By Matt Tracy (Reuters) -A growing number of U.S. companies are seeking more flexible covenants in their credit agreements to increase their debt loads while avoiding approvals from all their existing lenders, according to a new report by ratings agency Moody’s Ratings. Moody’s said in a report released on Thursday that U.S. corporate borrowers with weaker credit profiles were leaning harder o ...
Investing.com -- President Trump announced plans for a second meeting with Russian President Vladimir Putin in Alaska, potentially including European leaders, following their initial meeting scheduled for Friday. Speaking at the White House on Thursday, Trump said the second meeting "will be more important than tomorrow’s" and that he wants it to "happen very shortly after" the first encounter. ...
Investing.com -- Richmond Federal Reserve President Tom Barkin highlighted ongoing demographic challenges in the labor market as baby boomers exit the workforce during a virtual event on Thursday. Barkin indicated that uncertainty persists in hiring trends, stating "we’re not seeing fog lift on the hiring side." Despite these challenges, he noted that businesses are not currently preparing for l ...
(Reuters) -The cyberattack at UnitedHealth Group’s tech unit last year impacted 192.7 million people, the U.S. health department’s website showed on Thursday. In January, the company had estimated the hack at Change Healthcare affected the personal information of 190 million people. The cyberattack — the largest healthcare data breach in the United States to date — was disclosed in Februar ...