Ex-First Republic CEO blames contagion for bank's collapse
The former chief executive of the First Republic Bank Michael Roffler blamed the bank's collapse on the contagion
2023-05-17 13:25
Commerzbank doubles quarterly profit, helped by higher interest rates
FRANKFURT Germany's Commerzbank said on Wednesday that net profit nearly doubled in the first quarter, a better-than-expected result
2023-05-17 13:22
Virgin Orbit enters $17 million 'stalking horse' bid to sell aircraft assets
(Reuters) -Bankrupt satellite launch company Virgin Orbit said on Tuesday it entered into a "stalking horse" agreement with Stratolaunch to
2023-05-17 13:19
Missouri attorney general drops controversial emergency rule that would have banned gender-affirming care for children and many adults
A controversial emergency rule to ban gender-affirming care for minors and most adults in the state of Missouri was withdrawn Tuesday by the attorney general who first proposed it, days after state lawmakers passed their own ban.
2023-05-17 12:50
San Antonio Spurs win NBA Draft lottery and are expected to pick 7-foot-4 Frenchman Victor Wembanyama
Young French superstar Victor Wembanyama is likely headed to San Antonio after the five-time NBA champion Spurs on Tuesday night won the rights to the top pick at the NBA Draft lottery.
2023-05-17 10:25
Failed bank execs see blame everywhere, except in the mirror
More than two months after the collapse of Silicon Valley Bank and Signature Bank triggered a financial earthquake, three former executives spoke publicly for the first time in testimony before a Senate committee Tuesday.
2023-05-17 06:19
North Carolina Senate overrides governor's abortion ban veto
North Carolina's Republican-led Senate on Tuesday voted to override a veto from Democratic Gov. Roy Cooper over a bill that would ban most abortions after 12 weeks.
2023-05-17 05:26
Vice Media gets court sign-off for bankruptcy loan
By Dietrich Knauth NEW YORK Vice Media received court permission on Tuesday to borrow $5 million to fund
2023-05-17 04:28
Who is Victor Wembanyama? Everything to know before NBA Draft Lottery
Victor Wembanyama is the consensus No. 1 pick, the prize for winning the NBA Draft Lottery. What makes him so special?Tonight's NBA Draft Lottery will see the draft order but it will also, almost certainly decide which team Victor Wembanyama plays on next season. The 7-foot-5, 19-year-old F...
2023-05-17 03:18
Yellen to meet with Jamie Dimon and other bank CEOs on Thursday as debt ceiling crisis looms
With time running out to reach a deal on the debt ceiling, Treasury Secretary Janet Yellen plans to meet with bank CEOs on Thursday afternoon in Washington, sources tell CNN.
2023-05-17 00:25
US bank regulators vow tougher rules, oversight after bank failures
By Pete Schroeder and Ann Saphir WASHINGTON (Reuters) -The Federal Reserve is eyeing stricter rules on banks over $100 billion
2023-05-17 00:22
US lawmakers blast former Silicon Valley Bank CEO for greed, mismanagement
NEW YORK U.S. lawmakers lambasted former banking executives from the collapsed Silicon Valley and Signature banks at the
2023-05-16 22:57