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U.S. banks report profit uptick in first quarter: FDIC

By Pete Schroeder WASHINGTON, May 27 (Reuters) - U.S. banks reported a 3.6% increase in their profits in the first quarter of 2026, rising to $80.5 billion as domestic deposits grew again and banks set aside slightly more against potential losses, the Federal Deposit Insurance... Read More.

Capgemini says AI widens client spending pool

By Leo Marchandon and Coralie Lamarque (REUTERS), May 27 (Rtrs) - Capgemini on Thursday said artificial intelligence was opening access to client spending beyond traditional information technology budgets, as the French technology services group sought to ease investor concerns that the technology could disrupt... Read More.

Boeing increasing 737 production after consulting FAA

By Dan Catchpole and Shivansh Tiwary May 27 (Reuters) - Boeing is increasing 737 production to 47 jets a month, up from 42, after consulting with the Federal Aviation Administration, Boeing CEO Kelly Ortberg said on Wednesday. "We're off and rolling at the 47 rate, and... Read More.

Exxon wins shareholder backing for legal move to Texas

By Sheila Dang and Arunima Kumar HOUSTON, May 27 (Reuters) - Exxon Mobil shareholders on Wednesday approved the company's plan to redomicile in Texas, marking a win for the top U.S. oil producer after two leading proxy advisory firms advised investors to strike down the... Read More.