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Valley National, First Citizens bidding for Silicon Valley Bank- Bloomberg News By Reuters
Stock Market

SVB Financial sues US FDIC to recover $1.93 billion By Reuters

© Reuters. A U.S. flag flies outside a branch of the Silicon Valley Bank in Wellesley, Massachusetts, U.S., March 13, 2023. REUTERS/Brian Snyder (Reuters) –

U.S. mid-tier lenders gain on SVB deal, hopes of more govt. support By Reuters
Stock Market

TPG to buy Forcepoint unit from Francisco Partners for $2.45 billion

© Reuters. FILE PHOTO: A screen announces the listing of private-equity firm TPG, during the IPO at the Nasdaq Market site in Times Square in

US FDA approves Pharming's immune disorder drug By Reuters
Stock Market

Ant’s share repurchase plan values firm at nearly $79 billion By Reuters

© Reuters. FILE PHOTO: Ant Group sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 6, 2023. REUTERS/Aly Song/File Photo

Brazil's Haddad says fiscal framework will be announced this week By Reuters
Finances

US Treasury says COVID anti-foreclosure payments reach $3.7 billion By Reuters

© Reuters. FILE PHOTO: Real estate signs advertise new homes for sale in multiple new developments in York County, South Carolina, U.S., February 29, 2020.

First Citizens said to be near deal for Silicon Valley Bank -Bloomberg News By Reuters
Stock Market

US farm agency opens applications for $2.2 billion in discrimination payments By Reuters

© Reuters. FILE PHOTO: U.S. President Joe Biden visits the Cybersecurity Lab at North Carolina Agricultural and Technical State University, Harold L. Martin Engineering Research

China's Ant Group Slapped With Nearly $1 Billion Fine
Business

China's Ant Group Slapped With Nearly $1 Billion Fine

Ant Group, the financial-technology company associated with billionaire Jack Ma, was fined by China’s financial regulators, taking the company closer to the end of its

Australia would not allow AT1 debt security holder wipe-out -minister
Stock Market

China fines Ant 7.1 billion yuan By Reuters

© Reuters. FILE PHOTO-Ant Group sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 6, 2023. REUTERS/Aly Song BEIJING (Reuters)

New York State Built Elon Musk a $1 Billion Factory. ‘It Was a Bad Deal.’
Business

New York State Built Elon Musk a $1 Billion Factory. ‘It Was a Bad Deal.’

Listen to article (2 minutes) BUFFALO, N.Y.—New York spent nearly $1 billion over the past decade on Elon Musk’s ambitious plan for what was supposed

Mallinckrodt in Talks to Cut Opioid Settlement by Up to $1 Billion
Business

Mallinckrodt in Talks to Cut Opioid Settlement by Up to $1 Billion

Mallinckrodt, the financially troubled pharmaceutical company, is in discussions with a compensation trust for opioid victims as it seeks to potentially reduce the amount of

FIS to Sell Majority Stake in Worldpay for $11.7 Billion
Finances

FIS to Sell Majority Stake in Worldpay for $11.7 Billion

Private-equity firm GTCR will hold a 55% stake following the deal that values the payment processor at $18.5 billion. Source link