Fed monetary policy mechanics would be tested by US debt default
By Michael S. Derby NEW YORK (Reuters) – A default on U.S. Treasury debt would be a leap into the…
Business
Mexico asks Texas to halt costly cargo inspections; will file USMCA complaint
MEXICO CITY (Reuters) – Mexico’s economy ministry is urging the U.S. state of Texas to remove inspections of cargo crossing…
Who is Greg Becker, the former head of failed Silicon Valley Bank?
By Hannah Lang (Reuters) – Greg Becker, the former chief executive officer of Silicon Valley Bank, is set to appear…
Fed’s Bostic: if vote on policy were today, would vote to hold steady
(Reuters) – Atlanta Federal Reserve Bank President Raphael Bostic on Monday said if he were voting on monetary policy today…
SpaceX hires former NASA human spaceflight chief for Starship role
By Joey Roulette WASHINGTON (Reuters) – Elon Musk’s SpaceX has tapped NASA’s former human spaceflight boss Kathy Lueders to help…
Goldman fined $7 million by ECB over credit risk reporting
FRANKFURT (Reuters) -The European Central Bank said on Monday it had fined Goldman Sachs’ European unit 6.63 million euros ($7.3…
Elliott pushes for NRG Energy overhaul after disclosing position
By David French and Mrinalika Roy (Reuters) – Activist investor Elliott Investment Management LP is calling for a boardroom overhaul…
Russia approves sale of Volkswagen plant to domestic dealership
(Reuters) – A Russian government commission has approved the sale of Volkswagen’s main factory in Russia to a domestic car…
Apple investigated in France over product obsolescence
PARIS (Reuters) – The Paris prosecutor has opened a judicial inquiry into planned obsolescence of Apple products, a spokesperson for…
Musk: Tesla to make significant investments in France at some point
PARIS (Reuters) – US electric car manufacturer Tesla will make significant investments in France, its CEO Elon Musk said in…