Reuters US Business

By David Shepardson WASHINGTON (Reuters) -A group representing U.S. airlines plans to urge federal aviation officials to permanently reduce helicopter traffic around Reagan National Airport outside Washington, D.C., following a January collision by an Army Black Hawk into an American Airlines regional jet that killed 67 people. Airlines for America, in written testimony prepared for …

US airlines want less helicopter traffic near Washington airport Read More »

(This Feb. 28 story has been corrected to change the attribution to Cushing, not Paddy McCully, in paragraph 10) (Reuters) – Wells Fargo is scrapping its goal of achieving net-zero emissions across its financed portfolio by 2050 as banks rethink their sustainable lending activities. The goals had relied on many factors “outside our control” such …

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By Jonathan Stempel NEW YORK (Reuters) -Kraken, one of the world’s largest cryptocurrency exchanges, said on Monday the U.S. Securities and Exchange Commission agreed in principle to dismiss a civil lawsuit accusing it of operating illegally as an unregistered securities exchange. In a statement on its blog, Kraken called the dismissal a turning point for …

Kraken says US SEC to dismiss lawsuit against the cryptocurrency exchange Read More »

By Max A. Cherney and Fanny Potkin SAN FRANCISCO/SINGAPORE (Reuters) – Chip designers Nvidia and Broadcom are running manufacturing tests with Intel, two sources familiar with the matter told Reuters, demonstrating early confidence in the struggling company’s advanced production techniques. The two tests, which have not been reported previously, indicate the companies are moving closer …

Exclusive-Nvidia and Broadcom testing chips on Intel manufacturing process, sources say Read More »

By Amanda Stephenson CALGARY (Reuters) – Canada’s oilfield drilling and services sector is already showing signs of slowing due to U.S. President Donald Trump’s threatened tariffs, triggering fears that an expected industry rebound could stall if such levies go forward. Employment levels in the Canadian drilling sector collapsed between 2014 and 2020 due to sustained …

Trump’s tariffs threat hits Canada’s oil and gas drillers Read More »

By Divya Rajagopal -Canada will extend a tax credit on mineral exploration for two additional years as part of the government’s move to support investment in exploration projects, energy, and natural resources, Natural Resources Minister Jonathan Wilkinson said on Sunday. The mineral exploration tax credit is a capital market tool that offers investors a 15% …

Exclusive-Canada to extend mineral exploration tax credit for two more years, minister says Read More »

By Yoruk Bahceli and Stefano Rebaudo LONDON (Reuters) -The European Central Bank is set to cut rates again on Thursday, but investors haven’t been this unsure in a while on what comes next. U.S. tariff risks are intensifying while the ECB may have to grapple with the impact of a new German government, a potential …

Tougher calls ahead: Five questions for the ECB Read More »