(Reuters) -JPMorgan Chase has appointed Mike Lister and Brennan Spry as co-heads of North America corporate banking, according to an internal memo seen by Reuters.
The move is aimed at reinforcing the Commercial and Investment Banking (CIB) unit, which has shown considerable strength and is a key driver of growth at the largest U.S. bank.
The New York-based bank beat estimates for second quarter profit on Tuesday, helped by robust... (continue reading...)
By Vitalii Yalahuzian and Catarina Demony
LONDON (Reuters) -Sixteen and 17-year-olds celebrated their newly granted right to vote in all UK elections on Thursday, but cautioned that proper education was vital to boost turnout and protect young voters from political misinformation on social media.
"I'm really happy about it because I've always been kind of frustrated just watching politics and not being able to do anything," said 16-year-old... (continue reading...)
By Blake Brittain
(Reuters) -A California federal judge ruled on Thursday that three authors suing artificial intelligence startup Anthropic for copyright infringement can represent writers nationwide whose books Anthropic allegedly pirated to train its AI system.
U.S. District Judge William Alsup said the authors can bring a class action on behalf of all U.S. writers whose works Anthropic allegedly downloaded from "pirate libraries" LibGen... (continue reading...)
MOSCOW (Reuters) -Russia's largest lender Sberbank wants to offer custody services for Russian cryptocurrency assets, the state-owned bank said on Thursday, seeking a leading role in Russia's development of digital assets.
Russia's central bank has softened its opposition to cryptocurrencies, backing a law last year that let businesses use them in international trade to help skirt Western sanctions imposed on Russia over its conflict in Ukraine.
... (continue reading...)(Reuters) -The U.S. Food and Drug Administration has approved Juul's original vaporizer and refill cartridges in tobacco and menthol flavors, a source familiar with the matter told Reuters on Thursday.
The FDA in 2022 had banned Juul's four varieties of tobacco and menthol-flavored pods and the e-cigarette device after it concluded that the company failed to show that sale of these products would be appropriate for public health.
The Wall... (continue reading...)
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