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May, 7, 2016

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Business > Americas
Earnings from large U.S. banks in the first quarter revealed more oil-bust pain, with banks raising reserves for additional bad energy loans and for defaults from related industries, like shipping.
 
Argentina made its return to international financial markets Monday, receiving offers from investors for its sovereign bonds ahead of its first debt sale in 15 years, a government source said.
 
Things in Venezuela keep finding ways to get worse. Because of acute shortages, people can't find basics like toilet paper. Now, it will be harder to make overseas calls or watch pay TV.
 
Tourists spending more in Las Vegas: report
Tourists are spending more money on their trips to Sin City, according to a new report by the Las Vegas tourism board.
 
Argentina seeks to end 15 years of financial isolation on Monday when it sets out to borrow cash on international credit markets for the first time since a 2001 default.
 
The U.S. Department of Agriculture will buy up to 13.6 million kilograms of wild blueberries to help stabilize prices and supply, as officials say the low value of the Canadian dollar has hurt one of Maine's signature industries.
 
The vast majority of Americans say they prefer lower prices instead of paying a premium for items labeled "Made in the U.S.A.," even if it means those cheaper items are made abroad, according to an Associated Press-GfK poll.
 
Quadriplegic patient gains use of hand: study
Six years after becoming paralyzed from the chest down, an American man can use his right hand to stir coffee and swipe a credit card, a groundbreaking study reported on Wednesday.
 
JPMorgan Chase said Wednesday that its first-quarter profit fell more than 8 percent from a year earlier and the bank tried to soothe investor concerns after it failed a key regulatory test designed to prevent another financial crisis.
 
U.S. regulators say that five of the biggest banks in the U.S. have inadequate plans for unwinding operations in case of failure, potentially leaving them unable to cope with financial distress without another taxpayer bailout.
 
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