By Pete Schroeder WASHINGTON (Reuters) -U.S. banks are pushing to soften a major regulatory proposal to hike bank capital requirements, worried it could prove too onerous, especially for lenders still reeling from the March banking crisis, according to six people briefed on the matter. Bank regulators led by the U.S. Federal Reserve are finalizing the…
By Tim Hepher, Valerie Insinna, Joanna Plucinska and Allison Lampert PARIS (Reuters) – The first Paris Airshow in four years has clocked up billions of dollars in commercial jet orders and offered some respite for suppliers as air travel springs back sharply from the pandemic. The industry returned to Le Bourget with high expectations of…
By Daphne Psaledakis WASHINGTON (Reuters) – The United States on Wednesday adjourned Sudan talks because the format was not succeeding in the way they wanted, U.S. Assistant Secretary of State for African Affairs Molly Phee said on Thursday. Saudi Arabia and the U.S. have brokered ceasefires between Sudan’s army and paramilitary Rapid Support Forces (RSF)…
(Reuters) – The U.S. Coast Guard on Thursday said a debris field was discovered within the search area by a remotely operated vehicle near the Titanic. Experts within the unified command were evaluating the information, the Coast Guard said. (Reporting by Gursimran Kaur in Bengaluru; Editing by Chizu Nomiyama)
By Jonathan Stempel NEW YORK (Reuters) -JPMorgan Chase has been fined $4 million by the U.S. Securities and Exchange Commission after about 47 million emails belonging to its retail banking group were mistakenly and permanently deleted. The emails dated from Jan. 1 to April 23, 2018, and were deleted in June 2019 from about 8,700…
By Jason Lange WASHINGTON (Reuters) – Half of Americans believe U.S. President Joe Biden’s son, Hunter Biden, received preferential treatment from prosecutors who reached a deal that would allow the younger Biden to plead guilty to tax charges but avoid a gun-related conviction, a Reuters/Ipsos poll found. The two-day poll that closed on Wednesday showed…
WASHINGTON (Reuters) – China’s ambassador to Washington has protested remarks President Joe Biden made about Chinese leader Xi Jinping on Wednesday, and its embassy said the United States should act immediately to undo the negative impact or bear all the consequences. China was enraged after Biden referred to Xi Jinping as a “dictator” at a…
By Karol Badohal and Supantha Mukherjee WROCLAW, Poland/STOCKHOLM (Reuters) – Poland’s third-largest city Wroclaw beat rivals last week to be home to the next multi-billion dollar Intel chip factory in Europe, with a two-year campaign promising subsidies, infrastructure, talent and a slice of American life. In the face of an unprecedented semiconductor shortage, Europe is…
By David Shepardson WASHINGTON (Reuters) -National Transportation Safety Board chair Jennifer Homendy on Thursday vowed to ensure accountability and propose new safety recommendations in its investigation into the Feb. 3 Norfolk Southern train derailment in East Palestine, Ohio. Homendy said at the start of a two-day investigative hearing in Ohio the sessions “will help us…
(Reuters) – Lordstown Motors founder and former CEO Stephen Burns has sold his entire stake in the electric-vehicle maker, according to a regulatory filing. The company in May implemented a reverse stock split to comply with Nasdaq’s minimum $1 listing requirement and appease investor Foxconn that had threatened to scrap a $170 million funding in…
