Exxon, Chevron split over how to manage rising cash piles
By Sabrina Valle and Arunima Kumar HOUSTON (Reuters) – The two largest U.S. oil companies – Exxon Mobil Corp and…
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Quotes: Fed plans broad revamp of bank oversight in wake of SVB collapse
(Reuters) – The Federal Reserve issued a detailed and scathing assessment on Friday of its failure to identify problems and…
In win for Republicans, North Carolina court allows partisan gerrymandering
By Joseph Ax (Reuters) -North Carolina’s highest court on Friday ruled that state law does not bar lawmakers from drawing…
U.S. senator introduces bill targeting AI’s shortfalls
WASHINGTON (Reuters) – Senator Michael Bennet introduced a bill on Thursday that would create a task force to look at…
Lazard reports surprise loss on dealmaking slump, cuts jobs
By Siddarth S and Lananh Nguyen NEW YORK (Reuters) – Investment bank Lazard Ltd on Friday reported a surprise loss…
Canada and U.S. agree to trace guns intercepted at border
By Steve Scherer OTTAWA (Reuters) -Canada and the United States have agreed to trace guns that are intercepted at the…
Wall St ends higher, posts weekly, monthly gains on solid earnings, Fed pause hopes
By Stephen Culp NEW YORK (Reuters) – U.S. stocks rallied to a higher close on Friday and benchmark Treasury yields…
US House votes to repeal Biden solar tariff waiver
By Nichola Groom and Katharine Jackson (Reuters) -The U.S. House of Representatives on Friday voted to repeal President Joe Biden’s…
U.S. engineers recommended grounding Boeing 737 MAX soon after second crash – report
By David Shepardson WASHINGTON (Reuters) -Some Federal Aviation Administration (FAA) engineers recommended grounding the Boeing 737 MAX in March 2019…
US dollar firms as inflation data backs Fed hike; yen plunges
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S. dollar rose on Friday after data showed inflation grew in March,…