WASHINGTON (Reuters) – The White House said on Friday it will not negotiate over the debt ceiling and there are…
JPMorgan ‘open for business’ in leveraged loans as rivals get stuck with losses
By Matt Tracy (Reuters) – JPMorgan Chief Financial Officer Jeremy Barnum told investors the bank is “absolutely open for business”…
Fed’s Powell noted “balance of risks” in rate hike path from 2018 onwards, transcripts show
By Lindsay Dunsmuir and Michael S. Derby (Reuters) – Two months before he became Federal Reserve chair, Jerome Powell urged…
BNY Mellon to cut 3% of workforce this year – source
By Manya Saini (Reuters) -Bank of New York Mellon Corp is planning to cut around 3% of its workforce this…
Fed says surging interest costs cut what it handed back to Treasury in 2022
By Michael S. Derby NEW YORK (Reuters) -The Federal Reserve said Friday that it handed back substantially less money to…
Lufthansa seen as ready to bid for ITA Airways stake, sources say
By Angelo Amante and Giuseppe Fonte ROME (Reuters) – A bid from German carrier Lufthansa for ITA Airways could come…
Factbox-Tesla cuts prices globally in a bid to spur demand
(Reuters) – Tesla Inc has slashed prices of its electric vehicles in the United States and Europe, doubling down on…
European stocks clock second straight weekly gain
By Bansari Mayur Kamdar and Shreyashi Sanyal (Reuters) – European shares closed near a nine-month high on Friday, supported by…
U.S. senators press Southwest to answer questions on holiday meltdown
By David Shepardson WASHINGTON (Reuters) – A group of 15 U.S. senators on Friday demanded Southwest Airlines Chief Executive Bob…
Delta forecasts weak first-quarter profit on higher costs
By Rajesh Kumar Singh CHICAGO (Reuters) – Delta Air Lines Inc on Friday forecast first-quarter profit below Wall Street’s estimates…