
US Virgin Islands subpoenas Elon Musk as part of lawsuit into Jeffrey Epstein sex trafficking ring
The US Virgin Islands has subpoenaed Elon Musk, requesting documents from the Tesla CEO and Twitter owner for its lawsuit alleging JPMorgan Chase benefited financially from Jeffrey Epstein's sex trafficking operation.
1970-01-01 08:00

Berkshire invests in Capital One, sheds four stocks
By Jonathan Stempel Berkshire Hathaway Inc on Monday disclosed it has begun investing in Capital One Financial Corp
1970-01-01 08:00

US banking regulators open to mergers, but vow tougher rules
By Pete Schroeder WASHINGTON (Reuters) -Top U.S. banking regulators plan to tell lawmakers the government will be open to future
1970-01-01 08:00

Banks Face Regulatory Scrutiny Over Interest-Rate Risks
US regulators are ratcheting up oversight efforts across the banking system as they lack the ability to quickly
1970-01-01 08:00

Argentina raises interest rate to 97% as it struggles to tackle inflation
The Central Bank of Argentina raised its key interest rate Monday by six percentage points to 97% in an effort to tackle soaring inflation that has reached 30-year highs.
1970-01-01 08:00

Buffett-backed Nubank reports record revenue on steady user growth
Brazil's Nubank on Monday reported record revenue for the first-quarter as the digital bank benefited from steady growth
1970-01-01 08:00

EV startup Arrival's cash and equivalents slump at end of first quarter
British electric vehicle start-up Arrival SA said on Monday it had $130 million in cash and cash equivalents
1970-01-01 08:00

Yellen Sticks With Warning US Could Run Out of Cash by June 1
Treasury Secretary Janet Yellen on Monday reiterated her warning that her department could run out of cash as
1970-01-01 08:00

Former Silicon Valley Bank CEO: 'I am truly sorry'
The former chief executive of Silicon Valley Bank plans to apologize before a Senate committee Tuesday, writing in prepared testimony that he believes no bank could have survived the run that gutted SVB in early March.
1970-01-01 08:00

Macquarie’s Delayed UK Biomass Plant Seeks £150 Million
The Macquarie Group-backed company behind a long-delayed power plant in northern England is considering raising as much as
1970-01-01 08:00

GM recalls 42,000 vehicles in Canada for air bag defect
General Motors said on Monday it will recall 42,000 sport utility vehicles in Canada from the 2014 through
1970-01-01 08:00

Americans' debt surpasses $17 trillion for the first time
Americans' debt levels continue to climb to new heights at a time when economic conditions are becoming increasingly less stable.
1970-01-01 08:00