ANKARA/WASHINGTON (Reuters) -U.S. Secretary of State Antony Blinken encouraged Ankara to support Sweden in its bid to join NATO in a meeting with new Turkish Foreign Minister Hakan Fidan on Wednesday, a State Department spokesperson said. Turkey has objected to Sweden’s bid to join the Western military alliance, citing security concerns, but members of the…
(Reuters) -Activist investor Elliott Investment Management is increasing pressure on NRG Energy and seeking to oust its CEO Mauricio Gutierrez, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. Elliott is in talks with potential candidates to replace the U.S. power company’s CEO as well as other top executives, the report…
By David Shepardson WASHINGTON (Reuters) -A group of 17 Democratic U.S. lawmakers on Wednesday urged the Federal Trade Commission to finalize new consumer protections for car buyers despite objections from auto dealers who argue the rules would actually raise the cost of buying a car. The FTC in June 2022 proposed banning fees and bait-and-switch…
By David Shepardson WASHINGTON (Reuters) – A U.S. Senate panel on Wednesday invited PGA Tour Commissioner Jay Monahan, Saudi Arabia’s Public Investment Fund Governor Yasir Al-Rumayyan and LIV Golf CEO Greg Norman to testify at a July 11 hearing. Democratic U.S. Senator Richard Blumenthal, who chairs the Permanent Subcommittee on Investigations, and the panel’s top…
By Kanishka Singh WASHINGTON (Reuters) – The Group of Seven countries affirmed their unity and stressed the need for close coordination in dealing with China, the U.S. State Department said on Wednesday after Secretary of State Antony Blinken met with G7 representatives in London. “The G7 noted the importance of close coordination on the PRC…
By David Shepardson WASHINGTON (Reuters) -Alaska Airlines is “anxious” to begin taking deliveries of the larger Boeing 737 MAX 10 to help it carry more passengers once the plane is certified, the carrier’s CEO Ben Minicucci said on Wednesday. Boeing must first win approval from the Federal Aviation Administration for its smaller MAX 7 before…
By Kanishka Singh WASHINGTON (Reuters) – Rights advocates in Washington demanded that President Joe Biden publicly call out what they described as India’s deteriorating human rights record, saying the U.S. approach of raising the issue in private with Prime Minister Narendra Modi has been a failure. In a press briefing on Wednesday, activists and academics…
(Reuters) – Bitcoin rallied for a third straight day after hitting its highest level since mid-April, boosted by BlackRock’s plan to create a bitcoin exchange-traded fund (ETF) even as the sector faces U.S. regulatory scrutiny. BlackRock, the world’s biggest asset manager, filed last week for the exchange which would allow investors to get stakes in…
(Reuters) -Bankrupt SVB Financial Group said on Wednesday it is continuing to evaluate strategic alternatives for SVB Capital, its venture capital and credit investment arm, as well as other assets and investments. The disclosure comes days after the company agreed to sell its investment banking division, SVB Securities, to a group led by the segment’s…
(Reuters) – The $250,000-a-head expedition that vanished this week en route to the deep-sea wreck of the Titanic ocean liner is just one example of extreme tourism that is becoming more commonplace for those who can afford it. From Earth’s tallest peaks to suborbital space, here are some of the other exploits that can be…
