×

Wires

  • Trump will sign a decree on Tuesday to reverse former President Barack Obama's 2016 ban on new federal coal leases, part of a wide-ranging executive order to sweep away green regulations his administration says have hobbled the drilling and mining industries. "When we evaluate energy, let's look at the social cost of not having a job," Trumps Interior Secretary...

  • BISMARCK, N.D.— The Latest on the Dakota Access oil pipeline.:. Texas- based developer Energy Transfer Partners said Monday it had pumped oil into the section of the pipeline under a Missouri River reservoir. The developer of the Dakota Access pipeline says oil has been placed in the pipe under a Missouri River reservoir and the full line will be in service soon.

  • MEXICO CITY, March 28- Mexican miner Grupo Mexico said on Tuesday it had acquired Florida East Coast Railway for $2.1 billion, a rare acquisition that comes as U.S. Grupo Mexico's transport unit financed the purchase from Fortress Investment Group with $1.75 billion in debt and $350 million in capital, the company said in a statement to the Mexican stock...

  • OSHAWA, Ontario, March 28- Canada's economy has a lot more room to grow, with higher unemployment and more excess capacity than the United States, and if interest rates were raised today Canada would tip into recession, Bank of Canada Governor Stephen Poloz said on Tuesday. In response to a question U.S. rate hikes, Poloz said the two countries share a similar growth...

  • SAO PAULO, March 28- Brazilian shares rose on Tuesday, supported by rising shares of Vale SA after the world's No. 1 ore producer tapped a commodities industry veteran as its next chief executive officer. Preferred shares in Vale rose 1.7 percent, adding the most points to the benchmark Bovespa stock index, following the appointment of Fabio Schvartsman, who has...

  • LAGOS, March 28- Nigeria's central bank has set a new naira rate for retail exchange bureaus to sell dollars to consumers, the head of the bureau association told Reuters on Tuesday. Nigeria has several exchange rates-- the official one, the black market, a rate for Muslim pilgrims going to Saudi Arabia and a rate for foreign travel, school and medical fees.

  • "Ask Brianna" is a Q&A column from NerdWallet for 20- somethings or anyone else starting out. I'm here to help you manage your money, find a job and pay off student loans— all the real-world stuff no one taught us how to do in college. Send your questions about postgrad life to askbrianna@nerdwallet.com.

  • TOKYO, March 29- U.S. nuclear developer Westinghouse Electric Co plans to seek bankruptcy protection from creditors on Tuesday as it struggles with losses that have thrown its Japanese parent Toshiba Corp into crisis, people familiar with Toshiba's thinking said. Pittsburgh- based Westinghouse, crippled by cost overruns at two U.S. projects in Georgia and...

  • U.S. regulators have approved the first powerful, injected medicine to treat serious cases of the skin condition, eczema. The Food and Drug Administration has approved Dupixent for moderate or severe eczema, which causes red, itchy rashes. Dupixent will have an initial list price of $37,000 per year, according to Sanofi SA, based in Paris, and Regeneron...

  • LONDON, March 28- Britain's Telegraph Media Group, the publisher of the Daily and Sunday Telegraph broadsheets, is cutting jobs by outsourcing more of its sub-editing and page production to a third party agency, the company said on Tuesday. The group, which has been owned by British businessmen David and Frederick Barclay since 2004, said the domestic news...

  • WASHINGTON— Here are the 17 independent agencies based in the Washington area that President Donald Trump has proposed eliminating:. —Corporation for National and Community Service. —Institute of Museum and Library Services.

  • March 28- The U.S. Food and Drug Administration on Tuesday approved Regeneron Pharmaceuticals Inc and Sanofi SA's Dupixent for treatment of moderate to severe atopic dermatitis, a product widely seen as the most important future growth driver for the two companies. The drug will have a list price of $37,000 a year, Sanofi said. Wall Street analysts forecast...

  • NEW YORK— Tech billionaire Elon Musk is announcing a new venture called Neuralink focused on linking brains to computers. The company plans to develop brain implants that can treat neural disorders and may one day be powerful enough to put humanity on a more even footing with future superintelligent computers, according to a Wall Street Journal report citing...

  • WASHINGTON, March 28- U.S. consumer confidence surged to a more than 16- year high in March amid growing labor market optimism while the goods trade deficit narrowed sharply in February, suggesting the economy was regaining momentum after faltering at the start of the year. "With confidence upbeat and several other signals related to consumer spending in...

  • LONDON, March 28- The premium investors demand to hold French bonds fell to a two-month low on Tuesday as money managers baulked at a sale of safe-haven German debt, a sign that market tensions around the upcoming French elections have eased. An opinion poll on Tuesday showed centrist Emmanuel Macron with a more than 20- point lead over far-right, eurosceptic...

  • *Wall Street shares up as banks gain. NEW YORK, March 28- Stocks recovered on Tuesday as investors chose to look beyond U.S. Advancing shares in Asia and Europe helped boost the MSCI's all-country world equity index, which hit a near-two-week low on Monday.

  • March 28- A black production worker at Tesla Inc has filed a lawsuit claiming his job quickly turned from "a dream come true" to a nightmare when he was subjected to racial epithets and threats of violence from white coworkers. DeWitt Lambert says Tesla supervisors at the Fremont, California, factory where he has worked building electric cars since 2015 ignored...

  • FRANKFURT, March 28- CVC is selling German metering and energy management group Ista, which could be worth up to 4 billion euros, sources told Reuters on Tuesday. This will set in motion what could become the largest sale of a private equity portfolio company in Germany this year, they added. The company, which is present in 24 countries including China, Russia and the...

  • WASHINGTON— The booming Washington region has long been an easy target for Republican lawmakers who want to cut federal spending. In the unlikely event that Congress approves President Donald Trump's budget proposal, Washington could get one. While many of the targeted federal agencies have offices outside Washington, Trump's dream budget would hit the...

  • *Executives see scope to lure Middle East shoppers online. DUBAI, March 28- Souq.com will expand its workforce and operations after Amazon clinched a deal to buy 100 percent of the Middle East online retailer, executives from both firms said. Amazon and Souq.com said earlier on Tuesday they had agreed on the takeover, despite an eleventh-hour bid by Dubai...