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US Fed supervision official Michael Gibson takes voluntary resignation, Bloomberg News reports
July 2 (Reuters) - Michael Gibson, director of the U.S. Federal Reserve's supervision and regulation division, has accepted the agency's voluntary resignation offer and plans to leave this month, Bloomberg News reported on Wednesday, citing an internal email.Reuters
Wed, Jul 2
Sotherly Hotels Defaults on Mortgage for Georgian Terrace Hotel in Atlanta
July 2 (Reuters) - Sotherly Hotels Inc SOHO.O:SOTHERLY HOTELS INC. ANNOUNCES NOTICE OF DEFAULT ON MORTGAGE LOAN SECURED BY THE GEORGIAN TERRACE HOTEL IN ATLANTASOTHERLY HOTELS INC - SOHO ATLANTA LLC IN DEFAULT UNDER NOTE AND LOAN DOCUMENTSSOTHERLY HOTELS INC - DIRECT FINANCIAL OBLIGATION ESTIMATED A...Reuters
Wed, Jul 2
Dyadic International Announces Strategic Rebrand to Dyadic Applied BioSolutions
July 2 (Reuters) - Dyadic International Inc DYAI.O:DYADIC INTERNATIONAL, INC. ANNOUNCES STRATEGIC REBRAND TO DYADIC APPLIED BIOSOLUTIONSDYADIC INTERNATIONAL INC - ON TRACK TO COMMERCIALIZE INPUT PROTEINS IN 2025Reuters
Wed, Jul 2
Tennis-Tiafoe not surprised at Wimbledon seeds' exodus
By Martyn HermanLONDON, July 2 (Reuters) - American Frances Tiafoe became yet another seeded casualty at Wimbledon on Wednesday but said no one should be surprised at the number of top names to depart in the men's singles.Thirteen of the top 32 men's seeds failed to survive the first round t...Reuters
Wed, Jul 2
CIA review finds flaws but does not dispute finding Putin sought to sway 2016 vote to Trump
By Jonathan Landay WASHINGTON, July 2 (Reuters) - A CIA review released on Wednesday found flaws in the production of a U.S. intelligence assessment that Russian President Vladimir Putin sought to sway the 2016 U.S. presidential vote to Donald Trump, but it did not contest that conclusion.The rev...Reuters
Wed, Jul 2
ANALYSIS-Sean 'Diddy' Combs' lawyers acknowledged abuse in successful trial strategy
Combs acquitted of sex trafficking, convicted on lesser chargesDefense argued relationships were consensual despite abuseProsecutors said threats, financial control indicated traffickingBy Luc Cohen NEW YORK, July 2 (Reuters) - With their client caught on tape beating one of his former girlfr...Reuters
Wed, Jul 2
Mercosur countries agree to expand exemptions to foreign tariffs
BUENOS AIRES, July 2 (Reuters) - Countries in the South American Mercosur bloc trade bloc agreed to broaden exceptions to common external tariffs, a spokesperson for Argentina's foreign ministry said on Wednesday, allowing countries to add up to 50 exemptions to the existing regimes.Brazil and A...Reuters
Wed, Jul 2
US Supreme Court ruling may not bar blocking Defense Department research cuts, judge says
By Nate Raymond July 2 (Reuters) - A federal judge raised the possibility on Wednesday that he could continue to block the U.S. Department of Defense from sharply cutting federal research funding provided to universities throughout the country even after the U.S. Supreme Court's decision curt...Reuters
Wed, Jul 2
Iran enacts law suspending cooperation with UN nuclear watchdog
July 2 (Reuters) - Iranian President Masoud Pezeshkian put into effect on Wednesday a law passed by parliament last week to suspend cooperation with the U.N. nuclear watchdog, the International Atomic Energy Agency, a move the United States called "unacceptable." Iran has accused the ...Reuters
Wed, Jul 2
PHLY, FICOH and TMA recover from 22-day system outage following a cyberattack
By Isha MaratheJuly 2 - (The Insurer) - Tokio Marine-owned Philadelphia Insurance Companies (PHLY), First Insurance Company of Hawaii and Tokio Marine North America have fully restored their core insurance systems after an unauthorized actor infiltrated their networks on June 9.Tokio Marine Group s...Reuters
Wed, Jul 2
US SEC, SolarWinds reach preliminary deal to end breach lawsuit
By Chris Prentice and AJ Vicens NEW YORK, July 2 (Reuters) - The U.S. Securities and Exchange Commission has reached a deal in principle with SolarWinds Corp and its top security officer to end litigation tied to a Russia-linked cyberattack involving the software firm, they said in a court filing...Reuters
Wed, Jul 2
Ukraine voices concern as US halts some missile shipments
US pausing weapons shipments due to low stockpiles, say sources 'Total shock': Ukraine says military aid vital as Russian attacks riseDozens killed in recent air strikes on Ukrainian citiesBy Mike Stone, Max Hunder WASHINGTON/KYIV, July 2 (Reuters) - A decision by Washington to halt some ...Reuters
Wed, Jul 2
Monte dei Paschi bid for Mediobanca to run from July 14 after green lights
MILAN, July 2 (Reuters) - State-backed Italian bank Banca Monte dei Paschi di Siena BMPS.MI said its bid for rival Mediobanca MDBI.MI would start on July 14 after the country's markets watchdog approved the offer document for investors.Monte dei Paschi also said it had received unconditional app...Reuters
Wed, Jul 2
NYC Mayor Adams signs law to reduce insurance coverage mandates for taxis and for-hire vehicles
By Mia MacGregorJuly 2 - (The Insurer) - New York City Mayor Eric Adams has signed legislation to reduce the no-fault auto insurance liability coverage required for taxis and for-hire vehicles, aiming to ease financial burdens on drivers.The newly enacted law, Intro. 1050, restricts the New York Cit...Reuters
Wed, Jul 2
AOS settles with US over unauthorized Huawei shipments
By Karen FreifeldJuly 2 (Reuters) - Alpha and Omega Semiconductor Limited AOSL.O has agreed to pay $4.25 million to settle with the U.S. Department of Commerce for shipping items to China's Huawei Technologies in violation of export regulations, according to a department order posted on Wednesd...Reuters
Wed, Jul 2
OpenAI Is Going To Rent Additional 4.5 Gigawatts Of Data Center Capacity From Oracle- Bloomberg News Reporter Ludlow On X
July 2 (Reuters) - OPENAI IS GOING TO RENT ADDTIONAL 4.5 GIGAWATTS OF DATA CENTER CAPACITY FROM ORACLE- BLOOMBERG NEWS REPORTER LUDLOW ON XSource text: https://tinyurl.com/yc7hv8jnReuters
Wed, Jul 2
New Texas reciprocal exchange Thore set to begin underwriting with tech-enabled model
By David BullJuly 2 - (The Insurer) - The Homeowners Reciprocal Exchange (Thore) has received its certificate of authority from the Texas Department of Insurance after successfully placing its reinsurance program through broker Acrisure Re and is now preparing to underwrite its first policies in the...Reuters
Wed, Jul 2
