By Niket Nishant and Saeed Azhar (Reuters) -JPMorgan Chase & Co, the biggest lender in the United States, said on Friday it set aside $1.4 billion in anticipation of a mild recession, even as it beat forecasts for quarterly profit on the back of a strong performance at its trading unit. JPMorgan and other banks …
JPMorgan beats profit estimates, sees mild recession Read More »
By Brad Brooks (Reuters) – At least one administrator at the Virginia school where a 6-year-old boy shot a teacher last week was aware the boy may have had a gun, but no weapon was found when the boy’s backpack was searched before the shooting, school officials said on Friday. Superintendent George Parker told parents …
Virginia school official knew 6-year-old who shot teacher may have had gun Read More »
By Laila Kearney NEW YORK (Reuters) – The largest U.S. power-grid operator is probing why suppliers were unable to deliver needed power during a late December storm when customers narrowly avoided outages as freezing temperatures descended, officials said on Thursday. Generators that were unable to deliver increased electricity during three peak demand days in late …
Grid operator PJM probes U.S. power supply woes during December storm Read More »
Por Kanishka Singh y David Lawder WASHINGTON, 13 ene (Reuters) – La secretaria del Tesoro, Janet Yellen, dijo el viernes que es probable que Estados Unidos alcance el límite legal de deuda de 31,4 billones de dólares el 19 de enero, lo que obligará al Tesoro a poner en marcha medidas extraordinarias de gestión de …
By Ernest Scheyder and David Shepardson WASHINGTON (Reuters) -The U.S. Energy Department said on Friday it will lend ioneer Ltd up to $700 million to build its Rhyolite Ridge lithium mining project in Nevada, a major step forward in President Joe Biden’s plan to develop a domestic electric vehicle supply chain. Ioneer shares were up …
U.S. to lend ioneer $700 million for Nevada lithium mine Read More »
By Richard Cowan WASHINGTON (Reuters) – President Joe Biden is set to deliver his annual State of the Union address to the U.S. Congress on Feb. 7, venturing into the House of Representatives chamber following its takeover by Republicans who have vowed to challenge his legislative agenda and mount multiple investigations of him and his …
Biden set to deliver annual State of Union address on Feb. 7 Read More »
By Seher Dareen (Reuters) – Gold prices scaled an over eight-month peak on Friday, holding above the key pivot of $1,900 per ounce, as cooling U.S. inflation raised hopes for slower interest rate hikes from the Federal Reserve. Spot gold rose 1.3% to $1,920.70 per ounce by 2:11 p.m. ET (1911 GMT), the highest since …
Gold rises over 1% on slower Fed rate-hike prospects Read More »
By Richard Cowan and Moira Warburton WASHINGTON (Reuters) – U.S. Representative George Santos said on Thursday he would vacate his seat only if he loses the next election, clarifying an earlier statement that he would resign if “142 people” asked him to because of a string of false claims he made about his work and …
U.S. Rep. Santos says he won’t resign, only leave if voted out in next election Read More »
By Jan Lopatka PRAGUE (Reuters) -A retired general who held a senior NATO military job headed into the Czech Republic’s presidential election starting on Friday as a favourite ahead of his main rivals – a divisive former prime minister and an economics professor. Presidents in the NATO and European Union member country do not hold …
Czech presidential vote starts with retired general, ex-PM leading the field Read More »
By Shadia Nasralla LONDON (Reuters) -Capricorn Energy said on Friday the shareholder vote on its planned merger with Israel’s NewMed Energy LP would be on Feb. 1, the same day as a vote triggered by activist shareholder Palliser wanting to oust Capricorn’s leadership. The British oil and gas producer added in a letter from its …
Capricorn sets merger vote for Feb. 1, rejigs board of new firm Read More »
