Bloomberg Business

First Republic Bank’s membership in the S&P 500 could be in jeopardy after the troubled bank’s stock set a new all-time low that pushed its market capitalization below $1 billion.

Firms building electric-vehicle components in Canada won’t necessarily get the same massive subsidy package that Volkswagen AG just received, Prime Minister Justin Trudeau said.

Lyft Inc.’s new chief executive officer told employees to prepare for a series of changes, including returning to the office, the New York Times reported.

The Federal Reserve’s bank-supervision chief called for an extensive reevaluation of requirements for US financial firms as regulators said the failures of Silicon Valley Bank and Signature Bank exposed lapses in oversight.

Oil fell for a second consecutive week even as an earnings-driven rally on Wall Street pushed prices higher.

Delivery is slowing as consumers seek savings and return to in-person dining, according to Chipotle Mexican Grill Inc. and Domino’s Pizza Inc.

German Labor Minister Hubertus Heil said he believes artificial intelligence will eventually create more jobs than it kills, while also helping to alleviate a labor shortage in the country.

Colombia raised interest rates to the highest level since 1999 after political turmoil triggered a plunge in the nation’s bonds and currency this week.

Ron DeSantis is eyeing the first two weeks of June to formally jump into the 2024 presidential race, according to people familiar with the deliberations, as his long-expected bid shows signs of sputtering before its official launch.