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LNG in Europe Offers Opportunities for U.S., Challenges for Russia

LNG in Europe Offers Opportunities for U.S., Challenges for Russia

European efforts to import more liquefied natural gas are starting to pay off, moving the region further away from Russia’s energy orbit and potentially creating more opportunities for U.S. producers.

Published 3 weeks ago

FEMA Chief Brock Long’s Unauthorized Travel Cost Government $151,000, Inspector General Report Shows

FEMA Chief Brock Long’s Unauthorized Travel Cost Government $151,000, Inspector General Report Shows

President Trump’s top disaster official’s unauthorized use of government vehicles cost the government $151,000, according to an internal investigation.

Published 3 weeks ago

Bankers vs. Activists: Battle Lines Form Over Low-Income Lending Rules

Bankers vs. Activists: Battle Lines Form Over Low-Income Lending Rules

Treasury Secretary Steven Mnuchin and OCC head Joseph Otting want to overhaul the Community Reinvestment Act, in part based on their experiences running OneWest Bank. Mr. Otting has said the plan would rationalize the process and make it harder to derail mergers, while groups worry the changes could hurt lower-income borrowers.

Published 3 weeks ago

Federal Reserve Readies Third Interest-Rate Increase of 2018

Federal Reserve Readies Third Interest-Rate Increase of 2018

The central bank is prepared to raise rates by a quarter percentage point after its two-day policy meeting concludes Wednesday. It would be the eighth such move since late 2015.

Published 3 weeks ago

Apartment Rents Edge Higher

Apartment Rents Edge Higher

Third-quarter prices rose 2.9%, but tenants can still find deals in major metro areas.

Published 3 weeks ago

Trump Considers Keeping Rosenstein On, Advisers Say

Trump Considers Keeping Rosenstein On, Advisers Say

President Trump has told advisers he is open to keeping Deputy Attorney General Rod Rosenstein on the job, and allies of No. 2 Justice Department official said Tuesday he has given them the impression he doesn’t plan to quit.

Published 3 weeks ago

Putin’s Quest for Growth Spells Doom for Russia’s Iconic Railcars

Putin’s Quest for Growth Spells Doom for Russia’s Iconic Railcars

Russia’s third-class communal railcars have for decades melded together people, cuisine and customs from across the nation’s 11 time zones. Now passengers fear something vital will be lost as the “platzkart” gets redesigned and replaced as part of an effort to boost a sanction-laden economy.

Published 3 weeks ago

Top Uber Deal Maker Disciplined After Probe Into Office Conduct

Top Uber Deal Maker Disciplined After Probe Into Office Conduct

Uber executive Cameron Poetzscher, who played a key role in negotiating SoftBank’s investment in the ride-hailing firm, was disciplined after a probe found he had a pattern of making sexually suggestive comments about other co-workers.

Published 3 weeks ago

Trade Deal Could Move Ahead Without Canada, U.S. Official Says

Trade Deal Could Move Ahead Without Canada, U.S. Official Says

The Trump administration’s top trade negotiator threatened to move forward with a bilateral accord with Mexico amid a lack of progress with Canada on renegotiating the North American Free Trade Agreement.

Published 3 weeks ago

Daimler chief executive to step aside

Daimler chief executive to step aside

Dieter Zetsche has led the German automaker since 2006

Published 1 second ago

China state groups gobble up struggling private companies

China state groups gobble up struggling private companies

Growing trend of nationalisation sparks warnings of risk to economic vitality

Published 1 second ago

FEMA Chief Brock Long’s Unauthorized Travel Cost Government $151,000, Inspector General Report Shows

FEMA Chief Brock Long’s Unauthorized Travel Cost Government $151,000, Inspector General Report Shows

President Trump’s top disaster official’s unauthorized use of government vehicles cost the government $151,000, according to an internal investigation.

Published 3 weeks ago

Trade Deal Could Move Ahead Without Canada, U.S. Official Says

Trade Deal Could Move Ahead Without Canada, U.S. Official Says

The Trump administration’s top trade negotiator threatened to move forward with a bilateral accord with Mexico amid a lack of progress with Canada on renegotiating the North American Free Trade Agreement.

Published 3 weeks ago

Nike Buzz Created Tough Expectations

Nike Buzz Created Tough Expectations

Kaepernick ads sent the stock to a record, but solid earnings failed to further excite investors.

Published 3 weeks ago

Merkel ally’s defeat highlights growing CDU hostility

Merkel ally’s defeat highlights growing CDU hostility

Volker Kauder voted out as head of chancellor’s parliamentary group

Published 1 second ago