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 […]
FOX Business News
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 […]
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 […]
Kershaw, Dodgers silence Astros bats to take World Series lead
The Los Angeles Dodgers, bolstered by a solid outing from pitcher Clayton Kershaw and a two-run blast from Justin Turner, beat the Houston Astros 3-1 on Tuesday to draw first blood in the World Series. Continue Reading Below Playing in record high temperatures in Los Angeles, Kershaw was sizzling, striking […]
Senate GOP moves to repeal consumer rule
WASHINGTON – The Republican-led Senate narrowly voted Tuesday to repeal a banking rule that would let consumers band together to sue their bank or credit card company to resolve financial disputes. Continue Reading Below Vice President Mike Pence cast the final vote to break a 50-50 tie. The banking industry […]
The Latest: Senate votes to repeal consumer rule
WASHINGTON – The Latest on Republican efforts to repeal a banking regulation that would let consumers participate in class-action lawsuits. (all times local): Continue Reading Below 9:15 p.m. The Senate has voted to nullify a consumer-oriented rule that would let millions of Americans band together to sue their banks or […]
Senate votes to nullify rule letting consumers band together to sue banks or credit card companies
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US probes 2nd Air Canada jet safety event in San Francisco
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 […]