By David Shepardson WASHINGTON (Reuters) -U.S. auto safety investigators on Tuesday said they are opening an investigation into 346,000 Ford…
Tag: Updated
US House hardliners step up spending pressure as showdown looms
By David Morgan and Richard Cowan WASHINGTON (Reuters) -More than 20 U.S. House Republican hardliners warned Speaker Kevin McCarthy on…
Fed plans to boost US banks’ reserve requirements; industry gripes
By Pete Schroeder WASHINGTON (Reuters) – The Federal Reserve’s top regulatory official laid out a sweeping plan to increase capital…
Icahn restructures $3.7 billion in loans to remove company’s stock drag
(Reuters) -Carl Icahn disclosed on Monday he restructured $3.7 billion in personal loans to remove a link between his obligation…
Alibaba and Tencent buoyed by hopes China tech crackdown to end
By Scott Murdoch and Julie Zhu HONG KONG (Reuters) – Alibaba Group and Tencent shares rose in Hong Kong on…
Business leaders left in limbo by rate hike impact lag
By Leigh Thomas and Mathieu Rosemain AIX-EN-PROVENCE, France (Reuters) -An unusually long lag in the time interest rate hikes are…
As earnings loom, investors weigh recession resilience
By David Randall NEW YORK (Reuters) -As second-quarter earnings approach, investors are looking at beaten-down sectors which might gain ground…
Yellen urges US-China cooperation on economy, climate
By Andrea Shalal BEIJING (Reuters) – U.S. Treasury Secretary Janet Yellen on Saturday urged closer communication between China and the…
Ant’s surprise share buyback values firm at steep 75% discount to IPO
By Julie Zhu and Josh Ye HONG KONG (Reuters) -Ant Group on Saturday announced a surprise share buyback that values…
Wall Street ends choppy day lower after jobs data
By Lewis Krauskopf, Bansari Mayur Kamdar and Johann M Cherian (Reuters) – Wall Street’s main indexes ended lower on Friday…