Category Archives: Syndicated
Lawsuit claims 10 big banks rigged market for ‘odd-lot’ U.S. corporate bonds
By Jonathan Stempel NEW YORK (Reuters) - Ten of the world's largest banks, including JPMorgan Chase and Bank of America, have been sued for allegedly conspiring over nearly 14 years to rig prices in t...
Apr 21, 2020
LendingClub to lay off about a third of employees due to coronavirus
(Reuters) - Online lender LendingClub Corp said on Tuesday it would lay off 460 employees, including President Steven Allocca, as part of a restructuring plan to slash costs amid the economic fallout ...
Apr 21, 2020
Inmate who escaped North Carolina prison amid COVID-19 fears faces new charges
By Sarah N. Lynch WASHINGTON (Reuters) - A convicted drug trafficker serving a 5-1/2-year sentence is facing new charges after escaping from a federal prison in North Carolina, claiming that he feared...
Apr 21, 2020
Trump immigration order to last 30-90 days, apply to permanent immigrants
By Jeff Mason and Steve Holland WASHINGTON (Reuters) - President Donald Trump's new executive order banning immigration to the United States will last 30 to 90 days with the chance of renewal and appl...
Apr 21, 2020
White House mulls liability protection for reopening businesses: Trump adviser
WASHINGTON (Reuters) - The Trump administration is considering the possibility of providing liability protection to small businesses that reopen and put their employees back to work as the nation trie...
Apr 21, 2020
Small business loan program discriminated against women, minorities: lawsuit
By Brendan Pierson (Reuters) - The $349 billion small business loan program passed last month as part of the federal coronavirus relief package discriminated against woman- and minority-owned business...
Apr 21, 2020
South Africa’s Ramaphosa pledges COVID-19 rescue package worth 10% of GDP
By Nqobile Dludla and Alexander Winning JOHANNESBURG (Reuters) - South African President Cyril Ramaphosa announced a 500 billion rand ($26.3 billion) rescue package on Tuesday, equivalent to 10% of th...
Apr 21, 2020
U.S. CDC reports 776,093 coronavirus cases, 41,758 deaths
(Reuters) - The U.S. Centers for Disease Control and Prevention (CDC) on Tuesday reported 776,093 cases of the novel coronavirus, an increase of 29,468 cases from its previous count, and said the numb...
Apr 21, 2020
Some U.S. fund managers risk long-term bets on tanking oil sector
By David Randall NEW YORK (Reuters) - Some U.S. fund managers are attempting what seems like an impossible task: making bets on the stocks and bonds of energy companies at a time when oil futures have...
Apr 21, 2020
Chipotle reports 16% drop in March same-store sales
(Reuters) - Chipotle Mexican Grill Inc on Tuesday reported a 16% fall in March same-store sales, as the coronavirus pandemic forced the company to keep its restaurants closed to diners. The company al...
Apr 21, 2020
