Inside White House meeting on debt ceiling: Intractable positions and no new ground
In a lengthy meeting at the White House Tuesday, leaders struggled to break any new ground on debt ceiling negotiations with a source familiar telling CNN that leaders repeated over and over again the same positions privately that have become a common refrain in public.
2023-05-10 20:23
First Citizens Deposits Beat Estimates in Wake of SVB Deal
First Citizens BancShares Inc.’s deposits surpassed estimates following its rescue deal for Silicon Valley Bank after a run
2023-05-10 19:59
Japan, South Korea partnership funds to go to chips, energy
Top business leaders from Japan and South Korea will use a fund meant to underscore the two countries’ burgeoning ties to strengthen their cooperation in energy, industry and other sectors
2023-05-10 19:58
CEO-led consortium to take Franchise Group private in $2.6 billion deal
Vitamin Shoppe owner Franchise Group Inc would be taken private by a management group led by CEO Brian
2023-05-10 19:56
Disney board axed X-rated, liquor stores; forgot about jails
Before allies of Gov. Ron DeSantis took over, Disney World’s governing district reached an agreement in February with the company to prohibit a long list of businesses from ever being operated on its property
2023-05-10 19:51
Airbnb tumbles as forecast hints at easing U.S. travel demand
Airbnb's shares slid 13% before the bell on Wednesday after the top vacation rental firm issued a gloomy
2023-05-10 19:50
Wall Street is strangely calm about the debt ceiling. That could all change this month
Dire warnings about the economic chaos and catastrophe that will ensue if the US debt ceiling isn't lifted soon abound. Still, markets remain rather sanguine about the Washington drama.
2023-05-10 19:49
Premiums Commanded by Dirty Crude Are Surprising Oil Traders
Asian and European oil buyers are having to pay hefty prices for lower-quality, dirtier crudes as sanctions on
2023-05-10 19:46
Biden to hammer Republican budget cuts which target his student loan forgiveness plans
When President Joe Biden speaks at a community college in New York on Wednesday, he's expected to hit Republicans hard for budget cuts they are demanding as part of their bill to raise the debt ceiling.
2023-05-10 19:26
Futures lower as focus shifts to inflation data
U.S. stock index futures were lower on Wednesday as investors awaited a key reading on inflation to see
2023-05-10 19:23
New York Times misses revenue estimates as ad spending slows
(Reuters) -The New York Times Co missed quarterly revenue estimates on Wednesday as recession-wary businesses slashed spending on digital ads
2023-05-10 19:21
Investment consortium to buy Syneos Health in $7.1 billion deal
An investment consortium, comprising of Elliott Investment Management, Patient Square Capital and Veritas Capital, has agreed to buy
2023-05-10 19:15