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...Jim Jordan, the Republican chair of the House judiciary committee, said on X the decisions by JPMorgan and State Street were “big wins for freedom and the American economy, and we hope more financial institutions...
...Sir Martin Sorrell’s S4 Capital warned of another fall in revenues this year because of a “challenging” economic outlook, sending the digital advertising agency’s shares down 15 per cent....
...The relevant regulatory body reviewing the transaction, the inter-agency Committee on Foreign Investment in the US panel, handles national security concerns....
...If agencies are concerned that it will reduce competition in a potentially transformative area of technology, they can investigate....
...While Capital One trades at 1.4 times tangible book value, it will pay 2.6 times for Discover, inclusive of a 27 per cent premium owed to shareholders. (American Express trades at 6 times book value)....
...An OCC spokesperson said the agency had “not received a filing from Capital One regarding Discover Financial Services”....
...“It is important that we maintain strong American steel companies powered by American steel workers,” Biden said....
...That is bad news for the American VCs desperate to become asteroid miners....
...Th executives were in the capital this week to attend the China Development Forum, Beijing’s flagship business conference....
...“I’ve never seen anything like this, the chaos,” said Byron Callan, managing director of research group Capital Alpha Partners. “It’s really a very chaotic environment in Washington right now.”...
...Acquiring the Hess portion of Stabroek would involve, among other things, paying off Hess’s capital gain taxes....
...Brent Berg, president and chief executive of Rare Element Resources, a minerals company, will join Uranium Energy Corp, a North American uranium company, as senior vice-president of US operations....
...Porticoes Capital will seek to take over banks closed by the Federal Deposit Insurance Corporation, the US regulator, according to an official filing....
...The company intends to inject much-needed technology and capital into US Steel....
...A military adviser identified as Saeed Alidadi was killed “in an Israeli air strike south of Damascus”, according to the Tasnim news agency that is close to the elite Guards unit....
...(In the interest of accuracy we are reckoning in the same feet used by American charts and the Corps of Engineers.) The Chief’s Report was only a recommendation....
...The rating agency pointed to “declining contracted sales”, which it estimated had fallen 40 per cent in the first two months of the year from a year ago to Rmb34.5bn ($4.8bn) and “rising uncertainties over...
...”, according to news agency Interfax....
...But the problem is that as long as these “pretend and extend” tactics are playing out, uncertainty will haunt the property sector, threatening to undermine American growth....
...It’s worth noting that Japan is the largest foreign investor in the United States, directly employing nearly a million American workers....
...Rating agency Moody’s Investors Service cut its outlook on China’s sovereign credit rating to negative on Tuesday, citing growing risks of persistently lower midterm economic growth and the overhang from...
...“These incentives allow operators to receive a higher cut of production in order to recover capital and operating costs on projects....
...This budget proportion sustains American diplomacy initiatives, funds the State Department, and supports the US Agency for International Development (USAID) and the Peace Corps....
...“The American economy remains strong, and Treasury securities are the world’s pre-eminent safe and liquid asset.”...
...Brainard added that the deal was the “type of transaction” that the Committee on Foreign Investment in the United States, the inter-agency panel that vets deals for national security threats, was set up...
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