WASHINGTON, March 30 (Reuters) – The Biden administration has urged banking authorities to tighten regulation of medium-sized banks, which it said could be implemented without support from a divided Congress. Banks with between $100 billion and $250 billion in assets should hold more liquid assets, increase their capital, undergo regular stress tests and write “living … Read more
March 30 (Reuters) – Apple Inc (AAPL.O) on Thursday persuaded a US appeals court to uphold a patent tribunal ruling that could jeopardize a $502 million judgment for patent licensing company VirnetX Inc in its long-running battle of the companies for privacy software technology. The U.S. Court of Appeals for the Federal Circuit upheld a … Read more
NEW YORK, Sept. 29 (Reuters) – A nearly $16 billion JP Morgan fund is expected to reset its options positions on Friday, possibly adding to stock volatility at the end of a dismal quarter for equities. Analysts have historically pointed out that the JPMorgan Hedged Equity Fund’s quarterly reset has been troubled markets, seeing this … Read more
NEW YORK, March 30 (Reuters) – Indicted founder of the FTX cryptocurrency exchange, Sam Bankman-Fried, pleaded not guilty on Thursday to fresh US charges of conspiracy to violate campaign finance laws and bribe Chinese authorities. Bankman-Fried, 31, entered the plea for the new 13 count indictment at a hearing before U.S. District Judge Lewis Kaplan … Read more
30 March (Reuters) – As powerful new anti-obesity drugs hit the US market, medical associations are eager to advise their members on how best to use them for patients. That’s where the debate begins. Some specialists advocate the wide use of drugs such as Novo Nordisk’s (NOVOb.CO) Wegovy, in addition to a healthy diet and … Read more
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