
PacWest merges with Banc of California in all-stock deal
Banc of California and PacWest Bancorp on Tuesday announced an all-stock merger with a $400 million equity raise
2023-07-26 04:27

Mark Zuckerberg Faces House Judiciary Vote on Contempt of Congress Citation
Republicans on the House Judiciary Committee are preparing a contempt citation against Meta Chief Executive Officer Mark Zuckerberg
2023-07-26 03:54

Banc of California in talks to buy PacWest Bancorp - WSJ
Banc of California is in advanced talks to buy PacWest Bancorp, the Wall Street Journal reported on Tuesday,
2023-07-26 02:51

LVMH’s US Weakness Weighs on Sales as China Rebounds
LVMH’s US sales declined in the second quarter as a sluggish economy deterred some shoppers from buying its
2023-07-26 02:47

Deutsche Bank Unveils $500 Million Buyback in Payout Push
Deutsche Bank AG will resume share buybacks of as much as €450 million ($500 million) this year, part
2023-07-26 02:46

Bitcoin Retreat Puts Crypto’s 2023 Lead Over Stocks in Jeopardy
The crypto market’s once-handsome 2023 lead over stocks is cracking as Bitcoin holds a retreat below $30,000. The
2023-07-26 02:24

Biden cancels $130 million in debt for students who attended Colorado college
U.S. President Joe Biden said on Tuesday his administration was canceling $130 million in debt for 7,400 student
2023-07-26 01:49

UPS reaches deal with union Teamsters to avert strike
The agreement raises starting pay for part-time staff to $21 (£16.31) an hour.
2023-07-26 01:47

Billionaire Leon Black made a $158 million payment to Jeffrey Epstein. Senators want to know why
The Senate Finance Committee is looking into whether billionaire investor Leon Black's $158 million payment to disgraced financier Jeffrey Epstein was part of a greater strategy to avoid paying over $1 billion in federal gift and estate taxes.
2023-07-26 01:23

Biden Criticizes Those Who ‘Bury History’ in Rebuke to DeSantis
President Joe Biden criticized what he said were efforts to restrict the teaching of US history, delivering a
2023-07-26 01:22

Nigerian Central Bank Raises Rates in First Test of Independence
Nigeria’s central bank extended its longest phase of monetary tightening to tame inflation, disregarding a call by President
2023-07-26 01:15

UPS and Teamsters Union reach tentative labor deal
(Reuters) -UPS has reached a tentative five-year labor deal with the Teamsters Union that represents about 340,000 U.S. workers at
2023-07-26 00:59