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S&P Global 'positive' on Wells Fargo as regulatory burden lifts
June 6 (Reuters) - S&P Global SPGI.N upgraded its outlook on Wells Fargo WFC.N to "positive" from "stable", the ratings provider said on Friday, after the U.S. bank was released from a $1.95 trillion asset cap earlier this week.The U.S. Federal Reserve's unprecedented, seven-...Reuters
Fri, Jun 6
BREAKINGVIEWS-Elon Musk picks a losing fight with Donald Trump
By Jonathan Guilford NEW YORK, June 6 (Reuters Breakingviews) - Money can buy power, but Elon Musk paid for someone else to have it. After spending more than $250 million backing Donald Trump’s presidential campaign, an acrimonious schism erupted between the two and swiftly vaporized $150 billio...Reuters
Fri, Jun 6
Med mal specialist NCMIC names Siebert as new CEO
By Chris MunroJune 6 - (The Insurer) - Medical malpractice insurance-focused NCMIC has named David Siebert as its new CEO, with the executive immediately stepping up into the role vacated by the retiring Mike McCoy.Siebert joined chiropractors and naturopathic physicians malpractice specialist NCMIC...Reuters
Fri, Jun 6
UK CMA Says Amazon Gives Undertakings To Curb Fake Reviews
June 6 (Reuters) - CMA:UK CMA: AMAZON GIVES UNDERTAKINGS TO CMA TO CURB FAKE REVIEWSCMA: AGREED TO SANCTION BUSINESSES THAT BOOST THEIR STAR RATINGS VIA BOGUS REVIEWS/CATALOGUE ABUSE, INCLUDING BANS FROM SELLING ON AMAZON'S WEBSITESource text: [ID:]Reuters
Fri, Jun 6
Gemini Announces Confidential Submission Of Draft Registration Statement For Proposed IPO
June 6 (Reuters) - GEMINI ANNOUNCES CONFIDENTIAL SUBMISSION OF DRAFT REGISTRATION STATEMENT FOR A PROPOSED INITIAL PUBLIC OFFERINGGEMINI SPACE STATION: NUMBER OF SHARES OF CLASS A COMMON STOCK TO BE OFFERED, PRICE RANGE FOR PROPOSED IPO HAVE NOT YET BEEN DETERMINEDReuters
Fri, Jun 6
Getty Copper Inc Says Potential Deals May Result In Change Of Control Of Co
June 6 (Reuters) - Getty Copper Inc GTC.V:GETTY COPPER INC. ANNOUNCES EXPLORATION OF STRATEGIC ALTERNATIVES TO MAXIMIZE SHAREHOLDER VALUEGETTY COPPER INC - COMPANY CONTINUES DISCUSSIONS WITH THIRD PARTY ON POTENTIAL DEALGETTY COPPER INC - POTENTIAL DEALS MAY RESULT IN CHANGE OF CONTROL OF COReuters
Fri, Jun 6
ISS backs HG Vora nominees for Penn Entertainment board
June 6 (Reuters) - Proxy advisory firm ISS on Friday urged shareholders of casino operator Penn Entertainment PENN.O to elect all three nominees of hedge fund HG Vora to its board ahead of its June 17 annual meeting."The company is facing sustained challenges, which have resulted in total shareh...Reuters
Fri, Jun 6
Porsche mulls shifting parts of model assembly to US, Bloomberg News reports
June 6 (Reuters) - Porsche is considering shifting certain parts of its model assembly to the U.S. to mitigate the impact President Donald Trump's tariffs on imported vehicles, Bloomberg News reported on Friday, citing people familiar with the matter.Porsche could move steps of its final assembl...Reuters
Fri, Jun 6
Exclusive: CNA gearing up to launch standalone E&S brand after quiet build-out
By James ThalerJune 6 - (The Insurer) - CNA is planning to launch a standalone excess and surplus lines brand this month, after quietly building out its E&S property offering since 2021 and its casualty and professional liability offerings in more recent years, sources familiar with the matter t...Reuters
Fri, Jun 6
UBS buybacks may be hit by new capital rules: Swiss government
ZURICH, June 6 (Reuters) - UBS UBSG.S may be able to carry out fewer share buy-backs in future following proposals that it should hold higher levels of core capital, the Swiss government said on Friday.Still, UBS restated its capital return plans for this year after the proposals came out, including...Reuters
Fri, Jun 6
Us CDC Says As Of June 5, Total Of 1,168 Confirmed Measles Cases Were Reported
June 6 (Reuters) - US CDC:US CDC: AS OF JUNE 5, TOTAL OF 1,168 CONFIRMED MEASLES CASES WERE REPORTED BY 34 JURISDICTIONS - WEBSITEUS CDC: 137 HOSPITALIZATIONS IN MEASLES PATIENTS OUT OF 1168 TOTAL CONFIRMED CASES WERE REPORTEDReuters
Fri, Jun 6
Otsuka's kidney disease therapy trial results heat up battle with rival Vera
By Sriparna Roy and Siddhi Mahatole June 6 (Reuters) - Otsuka's 4578.T experimental therapy for a potentially life-threatening kidney disease more than halved severe levels of protein in the urine of patients, intensifying the battle for an effective new treatment with rival Vera Therapeutic...Reuters
Fri, Jun 6
