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Federal ReserveU.S. authorities are considering the expansion of an emergency lending facility that would offer banks more support. The move could give First Republic Bank more time to shore up its balance sheet, Bloomberg News reported. The Federal Reserve did not immediately respond to a Reuters request for a comment.
US mulls more support for banks while giving First Republic time
50% Center coverage: 6 sources
Europe · BrusselsThe European Commission wants to require companies in Europe to back up climate-friendly claims about their products with evidence, under draft rules to stamp out misleading green labels for products from clothing to cosmetics.
EU to propose clampdown on companies using fake 'green' claims
55% Center coverage: 11 sources
Business · WashingtonThe Federal Aviation Administration on Wednesday issued a safety alerts to airlines, pilots and others about the "need for continued vigilance and attention to mitigation of safety risks" after a series of high-profile near collisions.
FAA issues safety alert to airlines, pilots after near-miss incidents
79% Center coverage: 46 sources
Business · HoustonOil prices rose more than 2% on Tuesday, extending a retreat from a 15-month low hit the previous day, as the rescue of Credit Suisse allayed concerns of a banking crisis that would hurt economic growth and cut fuel demand.
Oil rises for second day as banking fears ease for now
67% Center coverage: 12 sources
Ron DeSantis · FloridaGov. Ron DeSantis (R-Fla.), is urging Florida lawmakers to pass a bill that would ban a federal digital currency in his state, calling it an attempt to push “woke ideology,” the Orlando Sentinel reported.
DeSantis goes after digital currency in attempt to ban federal effort
50% Center coverage: 14 sources
Joko Widodo · YogyakartaIndonesia's parliament on Tuesday passed into law an emergency decree on jobs and investment, eliminating legal uncertainty hanging over measures President Joko Widodo has pushed to spur investment in Southeast Asia's largest economy.
Indonesia passes jobs decree into law, easing investment uncertainty
50% Right coverage: 10 sources
BusinessCryptocurrency hedge fund Galois Capital is shutting down after half of its assets got stuck in FTX. The firm told investors that it had stopped all trading operations and exited all of its positions because it is no longer viable. Galois plans to return the remaining funds to investors.
Hedge fund Galois shuts down after half its assets trapped on FTX
60% Center coverage: 5 sources
BusinessAmazon's self-driving vehicle unit, Zoox, says it has successfully tested a robotaxi with employees as passengers on a public road. The Feb. 11 test was part of the launch of a no-cost employee shuttle service. Zoox declined to provide a timeline for the commercial launch, which will need government clearances.
Amazon's Zoox tests robotaxi on public road with employees as passengers
57% Center coverage: 7 sources
