By Nichola Groom (Reuters) – A U.S. House of Representatives committee voted in favor of restoring tariffs on solar panels from four Southeast Asian nations on Wednesday and reversing President Joe Biden’s earlier suspension, setting the resolution up for a vote by the full House. Biden suspended tariffs last June as part of a key…
By Nichola Groom (Reuters) – A U.S. House of Representatives committee voted in favor of restoring tariffs on solar panels from four Southeast Asian nations on Wednesday and reversing President Joe Biden’s earlier suspension, setting the resolution up for a vote by the full House. Biden suspended tariffs last June as part of a key…
By Timothy Gardner WASHINGTON (Reuters) – The Biden administration said concerns of Republican lawmakers that last year’s record drawdown of oil from the Strategic Petroleum Reserve damaged the system’s delicate salt caverns were unfounded, a letter seen by Reuters on Wednesday showed. The administration last year sold an unprecedented 180 million barrels of oil from…
(Reuters) – Zions Bancorporation missed estimates for quarterly profit on Wednesday as higher provisions to cover loan losses offset the impact of rising rates on its interest income. Shares of Utah-based Zions fell 3% to $31.75 in extended trading after the lender reported a 3% drop in deposits from the previous quarter and a 16%…
By Liz Hampton (Reuters) – Louisiana likely will receive permitting authority over wells designed to capture and store greenhouse gases by the end of the year, U.S. Congressman Garret Graves, who represents a southern section of the state, said on Tuesday. The state, which houses a large number of refineries and other industrial facilities, has…
By Clark Mindock (Reuters) – Neighbors of Seattle-Tacoma International Airport on Wednesday sued the airport’s operator and two airlines over jet pollution they said is making them sick and damaging their properties. In a proposed class action lawsuit filed in Washington state court, residents who live within five miles of the airport claimed pollution including…
By Brendan Pierson (Reuters) -GenBioPro Inc, maker of the only U.S. generic version of the abortion pill mifepristone, on Wednesday filed a lawsuit seeking to ensure that it can continue selling its pill amid ongoing legal challenges. The lawsuit, filed in federal court in Baltimore, comes as the U.S. Supreme Court is poised to decide…
By Chuck Mikolajczak NEW YORK (Reuters) – A gauge of global stocks slipped on Wednesday after back-to-back gains as investors digested the latest earnings reports, while Treasury yields climbed as British inflation data solidified expectations of more interest rate rises by central banks. U.S. stocks closed little changed, with the S&P 500 slightly below the…
By Sarah N. Lynch and Michael Martina WASHINGTON (Reuters) – China and Iran are becoming increasingly brazen in their attempts to silence dissidents on American soil and influence U.S. policy, the FBI warned on Wednesday. In a news briefing with reporters about transnational repression, FBI counterintelligence officials urged victims to come forward, saying the bureau…
WASHINGTON (Reuters) – Internal Revenue Service Commissioner Danny Werfel urged Congress on Wednesday to approve a $1.8 billion annual budget increase as Republicans criticized the agency’s spending plans for $80 billion in new long-term funding as too heavy on enforcement. Werfel told a Senate Finance Committee hearing that the Biden administration’s $14.1 billion fiscal 2024…
