GM recalls 42,000 vehicles in Canada for air bag defect
By David Shepardson WASHINGTON (Reuters) -General Motors said on Monday it will recall 42,000 sport utility vehicles in Canada from…
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New York Fed finds big slowdown in new mortgage creation in first quarter
By Michael S. Derby NEW YORK (Reuters) -Americans’ appetite for taking on new mortgages slowed substantially during the first quarter,…
Former Silicon Valley Bank CEO says rate hikes, withdrawals sank firm
By Pete Schroeder and Hannah Lang WASHINGTON (Reuters) -Greg Becker, former CEO of failed lender Silicon Valley Bank, apologized in…
Oil gains over 1%, ends losing streak on tightening supplies
By Shariq Khan BENGALURU (Reuters) -Oil prices rose a dollar a barrel on Monday after three straight sessions of declines,…
Explainer-Biden’s budget vs. Republican debt ceiling bill on spending, deficits, taxes
By David Lawder WASHINGTON (Reuters) -President Joe Biden’s administration and Republicans in the U.S. Congress are in talks to end…
US dollar retreats from five-week high as debt ceiling stalemate weighs
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar fell from a five-week high on Monday, as investors consolidated gains…
Data of 237,000 US government employees breached
By David Shepardson WASHINGTON (Reuters) – The personal information of 237,000 current and former federal government employees has been exposed…
Biden picks cancer surgeon Monica Bertagnolli to head NIH
By Julie Steenhuysen (Reuters) – The Biden administration on Monday said it intends to nominate cancer surgeon Dr. Monica Bertagnolli…
HEICO to buy Wencor for $2 billion to boost aircraft generic parts portfolio
By Abhijith Ganapavaram and Allison Lampert (Reuters) -Aerospace supplier HEICO Corp said on Monday it will buy Wencor Group in…
Turkey faces election runoff, Erdogan seen with momentum
By Huseyin Hayatsever, Orhan Coskun and Birsen Altayli ANKARA (Reuters) -President Tayyip Erdogan led comfortably on Monday after the first…