News
Important Only
Senator Warren warns potential BNY merger with Northern Trust may violate federal banking laws
By Pete Schroeder and Saeed Azhar WASHINGTON, July 22 (Reuters) - Senator Elizabeth Warren has warned BNY BK.N that its reported interest in a merger with Northern Trust NTRS.O could violate federal banking laws, saying any potential deal between the two large custody banks raises antitrust conce...Reuters
Tue, Jul 22
REFILE-Epstein files fight leads US House Republicans to start summer break a day early
House Republicans avoid vote on Epstein files resolutionDemocrats, some Republicans push for Epstein document releaseBondi asks federal judge to unseal grand jury transcripts By David Morgan WASHINGTON, July 22 (Reuters) - The top Republican in the U.S. House of Representatives said on Tuesday he...Reuters
Tue, Jul 22
Fed officials, banking experts discuss regulatory rewrite effort at conference
By Pete Schroeder WASHINGTON, July 22 (Reuters) - The Federal Reserve continued work on its comprehensive effort to rewrite bank rules with a daylong conference at its headquarters on Tuesday.At the conference in Washington, regulatory officials, bankers, industry lawyers and other experts discus...Reuters
Tue, Jul 22
US audit watchdog bars, fines Hong Kong auditor
NEW YORK, July 22 (Reuters) - The U.S. Public Company Accounting Oversight Board said on Tuesday it had revoked the license of a Hong Kong firm and barred its owner for violating audit rules related to companies operating in China, including Luckin Coffee Inc. The PCAOB said in a statement it had sa...Reuters
Tue, Jul 22
Dassault, in spat with Airbus, says European fighter jet project at risk
By Tim HepherPARIS, July 22 (Reuters) - French warplane maker Dassault Aviation AM.PA raised questions over the future of a Franco-German-Spanish fighter jet project on Tuesday in a growing feud with Europe's Airbus AIR.PA over control of the futuristic program that combines traditional warplane...Reuters
Tue, Jul 22
Trump and Bezos held talks at White House last week, CNBC reports
July 22 (Reuters) - President Donald Trump met with Amazon founder Jeff Bezos at the White House for more than an hour last week, CNBC reported on Monday, citing sources familiar with the matter.No details were immediately available regarding the topics discussed during the meeting, according to the...Reuters
Tue, Jul 22
Synovus explores potential merger options after drawing takeover interest, Bloomberg News reports
July 22 (Reuters) - U.S. regional lender Synovus Financial SNV.N is exploring options including a potential merger after drawing takeover interest, Bloomberg News reported on Tuesday, citing people familiar with the matter.The Columbus, Georgia-based bank is working with a financial adviser and has ...Reuters
Tue, Jul 22
Greek police arrest Moldovan tycoon Plahotniuc on Interpol notice
By Yannis SouliotisATHENS, July 22 (Reuters) - Greek police have arrested a Moldovan tycoon and a former political leader wanted for allegedly participating in a criminal organisation, money laundering and fraud, police said on Tuesday. Vladimir Plahotniuc, considered one of Moldova's richest me...Reuters
Tue, Jul 22
Lawsuit says Clorox hackers got passwords simply by asking
By Raphael Satter WASHINGTON, July 22 (Reuters) - Bleach maker Clorox CLX.N said Tuesday that it has sued information technology provider Cognizant CTSH.O over a devastating 2023 cyberattack, alleging that the hackers pulled off the intrusion simply by asking the tech company's staff for empl...Reuters
Tue, Jul 22
Mexico announces operation to fortify Pemex's finances
MEXICO CITY, July 22 (Reuters) - Mexico's Finance Ministry announced an upcoming operation on Tuesday aimed at strengthening the financial position of state energy company Petroleos Mexicanos (Pemex). In a statement, the ministry said the operation would consist of issuing financing instruments ...Reuters
Tue, Jul 22
Delta, Aeromexico request extension to respond to DOT proposal on joint venture
MEXICO CITY, July 22 (Reuters) - Delta Air Lines DAL.N and Aeromexico requested a four-week extension to respond to a U.S. Department of Transportation proposal which would impact their joint venture, a filing seen by Reuters on Tuesday showed.The DOT on Saturday proposed withdrawing the joint ventu...Reuters
Tue, Jul 22
Tesla's California sales down for seven straight quarters
July 22 (Reuters) - Tesla's TSLA.O electric vehicle registrations in California fell 21.1% in the second quarter, according to industry data, marking the seventh consecutive quarterly drop in the crucial U.S. market.The automaker's plunging vehicle registrations come as CEO Elon Musk's p...Reuters
Tue, Jul 22
Syria's defence ministry says it is aware of 'shocking violations' by people wearing military fatigues in Sweida
July 22 (Reuters) - The Syrian defence ministry said on Tuesday it was aware of reports of "shocking violations" by people wearing military fatigues in the country's predominantly Druze city Sweida.Syria's Defence Minister Murhaf Abu Qasra said there will be "no tolerance" to...Reuters
Tue, Jul 22
