and U.S. competitiveness to …
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By Jesús Aguado MADRID – Spain’s Sabadell on Thursday hit its profitability target of more than 6% earlier than expected following cost savings, lower provisions and a positive contribution from …
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STOCKHOLM – Swedish banking group Swedbank on Thursday reported slightly better-than-expected net profit for the quarter but said a potential interruption of Russian gas deliveries to Europe would have an …