US bank regulators announce sweeping proposals on capital rules
WASHINGTON (Reuters) -U.S. regulators unveiled a sweeping overhaul Thursday that would direct banks to set aside billions more in capital…
2023
White House says there is no possibility Biden would pardon his son
OTTAWA (Reuters) – The White House said on Thursday there was no possibility President Joe Biden would pardon his son…
US Republicans urge more funding for submarines in light of AUKUS deal
By Patricia Zengerle WASHINGTON (Reuters) – Twenty-five U.S. Republican lawmakers urged President Joe Biden on Thursday to increase funding for…
US Senate panel passes AM radio, ticket fee pricing bills
By David Shepardson and Diane Bartz WASHINGTON (Reuters) – The U.S. Senate Commerce Committee approved legislation on Thursday to bar…
ECB fans talk of September pause after raising rates to 23-year high
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) -The European Central Bank raised interest rates for the ninth consecutive time…
Biden seeks heat hazard alert, provides $1 billion to plant trees
WASHINGTON (Reuters) – U.S. President Joe Biden said on Thursday he had asked Acting Labor Secretary Julie Su to issue…
Teck CEO says mulls partial sale of coal unit as Glencore circles
By Arunima Kumar and Divya Rajagopal (Reuters) -The CEO of Teck Resources Ltd said on Thursday that the Canadian miner…
Ferrovial first-half profit more than doubles, helped by US road revenue
MADRID (Reuters) – Infrastructure giant Ferrovial on Thursday reported a first-half net profit of 114 million euros ($125 million), more…
Biden to host Camp David summit with Japan and South Korea next month -US congressman
By David Brunnstrom WASHINGTON (Reuters) – U.S. President Joe Biden is expected to host the leaders of Japan and South…
AbbVie trims forecast for Humira sales drop on favorable coverage
By Leroy Leo and Patrick Wingrove (Reuters) -AbbVie on Thursday trimmed its 2023 view for declining sales of its flagship…