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Bank of America CEO sees at least 10% drop in Q3 investment banking fees
1+ hour, 2+ min ago (241+ words) NEW YORK, Sept 14 (Reuters) – Bank of America expects its investment banking fees to drop by at least 10% in the third quarter, while sales and trading revenue will be flat, CEO Brian Moynihan said on Monday. Shares of BofA extended losses…...
Drone attack sparks massive fire at agricultural enterprise in Kharkiv region
51+ min ago (105+ words) Lozova Mayor Serhii Zelenskyi reported this on Facebook, according to Ukrinform. “A massive fire broke out in the Lozova community. The enemy attacked an agricultural enterprise with drones,” he wrote. Several teams of rescuers and additional emergency services were deployed…...
German Minister Has ‘Constructive’ Orcel Talk on Commerzbank | Company Business News
59+ min ago (453+ words) (Bloomberg) -- German Finance Minister Lars Klingbeil gave a cautiously positive readout from his meeting with UniCredit SpA Chief Executive Officer Andrea Orcel in which he outlined the demands he wants the Italian lender to respect once it controls Commerzbank AG....
Colgate-Palmolive seeks to divest some personal care brands: Report
3+ day, 4+ hour ago (365+ words) Colgate-Palmolive, is exploring a sale of certain mass-market personal care brands including Softsoap, Irish Spring and Speed Stick, sources familiar with the matter told Reuters. The consumer goods company is working with investment bank Goldman Sachs on the process, the…...
Fed rate hike on Wednesday now likely, say economists, and at least one more to follow: Reuters Poll - AOL
15+ hour, 6+ min ago (693+ words) BENGALURU, Sept 14 (Reuters) - The Federal Reserve will raise its interest rate on Wednesday and deliver at least one more hike by the end of March, according to a majority of economists polled by Reuters, reversing a fragile no-change consensus that…...
Japan targets $550B US investment push, eyes nuclear tranche worth $200B
2+ hour, 32+ min ago (341+ words) The deal caps tariffs on Japanese goods at 15% in exchange for massive energy infrastructure spending, with Westinghouse reactors and small modular reactors leading the charge. Takeshi Kuboki from Amagasaki, Japan Japan has pledged $550 billion in US investment as part of…...
US private debt default rate hits record high in August: Fitch Ratings
1+ hour, 35+ min ago (319+ words) The trailing 12-month default rate for private credit borrowers climbed to 6.3%, with healthcare and industrial sectors bearing the heaviest losses The US private credit market just posted its worst default numbers on record. Fitch Ratings reported that the trailing 12-month…...
VTD Shows Potential to Modify Cystic Fibrosis Progression in Young Children: Study
4+ hour, 14+ min ago (54+ words) Ten Years to Dapagliflozin Metformin FDC Approval in India - 10 Key Points to Revisit Overcoming the Challenge of Maintaining Weight Reduction Sympathetic Overactivity: The Driver of Hypertension in Young Indians India's Medical Startups: From Innovation to Impact - Prof. (Dr) Yogendra Kumar…...
Anthropic Makes $13.7 Compute Deal With Trump-Linked Rum Group
2+ hour, 32+ min ago (462+ words) Anthropic has reportedly signed a $13.7 billion deal with Rum Group, a social media/AI infrastructure company. The six-year deal with Rum — which owns conservative-leaning video platform Rumble, and is linked to President Donald Trump’s administration — was reported Monday (Sept. 14) by…...