By David Thomas (Reuters) – Bryan Cave Leighton Paisner on Tuesday said it has picked up a 15-lawyer team from Dentons, including the founder and leader of its global intellectual property and technology group, Song Jung. Jung will be global chair of BCLP’s patent practice. He will work from the firm’s Washington, D.C., office with…
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Vice Chair for Supervision Michael Barr on Tuesday said the U.S. central bank is at the beginning of exploring how it can move more swiftly when its bank regulators spot issues at banks outside of crisis periods. “We’re not an institution that moves quickly on…
By Valerie Insinna PARIS (Reuters) – Lockheed Martin has raised concerns with the U.S. Defense Department and Federal Trade Commission (FTC) about L3Harris’s acquisition of Aerojet Rocketdyne, Lockheed’s chief operating officer said on Tuesday. Frank St John told Reuters that Lockheed, Aerojet’s biggest customer, wanted L3Harris to ensure access to rocket motors, fair pricing and…
By Gabriel Araujo PARIS (Reuters) -Brazilian planemaker Embraer on Tuesday notched fresh orders from American Airlines and Spanish carrier Binter for its E-Jets in deals announced at the Paris Airshow that are seen totaling about $1 billion. The new firm orders come amid an influx of deals at the world’s largest air show, which is…
(Reuters) -Groundbreaking on U.S. single-family homebuilding projects surged in May by the most in more than three decades and permits for future construction also climbed, suggesting the housing market may be turning a corner after getting clobbered by Federal Reserve interest rate hikes. Still, even with the Fed skipping a rate hike this month for…
By Luc Cohen NEW YORK (Reuters) – JPMorgan Chase Chief Executive Jamie Dimon may have ordered a 2019 review of the bank’s relationship with the late financier and sex offender Jeffrey Epstein, the U.S. Virgin Islands said. The U.S. territory, where Epstein owned two neighboring islands, made the claim in a letter made public on…
By Jacqueline Thomsen (Reuters) – Hunter Biden, the son of U.S. President Joe Biden, has agreed to plead guilty to two tax charges and enter an agreement that may allow him to avoid a conviction on a firearm offense, according to court filings on Tuesday. Here is a look at each of the charges. WILLFUL…
By David Carnevali (Reuters) -NV5 Global Inc, a U.S. engineering consultant whose business has taken a hit from its exposure to commercial real estate, is exploring a sale, according to people familiar with the matter. NV5 is in the early stages of a sale process and is working with advisers to establish whether a deal…
By Brendan Pierson and Disha Raychaudhuri (Reuters) – Companies accused of fueling the U.S. opioid crisis have so far paid out more than $3 billion to compensate states, but has any of the money reached the people who need it? It depends where you live. Yes, if you’re in Massachusetts; no, in Texas. A series…
By Joanna Plucinska and Valerie Insinna PARIS (Reuters) – India dominated the Paris Airshow for a second day on Tuesday, as Air India finalised a huge order for 470 planes from Airbus and Boeing. The agreement, when sketched out in February, was the largest ever plane deal by number of aircraft. But it was surpassed…
