SEATTLE – A company proposing to build a terminal in Washington state to export U.S. coal to Asia sued the state Tuesday, arguing regulators unfairly denied the project a key permit. Continue Reading Below Millennium Bulk Terminals-Longview’s lawsuit claims the state Department of Ecology violated federal and state laws when […]
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Goldman plans private equity expansion to help offset trading funk
Goldman Sachs is ramping up its private-equity investments and going after smaller, high-growth targets as part of a broad plan to offset recent trading declines, three people familiar with the effort told Reuters. Continue Reading Below Goldman’s investment bank, which typically focuses on advising large companies on mergers and raising […]
China unveils new leadership line-up, no obvious Xi successor
Chinese President Xi Jinping (L) and former Chinese President Jiang Zemin are seen during the closing session of the 19th National Congress of the Communist Party of China at the Great Hall of the People, in Beijing, China October 24, 2017. REUTERS/Jason Lee TPX IMAGES OF THE DAY October 25, […]
Oil hovers near four-week high on Saudi pledge to end glut
FILE PHOTO – A general view of a crude oil importing port in Qingdao, Shandong province, in this November 9, 2008 file photo. REUTERS/Stringer/File Photo October 25, 2017 By Osamu Tsukimori TOKYO (Reuters) – Oil prices were largely steady on Wednesday, hovering near a four-week high hit a day earlier […]
Japan advisers propose delaying primary surplus target to after FY2020
FILE PHOTO – A man runs past the Bank of Japan (BOJ) building in Tokyo, Japan, July 29, 2016. REUTERS/Kim Kyung-Hoon/File Photo October 25, 2017 By Takaya Yamaguchi and Takashi Umekawa TOKYO (Reuters) – Influential private-sector members of Japan’s top advisory panel will propose on Thursday that the government delay […]
Puerto Rico, Whitefish defend controversial power contract
Puerto Rico and Whitefish Energy Holdings on Tuesday defended their $300 million contract for the small Montana company to repair the U.S. territory’s hurricane-ravaged power grid after the deal was criticized by U.S. lawmakers. Continue Reading Below The back-and-forth comes as Puerto Rico struggles to restore power to more than […]
China’s Xi given 2nd 5-year term as Communist Party leader
Communist Party leader Xi Jinping on Wednesday unveiled the lineup of the party’s highest body who will rule alongside him as he embarks on a second five-year term as party leader. As expected, Xi was given a renewed mandate following the first meeting Wednesday of the new Central Committee that […]
Another Air Canada jet safety issue at San Francisco airport
SAN FRANCISCO – Six times the control tower at San Francisco International Airport ordered an incoming Air Canada plane to abort its landing, fearing another plane might be on the runway. Each time, the order went unanswered. Continue Reading Below Finally, air traffic controllers Sunday night took out an emergency […]
Airlines get ready for new U.S. security rules from Thursday
New security measures including stricter passenger screening take effect on Thursday on all U.S.-bound flights to comply with government requirements designed to avoid an in-cabin ban on laptops, airlines said. Continue Reading Below Airlines contacted by Reuters said the new measures, which could include short security interviews with passengers, would […]
Republicans, Wall Street score victory in dismantling class-action rule
Banks, credit card issuers and other financial companies will be able to block customers from banding together to sue over disputes, after the U.S. Senate on Tuesday narrowly killed a rule banning the firms from using “forced arbitration” clauses. Continue Reading Below Republican Vice President Mike Pence appeared on the […]