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28 Apr

First Republic shares plunge as report says bank set for FDIC receivership

(Reuters) -Shares of First Republic Bank tumbled nearly 32% on Friday after a CNBC report said the troubled lender was most likely headed for receivership under the U.S. Federal Deposit Insurance Corporation (FDIC).

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28 Apr

First Republic shares erase gains as rescue-deal optimism wanes

(Reuters) -Shares of First Republic Bank dipped in the early hours of trading on Friday, reversing earlier gains as investors digested news of a potential rescue deal brokered by the U.S. government.

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28 Apr

Exxon delivers a record first-quarter profit on higher output

Exxon Mobil Corp on Friday reported a record first-quarter profit that was more than double from a year ago and topped Wall Street estimates as rising oil and gas output overcame a pullback in energy prices from high levels.

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28 Apr

First Republic shares gain on hopes of rescue deal

Shares of First Republic gained 11% in premarket trading on Friday after a report that U.S. officials are coordinating urgent talks to rescue the regional lender as private-sector efforts led by the bank's advisers have yet to reach a deal.

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26 Apr

Tyson Foods to eliminate 10% of corporate jobs - memo

Tyson Foods Inc will eliminate about 10% of corporate jobs and 15% of senior leadership roles, Chief Executive Donnie King told employees on Wednesday.

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28 Apr

Exxon delivers record first-quarter profit on higher output

HOUSTON (Reuters) -Exxon Mobil Corp on Friday reported a record first-quarter profit that was more than double a year ago and topped Wall Street estimates as rising oil and gas output overcame a pullback in energy prices from high levels.

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26 Apr

Tesla broke U.S. labor law by silencing workers, official rules

Tesla Inc supervisors at a Florida service center violated U.S. labor law by telling employees not to discuss pay and other working conditions or bring complaints to higher level managers, a U.S. labor board official has ruled.

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