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BofA expects investment banking fees to grow 10% to 15% in 3Q
NEW YORK, Sept 8 (Reuters) - Bank of America BAC.N expects investment banking fees to increase 10% to 15% in the third quarter from a year earlier, Chief Financial Officer Alastair Borthwick said on Monday.Markets revenue is projected to rise by a mid-single digit percentage, climbing for a 14th con...Reuters
3 minutes ago
US appeals court rejects states' lawsuit over Trump mass firings
By Daniel Wiessner and Nate Raymond Sept 8 (Reuters) - A federal appeals court ruled on Monday that 19 mostly Democrat-led states and Washington, D.C., cannot pursue a legal challenge to the mass firings of 25,000 recently hired federal workers carried out by U.S. President Donald Trump's adm...Reuters
6 minutes ago
Trump's former Japan ambassador nominee appointed CBS News ombudsman
Sept 8 (Reuters) - Paramount Skydance PSKY.O on Monday named Kenneth Weinstein as ombudsman for CBS News, a newly created role aimed at monitoring bias and audience complaints. The appointment fulfills a condition set by U.S. regulators when the Federal Communications Commission voted 2-1 in late...Reuters
11 minutes ago
Ticketing platform StubHub eyes up to $9 billion valuation in US IPO
Sept 8 (Reuters) - Madrone Partners-backed StubHub is targeting a valuation of up to $9.2 billion in its U.S. initial public offering, the ticket reseller said on Monday, becoming the latest company to resume listing plans delayed in April due to tariff uncertainty.The firm is looking to sell ab...Reuters
13 minutes ago
Spaceflight accelerates the aging of human blood-forming stem cells
Blood-forming stem cells vital for blood and immune healthStudy involved stem cells from bone marrow donorsSamples studied during SpaceX missions to space station By Will Dunham WASHINGTON, Sept 8 (Reuters) - New research has identified yet another way that spaceflight tampers with the human bod...Reuters
16 minutes ago
Ferrari chair John Elkann agrees to community service to end tax fraud case
Elkann and siblings to pay 183 million euros to settle tax disputeNo admission of guilt in Elkann's community service agreementInheritance dispute divides Elkann family, civil case ongoingBy Emilio Parodi MILAN, Sept 8 (Reuters) - Stellantis STLAM.MI and Ferrari RACE.MI Chairman John Elkann h...Reuters
20 minutes ago
Top Pentagon officials visit Puerto Rico as tensions with Venezuela soar
WASHINGTON, Sept 8 (Reuters) - Defense Secretary Pete Hegseth and the top U.S. general Dan Caine made a surprise visit to Puerto Rico on Monday, the first trip by senior Pentagon officials there since the start of a military buildup in the Caribbean that has escalated tensions with Venezuela. Hegset...Reuters
21 minutes ago
S&P Affirms Mexico's 'BBB' Foreign Currency Rating, Outlook Remains Stable
Sept 8 (Reuters) - S&P: MEXICO 'BBB' FOREIGN CURRENCY AND 'BBB+' LOCAL CURRENCY LONG-TERM RATINGS AFFIRMED; OUTLOOK REMAINS STABLES&P: EXPECTS THAT GOVERNMENT IN MEXICO WILL PRAGMATICALLY MANAGE DISPUTES BETWEEN MEXICO AND U.S. ON TRADE, IMMIGRATION & OTHER MATTERSSource ...Reuters
24 minutes ago
Google Meet down for about 16,000 users, Downdetector shows
Sept 8 (Reuters) - Alphabet's GOOGL.O Google Meet was down for thousands of users in the U.S. on Monday, according to tracking website Downdetector.com.The video-communication service was down for nearly 16,000 users as of 1.57 p.m. ET, according to the website, which tracks outages by collating...Reuters
28 minutes ago
Fed nominee Miran must resign from White House, Democratic lawmakers say
Sept 8 (Reuters) - Democratic lawmakers on the U.S. Senate Banking Committee have demanded that Stephen Miran pledge to resign from his job as chief White House economic adviser before the Republican-controlled panel takes any more steps to advance his nomination for a seat on the Federal Reserve...Reuters
30 minutes ago
US Senators Warren, Sanders urge big banks to boost loans instead of dividends
By Nupur Anand and Saeed Azhar NEW YORK, Sept 8 (Reuters) - U.S. Senators Elizabeth Warren and Bernie Sanders blasted the nation's top six lenders for using easier regulations to enrich shareholders instead of boosting lending to businesses and households.Banks are making wealthy shareholders...Reuters
30 minutes ago
US bank regulator issues guidelines to avert 'debanking'
WASHINGTON, Sept 8 (Reuters) - A top U.S. banking regulator said Monday it was rolling out new guidance to discourage banks from cutting off, or "debanking," customers on political and religious grounds, a month after President Donald Trump directed oversight agencies to scrutinize banks for...Reuters
34 minutes ago
Polestar 5 Grand Tourer Debuts, Dual Motor priced from €119,900
Sept 8 (Reuters) - Polestar Automotive Holding UK Plc A4N1y.F:POLESTAR: POLESTAR 5 PERFORMANCE GRAND TOURER ON SALE, PRICED FROM EUR 119,900 FOR POLESTAR 5 DUAL MOTOR & EUR 142,900 FOR POLESTAR 5 PERFORMANCEPOLESTAR: INITIAL LAUNCH LOCATIONS WILL INCLUDE 24 OF POLESTAR’S 28 ACTIVE GLOBAL MARKETS...Reuters
39 minutes ago
Cricket-Three Ireland seamers out injured as squad named for England T20s
Sept 8 (Reuters) - Ireland seamers Josh Little, Fionn Hand and Mark Adair will miss this month's three-match home Twenty20 series against England through injury, as wicketkeeper-batter Ben Calitz looks to make his senior international debut.Adair underwent knee surgery last month, while Little h...Reuters
42 minutes ago
FACTBOX-What plans have major automakers announced at the Munich auto show?
Sept 8 (Reuters) - Prominent global automakers showcased their latest models at the Munich car show, including new EVs and lower-cost vehicles, as Europe's auto sector faces crises ranging from tariff hikes to rising costs and rivalry with Chinese firms on their home turf. Here are the announcem...Reuters
44 minutes ago
US Supreme Court backs Trump on aggressive immigration raids
Lawsuit says immigration raids violate civil rightsJudge restricted raids based solely on race or languageLiberal justices say constitutional rights are trampledBondi says roving patrols will continue in CaliforniaBy Andrew ChungSept 8 (Reuters) - The U.S. Supreme Court again backed President Donald...Reuters
46 minutes ago
Polestar 5 debuts in Munich, but will skip China and US
Polestar 5's initial launch excludes China, US, Canada and South Korea.Latest model priced at nearly double previous Polestar 4 Polestar 5 produced in Chongqing, China STOCKHOLM, Sept 8 (Reuters) - Swedish automaker Polestar PSNY.O unveiled its grand tourer (GT) sports car, the Polestar 5, at...Reuters
48 minutes ago
Zelenskiy's chief of staff discusses Russian strikes on Ukrainian targets with Rubio
Sept 8 (Reuters) - Ukrainian President Volodymyr Zelenskiy's chief of staff discussed Russian strikes on Ukrainian targets with U.S. Secretary of State Marco Rubio on Monday and told him a government building that came under attack on Sunday was hit by a Russian ballistic missile.Chief of Staff ...Reuters
49 minutes ago
