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U.S. Supreme Court clears way for pipeline to cross Appalachian Trail

Ruling against environmentalists, the U.S. Supreme Court on Monday decided that the federal government has the authority to allow a proposed $7.5 billion natural gas pipeline to cross under the popular Appalachian Trail in rural Virginia.



3 years ago

Amazon says CEO Bezos willing to testify before U.S. Congress

Amazon.com Inc said on Monday its founder and Chief Executive Jeff Bezos is willing to testify to a congressional panel investigating potential violations of U.S. antitrust law by big technology companies.



3 years ago

Wall Street jumps on Fed's corporate bond purchase announcement

Wall Street jumped on Monday following an announcement by the U.S. Federal Reserve regarding its corporate bond purchasing program that boosted investor confidence, which had been wavering amid a spike in new COVID-19 cases.



3 years ago

Six former eBay employees charged with cyberstalking Massachusetts couple

Six former eBay Inc employees have been criminally charged with cyberstalking a Massachusetts couple who published an online newsletter viewed as critical of the e-commerce company, federal prosecutors in Boston said on Monday.



3 years ago

Tesla negotiating incentives for possible Texas vehicle assembly plant: report

Electric carmaker Tesla Inc is negotiating possible incentives with a Texas county that could bring a new auto assembly plant to the area near Austin, the state capital, the Austin American-Statesman reported on Monday.



3 years ago

Here's the advice that set up multi-generational wealth for this Black family

Ivory Johnson, a certified financial planner, was asked how the issues of social justice interact with issues of economic justice. He discusses tax policies that favor wealthy people, skilled versus unskilled workers and the value of passing on skills.

3 years ago

Lufthansa seeking cuts equivalent to 22,000 positions

Lufthansa said on Monday it was seeking to strike agreements with worker representatives by June 22 on how to make cuts equivalent to 22,000 full-time positions.



3 years ago

Oil prices rise 2% on optimism around OPEC+ output pact

Oil prices rose more than 2% on Monday as signs that fuel demand was recovering, while OPEC+ members were complying with a production cut deal, outweighed fears that new coronavirus infections could further slow the global economy.



3 years ago

Stocks rebound on Fed debt program, oil recovers

A gauge of global equities rebounded on Monday after the Federal Reserve widened its program of buying corporate debt, while crude oil rebounded too on signs fuel demand is recovering and as investors grapple with how to assess the economic reopening.



3 years ago

Exclusive: U.S. companies can work with Huawei on 5G standards - Commerce Department

The United States on Monday confirmed a Reuters report that it will amend its prohibitions on U.S. companies doing business with China's Huawei [HWT.UL] to allow them to work together on setting standards for next-generation 5G networks.



3 years ago

Tesla negotiating incentives for possible Texas vehicle assembly plant, report says

Electric carmaker Tesla Inc is negotiating possible incentives with a Texas county that could bring a new auto assembly plant to the area near Austin, the state capital, the Austin American-Statesman reported on Monday.



3 years ago

NYSE to reopen trading floor to some market makers on Wednesday

The New York Stock Exchange will allow a limited number of market makers to return to its trading floor on Wednesday, a spokesperson said, nearly three months after closing it due to the coronavirus pandemic.



3 years ago

A 'Medigap' policy picks up some costs that Medicare won't. Here are tips for choosing one

Medigap policies are standardized regardless of which insurance company sells them and where you live, yet there can be a big variation in premiums from insurer to insurer. Here's how some of that pricing works and other tips for navigating your options.

3 years ago

IAG's Walsh rejects lawmakers' criticism over British Airways plan

British Airways is fighting for its survival and has acted lawfully, Willie Walsh, the chief executive of the airline's owner IAG said on Monday, in a terse response to lawmakers who heavily criticised its treatment of employees.



3 years ago

JPMorgan to bring back more traders to office next week: source

JPMorgan Chase & Co plans to start returning more traders and sales staff to its Manhattan headquarters starting next week with volunteers, a source familiar with the matter said on Monday.Roughly 20% of the bank's sales and trading staff have worked at its New York office throughout the coronavirus pandemic. Starting on June 22, the bank will gradually increase its in-office staff to as much as 50% by mid-July, the source said.



3 years ago