PG&E bondholders propose bankruptcy exit plan worth up to $30 bln
A committee of bondholders of PG&E Corp’s utility unit on Tuesday proposed a bankruptcy reorganization plan that would inject up to $30 billion to help...
PG&E bondholders propose bankruptcy exit plan worth up to $30 billion
A committee of bondholders of PG&E Corp’s utility unit on Tuesday proposed a bankruptcy reorganization plan that would inject up to $30 billion to help...
Trump thinks dollar is too strong, blames Fed policy: official
President Donald Trump believes the U.S. dollar is too strong, and the euro is too weak, and feels the situation could be eased if the...
Instant view: Powell – Fed is ‘insulated’ from short-term political pressure
Federal Reserve Chairman Jerome Powell on Tuesday said the U.S. central bank is “insulated from short-term political pressures,” as policymakers faced new calls by President...
Powell says Fed is wrestling with whether to cut rates, insulated from politics
Federal Reserve Chairman Jerome Powell on Tuesday said the U.S. central bank is “insulated from short-term political pressures,” as policymakers wrestle with whether to cut...
U.S. consumer confidence dives, trade tensions hurting economy
U.S. consumer confidence tumbled to a 21-month low in June as households grew a bit more pessimistic about business and labor market conditions amid concerns...
UPS will not join FedEx lawsuit against U.S. government
Parcel delivery company United Parcel Service Inc said on Tuesday it would not join rival FedEx Corp’s lawsuit against the U.S. government....
PG&E bondholders propose bankruptcy reorganization plan worth up to $30 billion
A committee of bondholders of PG&E Corp’s utility unit on Tuesday proposed a bankruptcy reorganization plan that would inject up to $30 billion, primarily equity,...
Porsche recalls 340,000 cars due to parking problem
Volkswagen’s sports-car brand Porsche has to recall almost 340,000 Cayenne and Panamera vehicles due to problems with their automatic transmission, the German company said on...
GM to spend $20 million more on equipment upgrade at Arlington plant
General Motors Co said on Tuesday it would invest an additional $20 million to upgrade equipment at the automaker’s Arlington Assembly plant in Texas, ahead...