Bloomberg Business

The Federal Reserve is considering changes to its rules governing midsize banks following the collapse of three lenders, a move that may entail extending restrictions currently applying only to the largest Wall Street firms, the Wall Street Journal reported.

Coal India Ltd., which accounts for about four-fifths of the nation’s output of the fuel, is aiming to boost supplies to power plants this summer as unusually hot weather drives electricity demand.

As businesses grapple with how artificial intelligence tools like ChatGPT will affect working practices, one Japanese fintech firm is making it compulsory for new recruits to use the technology and even testing them on it.

Senate Banking Chairman Sherrod Brown said Tuesday that he sees little chance Congress will tighten bank regulations following the collapse of Silicon Valley Bank and Signature Bank, and is urging the Federal Reserve to act unilaterally to impose tougher regulations and pause interest rate increases.

Colombia’s government is proposing to redirect the pension contributions of millions of workers away from private managers and into the public system, while setting up a fund intended to neutralize the impact this would have on the local bond market.

Construction activity isn’t showing any signs of slowing down across North America this year, Caterpillar Inc.’s top executive said on the sidelines of the industry’s largest conference.

Signature Bank was seized by the government Sunday after regulators lost faith in management and depositors fled, according to New York officials.

The new chief executive officer of Silicon Valley Bridge Bank Tim Mayopoulos has one ask: that depositors pivot back to the lender.

Walt Disney Co. is hunting for whoever is responsible for distributing the then unreleased script of its latest Marvel blockbuster Ant-Man and the Wasp: Quantumania.