PacWest shares slip as debt ceiling fears cloud asset sale optimism
(Reuters) -Shares of PacWest Bancorp fell nearly 3% on Wednesday, reversing course from premarket, as debt ceiling talks impasse overshadowed
2023-05-24 22:51
Amazon to Expand in UK With WeWork Space for 1,000 Staff
Amazon.com Inc. has agreed a deal to take space from WeWork Cos. at a City of London office
2023-05-24 22:27
Mercedes-Maybach Takes a Stealth Wealth Cue From Rolls-Royce
On Tuesday, Mercedes-Maybach didn’t unveil a new car, but its new Night Series options program essentially signals an
2023-05-24 09:00
PacWest sells real-estate lending unit to Roc360 - WSJ
PacWest Bancorp has struck a deal to sell its real-estate lending arm to Roc360 for an undisclosed price,
2023-05-24 08:18
US securities regulator shuts down 'sham' marijuana offering
By Chris Prentice NEW YORK The U.S. Securities and Exchange Commission (SEC) on Tuesday said it obtained an
2023-05-24 05:29
World’s Richest Man Loses $11 Billion After LVMH Stock Rout
Bernard Arnault, the world’s richest person, had $11.2 billion wiped from his fortune in one day over concerns
2023-05-24 04:54
Speeding up US power grid connection 'top priority', FERC chairman says
By Valerie Volcovici The U.S. Federal Energy Regulatory Commission aims to finalize its plan to speed up the
2023-05-24 02:21
PacWest Bancorp's plan to sell $2.6 billion real estate loans calms investors
By Niket Nishant (Reuters) -PacWest Bancorp's shares rose nearly 18%, extending gains from the previous session after the lender's plan
2023-05-23 22:24
South Africa could become failed state, says ANC's Fikile Mbalula
Fikile Mbalula says that incessant power cuts in South Africa have "made a mess of our country".
2023-05-23 20:58
America's home improvement boom appears to be over
Americans turned into DIY fanatics during the pandemic, beautifying their apartments, homes and condos while they were stuck inside and tired of looking at the same drab interior every day. But the Covid emergency is over, prices are (much) higher, consumers are growing fearful of a recession and people are spending less at Lowe's and Home Depot.
2023-05-23 20:46
Lowe's cuts annual sales, profit forecasts as demand wavers
(Reuters) -Lowe's Cos Inc cut its annual comparable sales and profit forecasts on Tuesday, as demand dwindles for home improvement
2023-05-23 18:19
Cryptoverse: Busy bitcoin births new breed of crypto
By Medha Singh and Lisa Pauline Mattackal Things are heating up on the bitcoin blockchain. Daily transactions have
2023-05-23 13:20