(Reuters) - Embattled lender New York Community Bancorp said on Thursday that its Chief Operating Officer Julie-Ann Signorille-Browne has resigned from her role, effective May 24.
(Reporting by Arasu Kannagi Basil in Bengaluru; Editing by Shounak Dasgupta)
By Daphne Psaledakis
WASHINGTON (Reuters) - The U.S. Treasury Department is exploring a limited easing of U.S. sanctions on Israeli mining magnate Dan Gertler to facilitate his exit from the Democratic Republic of Congo, a U.S. official said on Thursday.
The U.S. Treasury imposed sanctions on Gertler and more than 30 of his businesses in December 2017 and June 2018, accusing him of leveraging his friendship with former Congo President... (continue reading...)
By Abigail Summerville
NEW YORK (Reuters) - Private equity firm Roark Capital is exploring a sale of Primrose Schools that could value the U.S. education franchise at nearly $2 billion, including debt, people familiar with the matter said on Thursday.
Roark has tapped boutique investment bank R. W. Baird to launch a sale process for Atlanta, Georgia-based Primrose, the sources said, requesting anonymity as the discussions are... (continue reading...)
(Reuters) -Reddit has partnered with OpenAI to bring the social media platform's content to popular chatbot ChatGPT, the companies said on Thursday, sending Reddit's shares up 12% in extended trade.
The deal underscores Reddit's attempt to diversify its revenue stream by making its user-generated content available for training of artificial intelligence models.
OpenAI will also become a Reddit advertising partner as part of the deal.
... (continue reading...)(Reuters) - The New York State Public Service Commission (NYPSC) on Thursday said that the average electricity prices for full-service residential customers are expected to be lower than last year contingent on location, demand, and market prices.
Customers can expect a statewide average supply cost of $207.88 this summer, down nearly 3% from $231.95 previous year, NYPSC added.
NYPSC said peak summer demand for electricity continues to... (continue reading...)
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