Business

Clothing brand Reformation files for US IPO

Thursday, June 25 by SRN News

June 25 (Reuters) - Clothing brand Reformation filed for an initial public offering in the United States on Thursday, an SEC filing showed. The U.S. IPO market has seen a resurgence in activity with a flurry of companies coming forward to list their shares to... Read More.

Fed’s Williams: Inflation still too high, rate policy ‘well positioned’ to lower price pressures

Thursday, June 25 by SRN News

By Michael S. Derby June 25 (Reuters) - Federal Reserve Bank of New York President John Williams said on Thursday that while inflation pressures are likely to moderate this year they remain too high, as he pushed back his expectation of getting inflation back to... Read More.

FAA proposes to speed new commercial aircraft certifications

Thursday, June 25 by SRN News

By David Shepardson WASHINGTON, June 25 (Reuters) - The Federal Aviation Administration on Thursday proposed changes to modernize and speed certification of new commercial airplanes and harmonize regulations with Europe. The FAA said by mirroring some requirements with the European Union Aviation Safety Agency it would... Read More.

Top bankruptcy attorney Sprayregen to join US law firm Paul Weiss

Thursday, June 25 by SRN News

By David Thomas June 25 (Reuters) - James Sprayregen, who over three decades built the restructuring practice of Kirkland & Ellis and turned it into the go-to law firm for distressed companies, is joining law firm Paul, Weiss, Rifkind, Wharton & Garrison, the firm said... Read More.

Trading Day: Tech outlook is cloudy

Thursday, June 25 by SRN News

By Jamie McGeever ORLANDO, Florida, June 25 (Reuters) - It was a day of modest reversals across currencies and commodities on Thursday, to varying degrees, as the dollar rally and oil slump paused for breath. Meanwhile, stocks in Europe and Asia rose, but megacap tech... Read More.

Factbox-JPMorgan’s executive reshuffle spotlights Dimon succession plan

Thursday, June 25 by SRN News

By Utkarsh Shetti June 25 (Reuters) - JPMorgan Chase on Thursday named insiders Doug Petno and Troy Rohrbaugh as the bank's co-presidents, in the latest move to pave the way for longtime CEO Jamie Dimon's eventual succession. Dimon, 70, became JPMorgan CEO over two decades... Read More.

Stellantis, Nissan in talks to buy assets from Marelli, Bloomberg News reports

Thursday, June 25 by SRN News

June 25 (Reuters) - Automakers Stellantis and Nissan Motor are in talks to take over some of the assets of the Japanese auto parts supplier Marelli Holdings, Bloomberg News reported on Thursday, citing sources. Reuters could not immediately verify the report. (Reporting by Preetika... Read More.

Fed’s Goolsbee: core inflation still too high, trending wrong way

Thursday, June 25 by SRN News

June 25 (Reuters) - Chicago Federal Reserve President Austan Goolsbee on Thursday said there was a "glimmer of hope" on services inflation in the latest U.S. inflation report, but underlying inflation pressures are still too high and are trending the wrong way. In an... Read More.

JPMorgan Chase plans to expand Community Center program, doubling branches in low-income areas

Thursday, June 25 by SRN News

NEW YORK (AP) - JPMorgan Chase will significantly expand its national "Community Center" program, the bank said Thursday, with plans to double the number of these specialized branches the bank operates particularly in low-income neighborhoods. Along with doubling the number of Community Center branches, the... Read More.

Oil prices edge up on new supply worries after cargo ship hit near Oman

Thursday, June 25 by SRN News

By Scott DiSavino NEW YORK, June 25 (Reuters) - Oil prices edged up about 2% on Thursday after a cargo vessel was hit by an unknown projectile near Oman, sparking worries about how long it could take for oil flows in the Middle East to... Read More.

Current Weather

Clothing brand Reformation files for US IPO

Fed’s Williams: Inflation still too high, rate policy ‘well positioned’ to lower price pressures

FAA proposes to speed new commercial aircraft certifications

Top bankruptcy attorney Sprayregen to join US law firm Paul Weiss

Trading Day: Tech outlook is cloudy

Factbox-JPMorgan’s executive reshuffle spotlights Dimon succession plan

Stellantis, Nissan in talks to buy assets from Marelli, Bloomberg News reports

JPMorgan Chase plans to expand Community Center program, doubling branches in low-income areas

Oil prices edge up on new supply worries after cargo ship hit near Oman

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