By David Shepardson WASHINGTON (Reuters) – The U.S. Transportation Department (USDOT) said Tuesday it had fined Virgin Atlantic $1.05 million…
Carvana adopts ‘poison pill’, sells $4 billion of auto loans
(Reuters) – Carvana Co has adopted a “poison pill” to limit shareholders from raising their stakes and has reached an…
Twitter’s laid-off workers cannot pursue claims via class-action lawsuit-judge
(Reuters) -Twitter Inc has secured a ruling allowing the social media company to force several laid-off workers suing over their…
Barkin: Terminal rate for Fed depends on path of inflation -Fox Business
WASHINGTON (Reuters) – The stopping point for Federal Reserve interest rate increases will depend on the path of inflation, Richmond…
U.S. dollar falters vs major currencies as sterling gains; yen in spotlight
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar fell against most major currencies on Tuesday in choppy trading, weighed…
Oil prices settle higher on hopes of China demand rebound
By Laura Sanicola (Reuters) -Oil prices settled higher on Tuesday in choppy trading after China posted weak but expectation-beating annual…
Fed’s Williams: Making economy inclusive has benefits for overall activity
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of New York leader John Williams said on Tuesday…
Republicans’ debt plan could cause ‘economic catastrophe’ – White House
WASHINGTON (Reuters) -Republicans’ plan to pay some U.S. debts as they come due but not others is a “recipe for…
U.S. Supreme Court mulls Turkish lender Halkbank’s bid to avoid charges
By Andrew Chung and John Kruzel WASHINGTON (Reuters) -U.S. Supreme Court justices on Tuesday grappled with thorny questions of sovereign…
Intel is committed to Germany chip plant, working with government -exec
By Jane Lanhee Lee and Hakan Ersen HALF MOON BAY, Calif/FRANKFURT (Reuters) – U.S. chip giant Intel Corp is committed…