By Pete Schroeder and Hannah Lang WASHINGTON (Reuters) -Sarah Bloom Raskin, President Joe Biden’s pick to be the Fed’s top bank regulator, told U.S. lawmakers on Thursday that she believes banks need strict oversight, but that...
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Exclusive-Investor Kyle Bass pivots to green credits, returned cash from hedge fund
By Svea Herbst-Bayliss (Reuters) – Investor Kyle Bass, who spent much of his career betting on sovereign debt crises and interest rates, is shifting focus from hedge funds to the environment with a firm that will buy rural land and...
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BlackRock pledges to help clients navigate, shape net-zero transition
By Simon Jessop and Ross Kerber LONDON (Reuters) – The world’s biggest asset manager BlackRock said it will increase the products and services it offers to help investors “navigate, drive and invent” the transition...
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White House, EPA urge US Postal Service to reconsider gas-powered vehicle plan
By David Shepardson WASHINGTON (Reuters) -The White House and Environmental Protection Agency (EPA) on Wednesday urged the U.S. Postal Service (USPS) to reconsider its plan to buy a new multibillion-dollar fleet of primarily...
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White House, EPA urge U.S. Postal Service to reconsider gas-powered vehicle plan
By David Shepardson WASHINGTON (Reuters) -The White House and Environmental Protection Agency on Wednesday urged the U.S. Postal Service (USPS) to reconsider its plan to buy a new multi-billion-dollar fleet of primarily gasoline-powered...
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Ethiopian Airlines flies 737 MAX with passengers for first time since deadly crash
By Dawit Endeshaw ADDIS ABABA (Reuters) -Ethiopian Airlines flew passengers on a Boeing 737 MAX plane on Tuesday, but opinions are divided on its first flight using the model since a crash nearly three years ago forced regulators to...
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