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US default fears spark clearing house collateral scrutiny By Reuters
© Reuters. FILE PHOTO: A bronze seal of the Treasury Department is seen at the US Treasury Department building in Washington, US, January 20, 2023. REUTERS/Kevin LaMarque
Written by John McCrank, Laura Matthews, and Michelle Price…
MRVL Stock: Marvell Technology Calls AI Key Growth Driver
Chip maker Marvell technology (MorleyLate Thursday it beat Wall Street's fiscal first-quarter targets and expectations. But MRVL stock jumped in extended trading after the company named artificial intelligence a major growth engine.
X…
Live news: JPMorgan to cut about 1,000 First Republic employees
Retail Profits: Investors will be eager to see how Dollar Tree's consumer spending is delayed, as the discount retailer benefits from an inflationary environment that has driven more bargain-hunting customers to its doors. There should…
JPMorgan: US Virgin Islands first lady helped Epstein
JPMorgan Chase & Co has accused the former first lady of the U.S. Virgin Islands of aiding Jeffrey Epstein in sex trafficking in a number of ways, including helping to arrange visas, jobs, and travel for some of his victims and helping…
23-year-old woman loses Sh126m to State over money laundering
Economy
A 23-year-old woman loses Sh126 million due to money laundering
Thursday, May 25, 2023
A 23-year-old Kenyan woman has lost more than Sh126 million in US dollars sent to her by a Belgian friend two years ago after it…
UKRI hit with £36m IR35 bill, taking non-compliance in public sector to £300m
The UK Fund for Research and Innovation (UKRI) outside administrations must pay £36 million to HMRC in deferred tax.
As stated in PC WeeklyUK Research and Innovation (UKRI), revealed on its website Annual accounts For 2021/21, HMRC…
Weeks before EU and Latin American joint summit, trade deal remains elusive
breadcrumb links PMN Business Article author: Associated Press Raf Casert Posted May 25, 2023 • 2 minutes to read Article content BRUSSELS (AP) — Just weeks before a joint summit between the…
Stratasys merges with Desktop Metal at $1.8b valuation
Israeli 3D printing company Stratasys (Nasdaq: SSYS) and the American 3D printing company Desktop Metal, Inc. (NYSE: DM) announced today that they have entered into a definitive agreement to merge in an all-stock…
Paul Grewal Sides With Plaintiffs In US Treasury vs. Tornado Crash Issue By CoinEdition
© Reuters Paul Grewal Sides with US Treasury Plaintiffs vs. Tornado Crash Case
Coinbase's CLO wrote about the US Treasury Department's legal challenge to Tornado Cash in a recent tweet.Paul Grewal says the plaintiffs' points point to…
Medtronic forecasts annual profit below estimates amid dollar headwinds
(Reuters) - Medtronic Plc (MDT) on Thursday forecast annual profit that fell short of Wall Street estimates, as the medical device maker expects the strong dollar to continue to cut sales in international markets.Medtronic warned of a…