WASHINGTON (Reuters) -The Trump administration will appeal the court decision blocking President Donald Trump’s bid to fire Federal Reserve Governor Lisa Cook, the White House said on Tuesday. “The President lawfully removed Lisa Cook for cause. The Administration will appeal this decision and looks forward to ultimate victory on the issue,” White House spokesman Kush …
By Jarrett Renshaw (Reuters) – The U.S. Environmental Protection Agency on Tuesday issued a proposal for reallocating to large refineries the biofuel blending obligations waived under the Small Refinery Exemption (SRE) program, offering two primary options of 50% and 100%. Additionally, the agency said it will ask for comment on other potential volumes, such as …
US EPA keeps all options open in biofuel reallocation proposal Read More »
By Jonathan Stempel NEW YORK (Reuters) – The parent company of Rick’s Cabaret and other strip clubs, as well as five executives, have been indicted over their alleged roles in a 13-year bribery scheme to avoid paying millions of dollars in New York sales taxes, state Attorney General Letitia James said on Tuesday. RCI Hospitality …
Rick’s Cabaret parent, executives indicted in New York tax fraud and bribery case Read More »
By Dan Catchpole (Reuters) – Striking workers at Boeing Defense will vote on Friday on a four-year contract proposed by their union in an effort to end a six-week strike, the International Association of Machinists and Aerospace Workers (IAM) said on Tuesday. Boeing, however, said the proposal was a waste of time and would prolong …
Union floats offer to end six-week Boeing Defense strike Read More »
By Doyinsola Oladipo NEWARK, New Jersey (Reuters) – United Airlines CEO Scott Kirby said on Tuesday his company will not bid for bankrupt Spirit Airlines’ assets if they become available. Spirit filed for bankruptcy protection last month for the second time in a year after a previous reorganization failed to put it on firmer financial …
United Airlines rules out bid for Spirit Airlines’ assets Read More »
By David Morgan WASHINGTON (Reuters) – The U.S. Senate on Monday narrowly confirmed Stephen Miran to the Federal Reserve’s Board of Governors, expanding President Donald Trump’s influence over the world’s most important central bank and handing his top economic adviser one of 12 interest-rate-setting votes on the eve of a key policy meeting. The 48-47, …
Trump economic adviser Miran gets Senate nod to join Fed board Read More »
By Johann M Cherian, Lewis Krauskopf and Douglas Gillison (Reuters) – U.S. companies should be allowed to report earnings every six months instead of on a quarterly basis, President Donald Trump said on Monday, announcing what could prove to be a major shift for corporate America. The president said on his social media site Truth …
Trump renews calls for ending quarterly reports for companies Read More »
By Simon Jessop LONDON (Reuters) – A call by Donald Trump to ditch quarterly corporate reporting has received cautious support from an unlikely source: international investors pushing business to do more on longer-term sustainability issues, many lambasted by the U.S. president. Trump on Monday called for companies to shift to six-monthly updates, adding his voice …
(Reuters) -Amazon has teamed up with Fay to provide personalized, insurance-covered dietitian services through the e-commerce giant’s digital health platform, the nutrition care startup said on Tuesday. WHY IT’S IMPORTANT The move makes Fay the first nutrition care provider on Amazon’s Health Benefits Connector, which helps enrolled customers match with digital health companies for health …
Amazon ropes in Fay to offer dietitian services on telehealth platform Read More »
By Manoj Kumar and David Brunnstrom NEW DELHI/WASHINGTON (Reuters) – Trade discussions between Indian and U.S. officials on Tuesday were “positive” and “forward-looking”, New Delhi said, after President Donald Trump struck a more conciliatory tone following punitive tariffs on India over its Russian oil purchases. Trump and Indian Prime Minister Narendra Modi said they spoke …
India says trade discussions with US ‘positive,’ ‘forward looking’ Read More »
