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JPMorgan, PNC toss final offers for FPB at an auction

Among the banks that filed final offers for First Republic Bank (FRC.N) yesterday in an official auction by US regulators were as follows: PNC Financial Services Group...

Tesla must enable EV chargers in order to get billions from the US government

Elon Musk, the CEO of Tesla, has frequently mentioned exposing his Supercharging network to rivals, but he has never really done so in the...

Weekly jobless filings rise in the US; labour sector still tough

More Americans than anticipated last week filed new allegations for unemployment benefits, but the underlying pattern continued to indicate a tight work market.Despite escalating...

S&P 500 and Nasdaq gain on Microsoft’s improvement

Tuesday had seen a slight increase in the S&P 500 and Nasdaq, backed by advances in Microsoft shares, as markets’ participants awaited feedback from...

To avert collapse, Bed Bath & Beyond seeks to collect $1 billion

In a last-ditch effort to avoid bankruptcy, Bed Bath & Beyond Inc (BBBY.O) announced on Monday that it planned to raise around $1 billion...

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