July 2 (Reuters) - New York Community Bancorp ( NYCB ) said on Tuesday its one-for-three reverse stock split will become effective after markets close on July 11. The lender has been under pressure since January when it posted a surprise loss for the fourth quarter due to higher provisions tied to its exposure to commercial real estate. In a...

HOUSTON, July 2 (Reuters) - The final member has been chosen for a three-person arbitration panel meant to settle Exxon Mobil's ( XOM ) claim against Chevron's ( CVX ) $53 billion purchase of Hess Corp ( HES ), two people familiar with the matter told Reuters. The panel's formation would be a milestone in a long-delayed process that has...

(Reuters) -Apple ( AAPL ) will get an observer role on OpenAI's board as part of a landmark AI agreement announced last month, Bloomberg News reported on Tuesday. Phil Schiller, the head of Apple's ( AAPL ) App Store and its former marketing chief, was chosen for the position, the report said. The board arrangement will take effect later this...

05:33 PM EDT, 07/02/2024 (MT Newswires) -- Air Transport Services Group ( ATSG ) said Tuesday its Airborne Global Leasing unit has agreed to lease two additional Boeing ( BA ) 767-300 converted freighter aircraft to My Freighter Cargo Airlines. The additional aircraft will expand the Uzbekistan-based cargo airlines' ATSG-leased fleet to five 767-300 freighters, ATSG said. Terms of the...