US Fed sets large bank capital levels after stress tests, eases on Goldman’s level
By Pete Schroeder WASHINGTON (Reuters) – The U.S. Federal Reserve announced on Wednesday it had set the latest capital cushions…
Category: Business
US CFTC: TOTSA TotalEnergies Trading to pay $48 million for attempted market manipulation
(Reuters) – The U.S. commodity markets regulator on Tuesday ordered the Swiss energy trader TOTSA TotalEnergies Trading SA to pay…
Banking industry loses challenge to CFPB small business loan rule
By Nate Raymond (Reuters) – A federal judge on Monday rejected a banking industry-backed challenge to a rule adopted by…
Bank of New York Mellon to pay $5 million over swap reporting, supervision failures, CFTC says
NEW YORK (Reuters) – The Bank of New York Mellon has agreed to pay $5 million to settle U.S. Commodity…
Chipotle denied raises to unionized workers, US labor agency says
By Daniel Wiessner (Reuters) – U.S. labor board prosecutors have determined that a union’s claims that Chipotle Mexican Grill illegally…
Eli Lilly Alzheimer’s drug to be blocked for use by NHS, The Telegraph reports
(Reuters) -Eli Lilly’s treatment for early Alzheimer’s is expected to be blocked for use by Britain’s National Health Service (NHS),…
Apple targets Sept. 10 debut for new iPhones, AirPods and watches, Bloomberg News reports
(Reuters) – Apple is planning its biggest product launch event of the year on Sept. 10, during which it will…
General Atlantic exits India’s PNB Housing in $127 million deal
BENGALURU (Reuters) – U.S. private equity firm General Atlantic on Wednesday sold its entire stake worth 10.69 billion rupees ($127.40…
Energix signs long-term solar power deal with Google
(Reuters) – Energix Renewables said on Tuesday it has signed a long term agreement with Alphabet’s Google to supply electricity…
Oil producer APA explores $1-billion sale of Permian assets, sources say
By Shariq Khan and David French (Reuters) – APA Corp is exploring the sale of oil and gas drilling properties…