Business

FILE PHOTO: PG&E crew work on power lines to repair damage caused by the Camp Fire in Paradise, California, U.S. November 21, 2018. REUTERS/Elijah Nouvelage/File Photo (Reuters) – PG&E Corp, which filed for bankruptcy last month in the wake of potential liabilities from California’s catastrophic wildfires, on Thursday extended the deadline by which investors must
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(Reuters) – Federal Reserve policymakers thought pausing on U.S. interest rate hikes last month posed little risk and plenty of benefit, minutes from their Jan. 29-30 meeting showed, giving them time to assess the effects of a global slowdown and the Fed’s rate hikes to date on U.S. economic momentum. The Federal Reserve building is
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The Nissan logo is seen at Nissan car plant in Sunderland, Britain February 4, 2019. REUTERS/Phil Noble (Reuters) – Nissan Motor Co Ltd’s independent committee on governance is expected to recommend against the company having the same chairman as Renault SA, the Financial Times reported on Wednesday, citing people with knowledge of the discussions. Renault
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NEW YORK (Reuters) – U.S. stocks gained modestly on Tuesday as upbeat results from Walmart boosted investor sentiment and high-level U.S.-China trade talks resumed. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., February 19, 2019. REUTERS/Brendan McDermid All three major U.S. equity indexes edged higher, with the
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WASHINGTON (Reuters) – The U.S. auto industry urged President Donald Trump’s administration on Monday not to saddle imported cars and auto parts with steep tariffs, after the U.S. Commerce Department sent a confidential report to the White House late on Sunday with its recommendations for how to proceed. Imported vehicles are shown out for delivery
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