FAA administrator to testify before Senate panel on Boeing oversight
WASHINGTON (Reuters) – The head of the Federal Aviation Administration will testify on Sept. 25 before the Senate Permanent Subcommittee…
Bank dividends catapult Q2 global payouts to record highs
Banks continued to propel global dividends to record highs in the second quarter of 2024 as higher interest rates boosted…
FCC chair wants more competition to SpaceX’s Starlink unit
By David Shepardson WASHINGTON (Reuters) -Federal Communications Commission chair Jessica Rosenworcel said Wednesday she wants to see more competition to…
Buffett’s Berkshire offloads $228.7 million worth BofA shares in latest sale
(Reuters) – Warren Buffett’s Berkshire Hathaway has sold shares worth $228.7 million in Bank of America, as the conglomerate continues…
Haitian immigrants fueled Springfield’s growth – and now a US presidential debate
By Howard Schneider Springfield, Ohio (Reuters) – Rose Joseph and Banal Oreus followed different paths from Haiti to this struggling…
JPMorgan shares slide on more cautious outlook for interest income
By Nupur Anand and Pritam Biswas NEW YORK (Reuters) -JPMorgan Chase shares fell about 6% after the bank’s president on…
GameStop reports decline in revenue as online purchases hit videogame retailer
(Reuters) – Videogame retailer GameStop reported a fall in second-quarter revenue on Tuesday, as consumers moved away from traditional brick-and-mortar…
Goldman Sachs nearing a deal to transfer GM credit card business to Barclays, source says
NEW YORK (Reuters) – Goldman Sachs is close to finalizing a deal to transfer its General Motors credit card business…
Stellantis-owned Chrysler to recall about 1.2 million vehicles, US regulators say
(Reuters) -Stellantis-owned Chrysler is recalling about 1.2 million U.S. vehicles due to a software malfunction in the anti-lock brake system…
China says its huge market is opportunity not threat to US
SHANGHAI (Reuters) – A modern China with a huge population is an opportunity, not a threat, for the United States,…