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The Federal Reserve terminated its July 2023 cease-and-desist order related to the Archegos losses, closing a public enforcement case involving UBS and Credit Suisse.
Creditors with terrorism judgments ask a New York court to compel Tether to cancel and reissue $344.1m in frozen USDT tied to Iran sanctions.
Senate confirmed Kevin Warsh as Fed chair 54-45, sending Treasury yields higher and cutting odds of a June rate cut amid hotter inflation data.
The SEC submitted a proposed rescission of its 2024 climate-disclosure rule to OIRA on May 4, signaling a formal move to undo the rule and reopen review.
Post-mediation talks broke down May 13, raising the risk of an 18‑day strike at Samsung, a key player in global memory-chip supply chains.
May 7 court ruling finds President Trump exceeded Section 122 authority for a 10% tariff, but injunction and refunds apply only to the plaintiffs who sued.
Consumer prices rose 0.6% in April; annual inflation accelerated to 3.8% as gasoline and shelter drove gains, while core CPI rose 2.8%.
Hub Group's audit committee says audited financial statements for 2023 and 2024 were materially misstated and should not be relied on.
Toyota sold 9.595 million vehicles in FY2026 and revenue rose to ¥50.685 trillion, but operating profit fell after U.S. tariffs cut about ¥1.4 trillion.
Teamsters say 100+ Breakthru Beverage drivers and warehouse workers in St. Louis have launched an unfair-labor-practice strike over contract disputes, halting some deliveries.
Coinbase will cut about 700 jobs—roughly 14%—and take $50–60M in restructuring charges amid weak crypto markets and a shift toward AI.
Bank of Canada Gov. Tiff Macklem warned rates could rise or fall: cuts if U.S. trade curbs dent growth, hikes if sustained oil-driven inflation spreads. Rate held at 2.25%.
The UK FCA confirmed antitrust investigations of Mastercard, Visa and PayPal over how PayPal’s digital wallet is funded and used; no findings yet.
President Trump granted a permit April 30 for Bridger’s cross-border pipeline into Montana, but federal and state reviews and legal fights remain.
The SEC proposed letting U.S. public companies swap quarterly 10-Qs for a single semiannual 10-S, aiming to reduce filings while preserving 8-K disclosures.
Teamsters ratified a four-year national DHL deal, securing a 20% wage increase, higher benefits and explicit safeguards against AI routing and autonomous vehicles.
Pfizer posted 5% revenue growth in Q1 and kept its 2026 outlook, as gains from newer drugs offset steep declines in Comirnaty and Paxlovid sales.
Bank of Canada staff research finds a 28% drop in deadweight tonnage through Canadian ports and a marked fall in maritime network connectivity from 2016–2023.
Sunnyvale AI-chip maker plans to sell 28m shares at $115–$125 for a Nasdaq CBRS listing; implied valuation about $26.6B with concentrated customers.
Spirit's collapse was structural, not unique. Reading the FY2025 10-Ks of JBLU, ULCC and ALGT side by side, Frontier's debt amortisation profile and 2025 cash burn are closest to the pattern.