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US sells $65 bln 17-week bills at high rate of 4.05%
NEW YORK, Aug 20 (Reuters) - The U.S. Treasury's auction on Wednesday of $65 billion in 17-week or 119-day bills yielded a high rate of 4.05%, awarding 76.08% of bids at that rate, according to Treasury data.The bill auction saw a bid-to-cover ratio, a measure of demand, of 3.14.Reuters
Wed, Aug 20
U.S. Senator Sanders favors Trump plan to take stake in Intel
WASHINGTON, Aug 20 (Reuters) - Liberal U.S. Senator Bernie Sanders on Wednesday threw his support behind Republican President Donald Trump's plan to convert up to $10.9 billion in U.S. grants for Intel into a government stake in the company. "If microchip companies make a profit from the gen...Reuters
Wed, Aug 20
Housing finance agency probing property owned by Fed's Cook in Massachusetts, director says
Aug 20 (Reuters) - U.S. Housing Finance Agency Director Bill Pulte said on Wednesday his agency is looking into property owned by Federal Reserve Governor Lisa Cook in Massachusetts as part of a probe into allegations about mortgages Cook holds in Michigan and Georgia."We're also probing som...Reuters
Wed, Aug 20
ADVISORY-Alert on Meta Platforms wrongly tagged to Metabiomed withdrawn
An alert on Meta META.O saying its Kansas City data center is now open was incorrectly tagged to Metabiomed Co 059210.KQ, an unrelated company and has been withdrawn. For the correctly coded alerts, click nFWN3UC0SJ. STORY_NUMBER:nTUA260SJJSTORY_DATE:20/08/2025STORY_TIME:03:31:03 PM GMTReuters
Wed, Aug 20
Coalition Re confirms hire of TransRe’s Liu as head of underwriting
By Ashish TiwariAug 20 - (The Insurer) – San Francisco, California-based insurer Coalition has confirmed the hire of TransRe’s U.S. cyber lead Diana Liu as head of underwriting for its reinsurance MGA Coalition Re.This publication earlier this month revealed that the company had hired Liu to the rol...Reuters
Wed, Aug 20
Bao Holding Ltd Files For U.S. IPO Of Up To 1.5 Mln Class A Shares - Sec Filing
Aug 20 (Reuters) - BAO Holding Ltd: BAO HOLDING LTD - IPO PRICE EXPECTED BETWEEN $4.00 AND $5.00 - SEC FILINGBAO HOLDING LTD - TO LIST CLASS A SHARES ON NASDAQ UNDER SYMBOL 'BAO' - SEC FILINGBAO HOLDING LTD. SAYS PACIFIC CENTURY SECURITIES, LLC IS UNDERWRITER TO IPOBAO HOLDING LTD. FILES FOR...Reuters
Wed, Aug 20
Regeneron Pharmaceuticals Says FDA Extends EYLEA HD Decision To Late 2025
Aug 20 (Reuters) - Regeneron Pharmaceuticals Inc REGN.O:EYLEA HD® (AFLIBERCEPT) INJECTION 8 MG APPLICATIONS FOR EXPANDED U.S. LABEL AND PREFILLED SYRINGE RECEIVE FDA REVIEW PERIOD EXTENSIONREGENERON PHARMACEUTICALS INC - FDA EXTENDS TARGET ACTION DATES FOR EYLEA HD TO Q4 2025REGENERON PHARMACEUTICAL...Reuters
Wed, Aug 20
Meta Says Data Center In Kansas City, Missouri Is Now Operational And Serving Traffic
Aug 20 (Reuters) - Meta Platforms Inc META.O:META: DATA CENTER IN KANSAS CITY, MISSOURI IS NOW OPERATIONAL AND SERVING TRAFFIC - BLOGMETA: BUILDING TOWARD NEXT GENERATION OF AI-OPTIMIZED DATA CENTERS, FIRST OF WHICH IS SET TO OPEN IN 2026Reuters
Wed, Aug 20
US FTC sues LA Fitness for making it exceedingly hard to cancel gym memberships
By Jody GodoyAug 20 (Reuters) - The U.S. Federal Trade Commission sued the operators of gym chain LA Fitness and other gyms on Wednesday, saying they have made it exceedingly difficult to cancel memberships.Irvine, California-based Fitness International and Fitness & Sports Clubs, which operate ...Reuters
Wed, Aug 20
McDonald's to offer discounted combo meals, WSJ reports
Aug 20 (Reuters) - McDonald's MCD.N and its franchisees agreed to discount eight popular combo meal offerings by 15%, and offer $5 and $8 specials, the Wall Street Journal reported on Wednesday, as restaurants look to attract diners worn down by economic woes.The move follows weeks of discussion...Reuters
Wed, Aug 20
Citi Spokesperson On Bloomberg Report Says "We Look Forward To Andy Continuing To Drive Strong Business Performance”
Aug 20 (Reuters) - Citigroup Inc C.N:CITI SPOKESPERSON MARK COSTIGLIO ON BLOOMBERG REPORT SAYS "WE LOOK FORWARD TO ANDY CONTINUING TO DRIVE STRONG BUSINESS PERFORMANCE” - STATEMENT TO REUTERSReuters
Wed, Aug 20
Recommended Retail Price For PlayStation 5 Consoles In U.S. To Increase- Blog
Aug 20 (Reuters) - Playstation:PLAYSTATION: TO INCREASE RECOMMENDED RETAIL PRICE FOR PLAYSTATION 5 CONSOLES IN U.S. STARTING ON AUG 21 - BLOGPLAYSTATION: RECOMMENDED RETAIL PRICE IN U.S. FOR PLAYSTATION 5 IS $549.99, PLAYSTATION 5 DIGITAL EDITION IS $499.99, PLAYSTATION 5 PRO $749.99Reuters
Wed, Aug 20
Uganda has not agreed to take deportees from US, senior official says
KAMPALA, Aug 20 (Reuters) - A senior Ugandan official denied on Wednesday a U.S. media report that the country had agreed to take in people deported from the United States, saying it lacked the facilities to accommodate them.Citing internal U.S. government documents, CBS News reported on Tuesday tha...Reuters
Wed, Aug 20
