Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
House passes bill to reform plane certification process after two Boeing 737 MAX crashes
By David Shepardson WASHINGTON (Reuters) - The U.S. House of Representatives unanimously approved legislation on Tuesday to reform the Federal Aviation Administration's aircraft certification process ...
Nov 17, 2020
Utilities, Tesla, Uber create U.S. lobbying group for electric vehicle industry
By David Shepardson WASHINGTON (Reuters) - A group of major U.S. utilities, Tesla, Uber and others said on Tuesday they are launching a new group to lobby for national policies to boost electric vehic...
Nov 17, 2020
Trump to nominate Brooks as U.S. comptroller of currency
WASHINGTON (Reuters) - U.S. President Donald Trump plans to nominate Brian Brooks to a five-year term as comptroller of the currency, the White House said on Tuesday. Brooks is now acting comptroller....
Nov 17, 2020
Hyundai faces lawsuit over EV fires as GM launches recall
By Heekyong Yang and Hyunjoo Jin SEOUL (Reuters) - Hyundai Motor Co is being sued over a string of battery fires in its electric vehicles (EVs), just as General Motors Co recalls nearly 70,000 EVs wit...
Nov 17, 2020
Goldman Sachs plans second round of job cuts after pandemic-led pause: Bloomberg News
(Reuters) - Goldman Sachs Group Inc is preparing for the second round of job cuts in just three months, Bloomberg News reported https://www.bloomberg.com/news/articles/2020-11-17/goldman-plans-second-...
Nov 17, 2020
Germany accuses Russia, China of stalling over North Korea fuel sanctions
By Michelle Nichols UNITED NATIONS (Reuters) - Germany accused Russia and China on Tuesday of preventing a United Nations Security Council committee from determining whether North Korea has breached a...
Nov 17, 2020
Senate blocks confirmation of Trump Fed nominee Shelton
(Reuters) - The U.S. Senate on Tuesday blocked President Donald Trump's nomination of Judy Shelton to the board of the Federal Reserve, making her the latest in a string of failed nominees to the cent...
Nov 17, 2020
McConnell open to $500 billion for coronavirus relief
WASHINGTON (Reuters) - U.S. Senate Majority Leader Mitch McConnell said on Tuesday he is open to a $500 billion package aimed at alleviating economic pain from the coronavirus pandemic, but the Republ...
Nov 17, 2020
Former UAW exec and GM board member sentenced to 30 months in prison for taking kickbacks
By Ben Klayman DETROIT (Reuters) - Former United Auto Workers Vice President Joseph Ashton on Tuesday was sentenced to 30 months in prison for accepting kickbacks as part of a wide-ranging federal cor...
Nov 17, 2020
U.S. travel spending will plunge in 2020, not fully recover until 2024: travel group
WASHINGTON (Reuters) - A U.S. travel group said on Tuesday that travel spending is expected to fall by more than $500 billion in 2020 and is not expected to recover to pre-coronavirus levels until 202...
Nov 17, 2020
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