News
Trump chooses not to testify in rape trial
Donald Trump has decided not to testify in the trial of a New York author’s lawsuit claiming he raped her...
Uber beats earnings expectations amid rising demand for rides, food
Uber Technologies Inc. shares surged after the company reported earnings that beat analysts’ estimates, showing that consumers continue to spend...
Meta Platforms raises $8.5 billion in second bond sale
Meta Platforms Inc. emerged as the first mega-cap technology company to tap the US investment-grade bond market amid turmoil in...
First Republic collapse: More bank failures likely, analyst says
First Republic Bank was seized by federal regulators on Monday, and its operations were sold to JPMorgan Chase, making it the...
Morgan Stanley to cut 3,000 jobs
Morgan Stanley is planning to eliminate about 3,000 jobs in the second quarter, a source told Reuters on Monday, in...
US mulls more business deposit insurance in wake of bank failures
A top US regulator wants a sweeping overhaul of deposit insurance after recent bank failures partly drained a pool of...
Federal Reserve expected to raise rates again
Federal Reserve policymakers are about to extend their year-long campaign of raising interest rates to beat back still-stubborn inflation, even...
Softbank’s chip maker Arm prepares IPO
SoftBank Group Corp's chip maker Arm Ltd has filed with regulators confidentially for a US stock market listing, people familiar...
First Republic’s fate uncertain as stocks tumble
First Republic Bank’s week of harrowing stock drops and urgent work toward a deal to shore up its balance sheet...
Intel to return to full manufacturing capacity, confident of stronger second half
Intel Corp. shares jumped after the embattled chipmaker promised a recovery in the second half, leading investors to look past...
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