By Katanga Johnson WASHINGTON (Reuters) – The U.S. Consumer Financial Protection Bureau (CFPB) on Thursday said it is seeking public comment on a proposal to modify rules governing the access and use of consumer financial data which...
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Trump orders review of auto parts firm pension cuts
By David Shepardson WASHINGTON (Reuters) – President Donald Trump ordered a review of decade-old pension cuts to some retirees at a former General Motors <GM.N> auto parts unit, the White House said on Thursday, 12 days before...
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Intel’s margins tumble as customers shift to cheaper chips, shares slide 10%
By Stephen Nellis (Reuters) – Intel Corp <INTC.O> on Thursday reported that margins tumbled in the latest quarter as consumers bought cheaper laptops and pandemic-stricken businesses and governments clamped down on data center...
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Goldman to pay $3 billion, claw back executive pay over role in 1MDB corruption scandal
By Sarah N. Lynch and Noor Zainab Hussain WASHINGTON (Reuters) – Goldman Sachs Group Inc on Thursday said it was clawing back $174 million in executive compensation and had agreed to pay $2.9 billion over its role in Malaysia’s 1MDB...
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U.S. stocks advance, benchmark Treasury yields rise on fiscal aid hopes
By Stephen Culp NEW YORK (Reuters) – U.S. stocks gained ground on Thursday after oscillating for much of the session as growing optimism about an imminent U.S. coronavirus relief deal helped offset concern about a global surge in...
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Analysis: U.S. Supreme Court’s rightward move could benefit oil and gas interests
By Valerie Volcovici and Jessica Resnick-Ault WASHINGTON/NEW YORK (Reuters) – The addition of Amy Coney Barrett to the Supreme Court, moving it further rightward, could have significant consequences for U.S. climate change policy...
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