U.S. court to rehear challenge to SEC judges A U.S. appeals court on Thursday said it would rehear a challenge to the Securities and Exchange Commission's use of in-house judges. The order issued by the U.S. Court of Appeals for the District of Columbia Circuit wiped out a three-judge panel's August decision in favor of [...]
Exclusive: Big U.S. banks to push for easing of money laundering rules By Joel Schectman, Karen Freifeld and Brett Wolf WASHINGTON/NEW YORK (Reuters) – America's largest banks are to propose a complete overhaul of how financial institutions investigate and report potential criminal activity, arguing that rules imposed in the years after the Sept. 11, 2001 [...]
U.S. weekly jobless claims rise less than expected The number of Americans filing for unemployment benefits increased less than expected last week, a sign that the labor market was continuing to tighten. Initial claims for state unemployment benefits rose 5,000 to a seasonally adjusted 239,000 for the week ended Feb. 11, the Labor Department said [...]
U.S. housing starts drop; permits rise to one-year high U.S. homebuilding fell in January as the construction of multi-family housing projects dropped, but upward revisions to the prior month's data and a jump in permits to a one-year high suggested the housing recovery remained on track. Other data on Thursday showed only a modest increase [...]
U.S. Labor Dept nominee Puzder withdraws, in blow to Trump In a blow to President Donald Trump as he tries to assemble his administration, his nominee for labor secretary, Andrew Puzder, withdrew his name from consideration on Wednesday amid concerns that he could not garner enough Senate votes to be confirmed. Puzder's decision to withdraw [...]
U.S. business in China warms to possible Trump trade policy shake-up BEIJING (Reuters) – "Reciprocity" has become the new buzzword in the U.S. business community in China, with some industry leaders saying they would welcome a tougher approach from the Trump administration in opening up the markets of the world's second-largest economy. It's a striking [...]
Exclusive: Retail CEOs to meet Trump in bid to kill U.S. border tax U.S. President Donald Trump will meet on Wednesday with the chief executives of eight large retailers, including Target Corp , Best Buy Co Inc and J.C. Penney Company Inc , to discuss tax reform and infrastructure improvements, according to people with knowledge [...]
U.S. investors brace for mounting political risks as they decode Trump Barry James built up his $ 4 billion mutual fund largely by studying balance sheets, earnings and market share. Trump's unpredictable governing style and stated desire to renegotiate trade agreements and punish companies that seek out lower-cost forms of labor are upending the classic [...]
U.S. producer prices jump on higher energy costs WASHINGTON, (Reuters) – U.S. producer prices rose more than expected in January, recording their largest gain in four years amid increases in the cost of energy products and some services, but a strong dollar continued to keep underlying inflation tame.
Syngenta: U.S. regulators’ new request won’t delay ChemChina deal ZURICH (Reuters) – Syngenta has got another request for information from U.S. anti-trust regulators reviewing a proposed $ 43 billion takeover by ChemChina [CNNCC.UL] but still sees the deal being completed in the second quarter, it said on Tuesday.