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Oil executives hit out at administration’s move to pause approvals for LNG export terminals
...America were slower than expected due to the pressure on low-income consumers....
...At Bank of America, rising deposit costs equalled two-thirds of new interest received in the quarter....
...Charts are conservative on purpose; the Corps of Engineers report says that the channel is dredged to a depth of 45 feet....
...The second, more important, point is that Manulife’s move shows that some players are finally getting more honest about America’s commercial real estate pain. This is welcome — and belated....
...PayPal, Coty, News Corp and Mattel will post their earnings after the market closes. Fedspeak: US Federal Reserve governors Adriana Kugler and Michelle Bowman will make separate appearances....
...B corps, for instance, are certified not only by their own production and processes but also by their entire value chain....
...Over the past two years, big banks such as JPMorgan Chase, Bank of America, Citigroup and Wells Fargo charged more for loans in lockstep with the Fed lifting interest rates, without passing on the increase...
...And the actor, naturally, was the United States of America....
...“North American companies place a greater emphasis on pay-at-risk,” said Stephen Diotte, compensation practice leader at the Bedford Group, a Calgary-based consultancy....
Billionaire has criticised Delaware, where brain implant company was previously incorporated, after pay package ruling
...The situation in North America is different: the need for subsea cables is currently less but the US grid is in desperate need of upgrades....
World’s biggest brands to spend $650mn on coveted ad slots, featuring celebrities from Lionel Messi to Jennifer Aniston
...“Some models have been delayed, largely out of North America, which is pushing out the length of time of penetration [of EVs] in the US,” said Norris, adding that “potentially in parts of Europe” the shift...
...Only 17 per cent of the fund managers polled by Bank of America expect a so-called hard landing — which typically implies a recession — for global growth, the smallest proportion in 19 months....
...The decision has “primarily been driven” by the fact that outside North America the settlement cycle is not changing to T+1, the letter says....
...But here they are, propping up Bank of America’s balance sheet along with Joe and Jill Public. Even after SVB and FRB, there’s little regulatory threat....
Billionaire to shift a second business away from the state where his $56bn Tesla pay package was struck down
...But hardliners see this as a Trojan horse that would allow America to change the regime in Tehran....
...In 2016, the Army Corps of Engineers concluded that it was not cost-effective to build flood walls, levies and pump stations to protect Manville....
...“Haiti has descended into total chaos and lawlessness,” said Laurent Uwumuremyi, Haiti country director for US charity Mercy Corps....
While the social media platform struggled, the strength of excitement surrounding AI exceeded forecasts
...Biden said the US Army Corps of Engineers would work swiftly to clear the channel and allow the port to reopen to ships....
AI could be a game-changer for many of the tech giants
...If the ice shelves are no longer in place to buttress the north Greenland ice sheet, “this could have dramatic consequences in terms of sea level rise”, the researchers say....
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