Senior officials from Europe have urged the World Bank's management to expand its climate change strategy to exclude investments in oil- and coal-related projects around the world, and gradually phase out investment in natural gas projects, according to three sources familiar with the matter.
Lawyers for families of a fatal Boeing Co 737 MAX crash in Ethiopia are seeking testimony from the planemaker's chief executive Dave Calhoun and his predecessor Dennis Muilenburg, among other current and former employees, according to a court filing.
The Biden administration plans to allow a Trump-era rule targeting Chinese technology firms deemed to pose a threat to the United States to go into effect despite objections from U.S. businesses, the U.S. Commerce Department said on Friday.
Senior officials from Europe have urged the World Bank's management to expand its climate change strategy to exclude investments in oil- and coal-related projects around the world, and gradually phase out investment in natural gas projects, according to three sources familiar with the matter.
Citigroup Inc said on Friday it recorded an additional US$390 million in operating expenses in the 2020 fourth quarter after a federal judge ruled that it was not entitled to recoup the money it mistakenly wired to lenders of Revlon Inc last year.
Shares of GameStop Corp jumped more than 10per cent on Friday, putting the video game retailer's stock on pace to triple for the week in a renewed rally that has left analysts puzzled.
When President Joe Biden on Wednesday stood at a lectern holding a microchip and pledged to support US$37 billion in federal subsidies for American semiconductor manufacturing, it marked a political breakthrough that happened much more quickly than industry insiders had expected.
Online brokerage app Robinhood is in talks with the Financial Industry Regulatory Authority (FINRA) regarding resolution of matters including options trading and outages, the firm said in a filing on Friday. (https://bit.ly/3kpGAUb)
Your investment strategy should be based on an understanding of market fundamentals, the long-term outlook and your age, says Patrick Chang.
Retail power marketers in Texas are appealing multi-million dollar bills from last week's blackout that they say could cripple them and unravel Texas' nearly two-decade-old experiment as the most deregulated U.S. electricity market.
