By Andrea Shalal and Pete Schroeder WASHINGTON (Reuters) -The Biden administration proposed a limited list of new measures Thursday to strengthen mid-sized banks that it said could be pushed through w[...]
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March 30, 2023
Ford withdraws petition seeking U.S. approval to deploy self-driving vehicles
By David Shepardson WASHINGTON (Reuters) -Ford Motor Co has withdrawn a petition seeking U.S. regulatory approval to deploy up to 2,500 self-driving vehicles annually without required human controls l[...]
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China calls US debt trap accusation ‘irresponsible’
By Eduardo Baptista and Kanishka Singh BEIJING/ WASHINGTON (Reuters) – China on Thursday called remarks by U.S. Treasury Secretary Janet Yellen “irresponsible” and “unreasonabl[...]
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Oil rises over 1% on Iraqi supply risks, U.S. crude draw
By Stephanie Kelly NEW YORK (Reuters) -Oil prices rose more than 1% on Thursday, supported by lower U.S. crude stockpiles and a halt to exports from Iraq’s Kurdistan region, which offset pressur[...]
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Biden admin urges Supreme Court to hear ‘skinny labels’ case between Teva, GSK
By Blake Brittain (Reuters) – The Biden Administration told the U.S. Supreme Court on Wednesday that it should agree to hear a patent appeal over drug labels involving Teva Pharmaceuticals USA I[...]
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French banks defeat NY lawsuit by family of Cuban bank seized by Castro
By Jonathan Stempel NEW YORK (Reuters) – Societe Generale SA and BNP Paribas SA on Thursday won the dismissal of a lawsuit in New York accusing them of trafficking in assets that Fidel Castro[...]
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Wells Fargo to pay $97 million for sanctions compliance failures
(Reuters) – The U.S. Federal Reserve and Treasury Department’s Office of Foreign Assets Control on Thursday fined Wells Fargo & Co about $97.8 million for inadequate oversight of its s[...]
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Manchin threatens to sue US Treasury over EV tax credit rules
By David Shepardson WASHINGTON (Reuters) -Senate Energy Committee Chair Joe Manchin said on Wednesday he may go to court after the U.S. Treasury releases guidance later this week on battery sourcing g[...]
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US lawmakers press Wall St regulator over coming climate rule
By Douglas Gillison (Reuters) – Republican lawmakers on Wednesday prodded Wall Street’s top regulator to justify his agency’s efforts to regulate companies’ climate disclosures[...]
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