Reuters US Business

JPMorgan rehires scientist Sarah Kapnick in climate push, memo shows

21 Oct 2024

(Reuters) – JPMorgan Chase has rehired scientist Sarah Kapnick to advise its corporate and investment banking clients, according to an internal memo seen by Reuters on Monday, as the Wall Street giant ramps up its climate advisory offerings. Kapnick rejoins JPMorgan as the global head of climate advisory within the firm’s commercial and investment bank …

JPMorgan rehires scientist Sarah Kapnick in climate push, memo shows Read More »

Supreme Court rebuffs challenge to job protections for US consumer watchdog leaders

21 Oct 2024

By John Kruzel WASHINGTON (Reuters) – The U.S. Supreme Court declined on Monday to hear a conservative challenge to job protections for the leaders of the federal consumer product safety watchdog in a case that would have given the justices a chance to reassess a 1935 precedent that limits a president’s ability to fire certain …

Supreme Court rebuffs challenge to job protections for US consumer watchdog leaders Read More »

Fed’s Logan eyes more gradual rate cuts amid more balance sheet cuts

21 Oct 2024

By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of Dallas President Lorie Logan said Monday she sees more rate cuts ahead for the central bank and suggested she sees no reasons why the Fed can’t also press forward with shrinking its balance sheet. “If the economy evolves as I currently expect, a …

Fed’s Logan eyes more gradual rate cuts amid more balance sheet cuts Read More »

Analysis-Latin America braces for US election impact on trade, tariffs

21 Oct 2024

By Rodrigo Campos Latin America is anxiously counting the days to Nov. 5, when U.S. voters will choose between relative continuity under Vice President Kamala Harris or a return to policies that triggered volatility in the region’s largest markets and economies under former president Donald Trump. Trade and tariffs, as well as monetary policy’s effect …

Analysis-Latin America braces for US election impact on trade, tariffs Read More »

Speedy US corn and soy harvests strain farmers, storage capacity

21 Oct 2024

By Julie Ingwersen and Heather Schlitz CHICAGO (Reuters) – U.S. farmers are harvesting two of the largest corn and soybean crops in history at the fastest pace in years, straining their physical capabilities and their grain storage capacity. The massive influx of crops is testing growers who are already grappling with grain prices near four-year …

Speedy US corn and soy harvests strain farmers, storage capacity Read More »

Citgo auction creditors assail Elliott bid, seek rival offers

21 Oct 2024

By Gary McWilliams and Marianna Parraga HOUSTON (Reuters) – Key terms of a proposed court agreement with a U.S. hedge fund seeking to gain control of oil refiner Citgo Petroleum from Venezuela would lock in the fund’s low-ball bid, the company’s creditors said in new court filings against the deal. The backlash to Elliott Investment …

Citgo auction creditors assail Elliott bid, seek rival offers Read More »

Musk to face questions on Tesla’s robotaxi bets on results day

21 Oct 2024

By Akash Sriram and Abhirup Roy (Reuters) – Tesla’s investors and analysts will get a chance to grill CEO Elon Musk on his robotaxi plans on Wednesday when the electric automaker reports its quarterly results, after a much-hyped unveil this month that lacked key details and slammed shares. Musk’s roughly 20-minute introduction to the self-driving …

Musk to face questions on Tesla’s robotaxi bets on results day Read More »

Boeing workers to vote on new wage deal that could end strike

21 Oct 2024

By David Shepardson (Reuters) -Striking machinists at Boeing will vote Wednesday on a new contract proposal that includes a 35% pay hike over four years that could end a costly five-week-old strike, the company and union said Saturday. Around 33,000 of Boeing’s unionized West Coast workers, most in Washington state, have been on strike since …

Boeing workers to vote on new wage deal that could end strike Read More »

Emirates buys five Boeing 777F, weighs further freighter orders

21 Oct 2024

(Reuters) – Dubai’s Emirates has ordered five Boeing 777F freighters and will make a decision this year on a purchase of further Boeing or Airbus models for its fleet beyond 2028/29, the airline said on Monday. The announcement confirms a Reuters report last week that Emirates had ordered current-generation 777F freighters in September, part of …

Emirates buys five Boeing 777F, weighs further freighter orders Read More »

Close Bitnami banner
Bitnami