By Nupur Anand and Saeed Azhar NEW YORK (Reuters) -U.S. Senators Elizabeth Warren and Bernie Sanders on Monday blasted the nation’s top six lenders for easing regulations to enrich shareholders instead of boosting lending to businesses and households. Banks are making wealthy shareholders richer and increasing executive compensation at the expense of financial stability and…
By David Shepardson (Reuters) -The U.S. Transportation Department said on Tuesday it may withhold up to 25% of federal transit funding for New York state’s Metropolitan Transportation Authority if the agency does not improve safety for subway track maintenance workers. The Federal Transit Administration (FTA) issued a directive in August 2024 to the MTA’s New…
HOUSTON (Reuters) -A U.S. judge on Monday authorized a court officer overseeing an auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum to receive and negotiate improved bids this week before confirming or changing the winner recommendation he made last month. A final winner recommendation in the complex court-organized auction is expected to…
HOUSTON (Reuters) -A U.S. judge on Monday authorized a court officer overseeing an auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum to receive and negotiate improved bids this week before confirming or changing the winner recommendation he made last month. A final winner recommendation in the complex court-organized auction is expected to…
(Reuters) -The measles outbreak in West Texas has ended, state health officials said on Monday, after meeting the criteria of six weeks since the last reported case. Texas is now shifting focus to vaccination campaigns to strengthen immunity and prevent future outbreaks, the Department of State Health Services (DSHS) said. The outbreak, which began in…
BUENOS AIRES (Reuters) -Argentina’s economic activity likely grew 6.4% year-on-year in June according to median forecasts of analysts polled by Reuters, who, however, warned that restrictive monetary policy and risks over the upcoming legislative elections could slow growth. The poll of 14 local and international analysts showed an mean average forecast for 6.6% growth in…
By Maiya Keidan and Brad Brooks (Reuters) -Democratic lawmakers in Texas returned to the state on Monday, ending a walkout that broke quorum and blocked Republican efforts to redraw congressional maps at the behest of U.S. President Donald Trump. Texas House of Representatives Minority Leader Gene Wu, chairperson of the Texas House Democratic Caucus, said…
(Reuters) -Upcoming streaming services of ESPN and Fox will be bundled for $39.99 per month starting October 2, the companies said on Monday, offering sports fans a wide range of major events including the NFL and NBA at a discounted rate. The bundle is the first significant deal involving major sports rights holders after Disney,…
By Trevor Hunnicutt WASHINGTON (Reuters) -U.S. President Donald Trump avoided a question on Monday about whether he would extend an August 12 deadline for higher U.S. tariffs on Chinese goods, saying, “we’ll see what happens,” as he lauded China’s cooperation in talks with the U.S. “We’ve been dealing very nicely with China. As you have probably…
WASHINGTON (Reuters) -U.S. President Donald Trump suggested on Monday that he would not make a deal with American AI chip giant Nvidia, led by CEO Jensen Huang, to allow for sales of a next-generation advanced GPU in China, but stopped short of ruling it out. “Jensen also has the new chip, the Blackwell,” Trump told…
