WASHINGTON (Reuters) – Dozens of Democratic lawmakers on Monday called on the Biden administration to consider the climate and environmental justice impacts of the expansion of the liquefied natural gas (LNG) industry. The 44 lawmakers, including Senators Jeffrey Merkley, Edward Markey and Representatives Jared Huffman and Raul Grijalva, urged the Council on Environmental Quality, a…
RIO DE JANEIRO (Reuters) – The world’ largest economies grouped in the G20 will hold their annual heads of state or government summit next year in Rio de Janeiro, state Governor Claudio Castro said. Brazil will take over the rotating presidency of the G20 from India on Dec. 1. “It’s official,” Castro announced in a…
By Hyunjoo Jin and Ernest Scheyder (Reuters) -Tesla Inc on Monday broke ground on a Texas lithium refinery that CEO Elon Musk said should produce enough of the battery metal to build about 1 million electric vehicles (EVs) by 2025, making it the largest North American processor of the material. The facility will push Tesla…
By Tatiana Bautzer NEW YORK (Reuters) – Investment bankers working on mergers, acquisitions or equity offerings are expected to have their bonuses cut by the biggest proportion on Wall Street this year, compensation consultants Johnson Associates said in a report on Tuesday.As deals dry up, bonuses for investment bankers are forecast to shrink 10% to…
(Reuters) – Americans’ confidence in Federal Reserve Chair Jerome Powell’s economic stewardship has skidded to the lowest of any recent U.S. central bank head, according to a Gallup poll released Tuesday that also showed broad doubts about the country’s economic leadership overall. Just 36% of respondents to a Gallup poll taken last month said they…
(Reuters) – Americans’ confidence in Federal Reserve Chair Jerome Powell’s economic stewardship has skidded to the lowest of any recent U.S. central bank head, according to a Gallup poll released Tuesday that also showed broad doubts about the country’s economic leadership overall. Just 36% of respondents to a Gallup poll taken last month said they…
By Julia Harte NEW YORK (Reuters) – A fierce debate among New Yorkers over whether a former U.S. Marine was justified in choking an agitated homeless man to death on a subway car last week has renewed focus on a perennial question: Just how bad is crime in the nation’s biggest city? Following the killing,…
By Ananya Mariam Rajesh and Deborah Mary Sophia (Reuters) -Coty Inc on Tuesday raised its annual profit forecast for the second time, as the CoverGirl parent banks on price hikes, new launches and resilient demand for its high-end and affordable fragrances and cosmetics. The company also crushed estimates for quarterly earnings, as improving supplies of…
By Philip Pullella VATICAN CITY (Reuters) – Sexual abusers are disgusting “enemies” who deserve to be condemned and punished – but also deserve Christian love and pastoral care because they too are children of God, Pope Francis said. Francis made his comments on April 29 in a private conversation with Jesuits while he was visiting…
By Lucia Mutikani WASHINGTON (Reuters) -U.S. small business confidence fell to more than a 10-year low in April on worries about the near-term economic outlook and persistent worker shortages, but there were few signs that businesses were having difficulties accessing credit. The National Federation of Independent Business (NFIB) said on Tuesday its Small Business Optimism…
