Industry
U.S. Banking Regulators Finalize Rule Lowering Community Bank Leverage Ratio to 8%
Federal regulators finalized a rule lowering the Community Bank Leverage Ratio to 8% and lengthening the grace period for small banks.
Finance
Markets, economy, and industry.
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Industry
Golden Pass LNG Ships First Export Cargo on April 22, Adding U.S. Capacity
Golden Pass LNG loaded its first cargo on April 22 at Sabine Pass, Texas, becoming the 10th U.S. export terminal and boosting exports by ~2.1 Bcf/d.
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Financial Markets
Boeing posts near break-even quarter as backlog hits record $695 billion
Boeing posted a small Q1 net loss and negative free cash flow as deliveries, defense revenue and backlog rose to a record $695 billion.
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Industry
Longtime Xbox Executive Kiki Wolfkill Leaves Microsoft After 28 Years
Kiki Wolfkill, Xbox’s head of IP expansion and longtime Halo executive producer, left Microsoft on April 17 after nearly 28 years; next role unannounced.
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Industry
Army Discloses $2.7 Billion Dark Eagle Production Award but Leaves Contractor Unnamed
Army announced a $2.7 billion production contract for the Dark Eagle hypersonic glide body tied to an accelerated FY2026 fielding, but did not name the contractor.
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Economy
Bank of Korea Governor Hyun Song Shin Outlines Four‑Point Agenda Emphasizing Prudence, Stability and CBDC Expansion
In his inaugural address, Bank of Korea Governor Hyun Song Shin set a four‑part agenda: prudent, flexible policy; stronger financial‑stability monitoring; boosting the won in digital payments; and deeper research on Korea’s structural challenges.
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Financial Markets
RTX Raises 2026 Sales and EPS Outlook After 10% Organic Q1 Growth
RTX raised its 2026 adjusted sales and EPS guidance after reporting 10% organic Q1 sales growth, rising backlog and stronger margins across its businesses.
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Industry
Pompano Beach UNFI Warehouse Ratifies First Teamsters Contract with 31% Raise
More than 200 UNFI warehouse workers in Pompano Beach ratified a five-year Teamsters contract with a 31% wage increase, pension and Teamsters health care.
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Economy
Hyun Song Shin Confirmed as Bank of Korea Governor After Parliamentary Approval
The BIS congratulated Hyun Song Shin after South Korea’s National Assembly committee adopted his confirmation, marking his return from the BIS to lead the Bank of Korea.
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Economy
Canada inflation accelerates to 2.4% in March as gasoline surge lifts headline rate
Canada’s annual inflation rose to 2.4% in March as a record monthly gasoline price jump pushed up energy costs, while core measures stayed near 2%.
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Financial Markets
BIS warns rapid growth of dollar-backed stablecoins could threaten credit and financial stability
BIS says the $315bn dollar-backed stablecoin market could affect credit, Treasury funding and monetary policy and urges coordinated global rules.
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Industry
After Intrepid’s Collapse, Court Battle Over ‘Ashes of Creation’ Source Code and Alleged Unpaid Wages
Intrepid Studios collapsed weeks after Ashes of Creation's Early Access launch. Now lawsuits seek control of the game's code and probe unpaid wages.
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Financial Markets
Morgan Stanley launches lower-fee U.S. spot bitcoin trust MSBT on NYSE Arca
Morgan Stanley began trading the Morgan Stanley Bitcoin Trust (MSBT) on April 8, offering a 0.14% fee and drawing about $103M in early inflows.
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Industry
Jury Finds Live Nation, Ticketmaster Illegally Monopolized Concert Ticketing
A Manhattan jury found Live Nation and Ticketmaster illegally monopolized concert ticketing and overcharged fans, sending the case to a remedies phase.
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Industry
BBC to Cut Up to 2,000 Jobs to Close About £500 Million Funding Gap
BBC will cut 1,800–2,000 jobs over two years to close a roughly £500m shortfall as licence-fee income falls and leadership changes loom.
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Industry
FTC and Eight States File Complaint Against Major Ad Agencies Over Alleged Brand‑Safety Collusion
FTC and eight states say WPP, Publicis and Dentsu colluded through industry groups to impose a 'brand safety' floor that cut ad revenue from sites.
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Industry
FTC Orders Rollins to Stop Enforcing Noncompetes for Over 18,000 Workers
FTC says Rollins' noncompetes barred many low-wage workers; agency orders company to stop enforcement and warns other pest-control firms.
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Industry
FedEx and Pilots Reach Tentative Deal to Raise Pay About 40% and Deliver Large Back Pay
FedEx and its pilots’ union reached a tentative multi‑year pact to raise hourly pay about 40% in 2026 and deliver substantial retroactive cash.
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Industry
Raytheon Signs $3.7 Billion Deal to Supply Patriot GEM‑T Missiles to Ukraine as German Line Scales Production
RTX says it signed a $3.7B direct commercial sale of Patriot GEM‑T interceptors to Ukraine, backed by a new production line in Schrobenhausen, Germany.
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Industry
Dow Elevates COO Karen S. Carter to CEO; Jim Fitterling to Become Executive Chair on July 1, 2026
Dow will name COO Karen S. Carter CEO on July 1, 2026; current CEO Jim Fitterling becomes executive chair as the company advances its transformation.