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…
Leak of secretive Cuban reserves data stirs confusion, concern
By Marc Frank HAVANA (Reuters) – Cuba’s state-run media has created a stir among economists, diplomats and creditors by publishing…
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…
Goldman misses profit estimates as dealmaking slumps, consumer business hit
By Niket Nishant, Noor Zainab Hussain and Saeed Azhar (Reuters) – Goldman Sachs Group Inc on Tuesday reported a bigger-than-expected…
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…