BLOOMBERG  Bed Bath & Beyond Inc filed for Chapter 11 bankruptcy in New Jersey with plans to shut down, putting thousands of jobs on the line. The US housewares retailer will use the court process to begin liquidating its 360 Bed Bath & Beyond stores and 120 Buy Buy Baby shops, while also searching for a buyer for some or ...

BLOOMBERG US bank deposits fell, indicating the financial system remains fragile after a string of bank failures. Deposits decreased by $76.2 billion in the week ended on April 12, according to seasonally adjusted data from the Federal Reserve. The drop was mostly at large and foreign institutions, but they also fell at small banks. Meantime, commercial bank lending rose $13.8 ...

BLOOMBERG ICICI Bank Ltd reported a 30% rise in profit, helped by robust demand for retail loans in the world’s most populous country. Net income climbed to 91.2 billion rupees ($1.1 billion) in the quarter that ended March 31, compared with 70.18 billion rupees a year ago, according to a statement. That beat the average estimate of 90.4 billion rupees ...