Tag: Financial services
Text of the Federal Reserve’s statement after its meeting
WASHINGTON — Below is the statement the Fed released Wednesday after its policy meeting ended:
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Critics say rail facility bailout would help Hoeven’s bank
BISMARCK, N.D. — North Dakota’s Republican-led Legislature is considering giving $10 million to an intermodal rail facility, a move backers say will reduce shipping...
New challenge for the Powell Fed: A strengthening economy
WASHINGTON — For the past year, Federal Reserve Chair Jerome Powell has expressed a wish for more rescue spending from Congress, better control of...
This Week: Industrial production, housing starts, Nike earns
A look at some of the key business events and economic indicators upcoming this week:
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Lebanese parliament approves World Bank loan to help poor
BEIRUT — Lebanon’s parliament on Friday approved a $246 million loan from the World Bank that would provide cash assistance for more than 160,000...
6 Nations reach 5-year, $508M investment lifeline with CVC
LONDON — Six Nations Rugby confirmed a 365 million pound ($508 million) injection of much-needed cash from private equity firm CVC Capital Partners on...
Man gets prison for insurance fraud in sons’ 2015 drownings
LOS ANGELES — A man accused of drowning two of his sons and trying to kill his ex-wife by driving them off a Los...
Greenpeace protests ECB’s loans for carbon-heavy industries
FRANKFURT, Germany — Greenpeace activists landed on the roof of a European Central Bank building Wednesday to drop a banner protesting the financial institution's...
Hertz eyes bankruptcy exit through $4.2 billion stake sale
In a deal to jettison itself from under bankruptcy protection, Hertz said Tuesday that it may sell a controlling stake in the company to...
Germany’s Birkenstock selling majority stake to investors
BERLIN — Germany's Birkenstock, known for its upmarket sandals, said Friday it is selling a majority stake to private equity firm L Catteron and...