GM recalls 42,000 vehicles in Canada for air bag defect
By David Shepardson WASHINGTON (Reuters) -General Motors said on Monday it will recall 42,000 sport utility vehicles in Canada from…
Business
Exxon settles Indonesia torture case that led to SEC official’s ouster
By Andrew Goudsward (Reuters) – Exxon Mobil Corp on Monday settled a long-running human rights lawsuit with villagers who claimed…
New York Fed finds big slowdown in new mortgage creation in first quarter
By Michael S. Derby NEW YORK (Reuters) -Americans’ appetite for taking on new mortgages slowed substantially during the first quarter,…
Former Silicon Valley Bank CEO says rate hikes, withdrawals sank firm
By Pete Schroeder and Hannah Lang WASHINGTON (Reuters) -Greg Becker, former CEO of failed lender Silicon Valley Bank, apologized in…
Oil gains over 1%, ends losing streak on tightening supplies
By Shariq Khan BENGALURU (Reuters) -Oil prices rose a dollar a barrel on Monday after three straight sessions of declines,…
Explainer-Biden’s budget vs. Republican debt ceiling bill on spending, deficits, taxes
By David Lawder WASHINGTON (Reuters) -President Joe Biden’s administration and Republicans in the U.S. Congress are in talks to end…
US dollar retreats from five-week high as debt ceiling stalemate weighs
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar fell from a five-week high on Monday, as investors consolidated gains…
Republicans reject White House tax loophole proposal in debt talks -WaPo
WASHINGTON (Reuters) – The White House last week gave Republican lawmakers a list of proposals to reduce the deficit by…
Delta considers large Airbus wide-body order for long-haul flights – Bloomberg
(Reuters) – Delta Air Lines Inc is in talks with Airbus SE for a large wide-body aircraft order, Bloomberg News…
‘Big Short’ investor Burry bet on regional banks in first quarter
By David Randall NEW YORK (Reuters) – Hedge fund manager Michael Burry, who rose to fame with his bets against…