US Congress, White House begin tough debt limit, budget negotiations
By Richard Cowan and David Morgan WASHINGTON (Reuters) – Detailed talks on raising the U.S. government’s $31.4 trillion debt ceiling…
Business
Martin Shkreli-founded drug company files for bankruptcy
By Dietrich Knauth NEW YORK (Reuters) – Vyera Pharmaceuticals, which previously settled price-fixing charges that resulted in founder Martin Shkreli…
White House backs faster energy project permits, joining Republicans
By Jarrett Renshaw and Timothy Gardner WASHINGTON (Reuters) -The White House on Wednesday called on Congress to pass permitting legislation…
JPMorgan’s Dimon says debt ceiling standoff could cause panic – report
NEW YORK (Reuters) – JPMorgan Chase & Co’s CEO Jamie Dimon said the congressional standoff over the U.S. debt ceiling,…
Stocks rise as U.S. inflation trends lower, bond yields slide
By Herbert Lash NEW YORK (Reuters) – A gauge of global stock markets rose and bond yields slid on Wednesday…
US House committee to consider bill on pressuring OPEC oil group
WASHINGTON (Reuters) – The House Judiciary Committee was set to consider a bill on Wednesday to pressure the OPEC oil…
EU antitrust regulators seeking more info on Apple Pay
By Foo Yun Chee BRUSSELS (Reuters) – EU antitrust regulators are seeking more information on Apple’s mobile payment system, the…
Dollar in holding pattern, inflation data provides little clarity on rates
By Laura Matthews NEW YORK (Reuters) – The dollar remained stable against a basket of currencies on Wednesday as data…
Nordstrom names Target veteran Cathy Smith as CFO
(Reuters) -Nordstrom Inc on Wednesday named former Target Corp CFO Cathy Smith as its new finance chief. Smith will take…
EU’s Vestager says ‘all options on the table’ after Lufthansa/SAS rulings
BRUSSELS (Reuters) – The European Union’s top competition official on Wednesday said “all options” were on the table but did…