Alexa Woronowicz

December 06, 2022 | Daily Business Review

Wells Fargo & Co. Chief Executive Officer Charlie Scharf said the bank is working to find the right balance of how much to raise the rates it's paying depositors while protecting the firm's profitability.

By Sridhar Natarajan and Kevin Orland, Bloomberg News

2 minute read

December 06, 2022 | Daily Business Review

Markets struggled for direction Tuesday as traders weighed prospects for a slowdown in the pace of U.S. rate hikes against data that suggest tighter policy may be needed for longer.

By Cecile Gutscher, Bloomberg News

3 minute read

December 06, 2022 | Daily Business Review

The U.S. trade deficit widened for a second month in October, as the value of imports increased and exports declined, which may weigh on economic growth in the fourth quarter.

By Augusta Saraiva, Bloomberg News

2 minute read

November 29, 2022 | Daily Business Review

Stocks fell, with some of the world's largest technology companies leading losses as Treasury yields climbed.

By Rita Nazareth, Bloomberg News

3 minute read

November 28, 2022 | The Legal Intelligencer

A Pennsylvania judge has recommended the state's high court impose civil contempt penalties against a Republican-majority county government that this summer secretly allowed a third party to copy data from voting machines used in the 2020 election lost by former President Donald Trump.

By Mark Scolforo, The Associated Press

2 minute read

November 23, 2022 | Daily Business Review

The U.S. Federal Trade Commission said Meta Platforms Inc. stifled competition when it halted plans to build its own virtual reality fitness app and opted to buy Within Unlimited Inc. instead. But the company denied that it ever planned to move forward with a product.

By Alex Barinka and Leah Nylen, Bloomberg News

5 minute read

November 23, 2022 | Daily Business Review

Moton Hopkins went from being one of the state's most-successful Black farmers to working odd jobs to support his family, after a devastating drought and discrimination by the federal government wiped out the Florida native's livelihood.

By Dara Kam, News Service of Florida

6 minute read

November 23, 2022 | Daily Business Review

On Tuesday, more than eight years after losing the primary to Republican Jay Fant by the narrowest of margins, Renner took the gavel as state House speaker—one of the most powerful positions in Florida.

By Jim Saunders, News Service of Florida

4 minute read

November 22, 2022 | Daily Business Review

Cryptoasset lender Nexo Capital Inc. was sued in London by investors who allege they were blocked from withdrawing parts of their $126 million in assets from the exchange in March 2021, when one bitcoin was worth more than $54,000.

By Upmanyu Trivedi, Bloomberg News

2 minute read

November 22, 2022 | Daily Business Review

One of the biggest rail unions rejected its deal Monday, joining three others that have failed to approve contracts over concerns about demanding schedules and the lack of paid sick time. That raises the risk of a strike, which could start as soon as Dec. 5.

By Josh Funk, The Associated Press

7 minute read