PacWest shares plunge after it reports drop in deposits
By Niket Nishant and Chibuike Oguh (Reuters) -Shares of PacWest Bancorp plunged 23% on Thursday after the Los-Angeles-based lender said
2023-05-12 04:57
New York passes bill banning weight discrimination
Victoria Abraham graduated from New York University last year, ready to enter the job market. She is a self-proclaimed "fat activist" who has found her voice as a content creator online, but has concerns about applying for new job.
2023-05-12 03:53
Southwest pilots vote to authorize strike
Southwest Airlines Co pilots' union said on Thursday its members had approved a strike mandate by an overwhelming
2023-05-12 03:27
PacWest Bank shares fall 30% as crisis prompts customers to yank deposits
Shares of PacWest Bancorp fell 30% and were halted for volatility Thursday morning after the regional bank reported that customers had recently drawn down about 9.5% of total deposits.
2023-05-11 21:45
Biden administration proposes crackdown on power plant carbon emissions
By Valerie Volcovici WASHINGTON The Biden administration unveiled a sweeping plan to slash greenhouse gas emissions from the
2023-05-11 17:17
George Santos: Congressman pleads not guilty to fraud charges
He is accused of laundering funds, lying to Congress and illegally receiving unemployment benefits.
2023-05-11 02:49
US airline passengers are getting increasingly frustrated. Here's why
North American travelers are unhappy with high ticket prices, staffing shortages and reduced routes, according to consumer research company J.D. Power's 2023 North American Airline Satisfaction Study.
2023-05-10 18:58
RWE Draws Up Plans to Exit Controversial German LNG Project
RWE AG is drawing up plans to pull out of a controversial liquefied natural gas project on the
2023-05-10 15:52
Amundi Says China Wealth Business Is Rebounding From Setbacks
Amundi SA’s onshore Chinese wealth management business is improving “significantly” this year after facing very challenging conditions in
2023-05-09 13:59
Wealth Summit Latest: Hong Kong’s Property Market Is Rebounding
The Bloomberg Wealth Asia summit returns to Hong Kong after a three-year break, bringing together the region’s leading
2023-05-09 10:22
Canada's Cenovus Energy shuts down some production due to Alberta wildfire
Canada's Cenovus Energy Inc said on Monday it has shut down production plants in some areas of its
2023-05-09 06:49
Western Digital Corp sees weak fourth quarter on slower recovery for memory chips
(Corrects first paragraph to say forecast is for bigger fourth-quarter loss, not profit below estimates) (Reuters) -Memory chip firm Western
2023-05-09 04:56