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Biden demands faster drop in gas prices as oil tumbles
• Russia could lose 30% of its oil output within weeks, IEA warns • Natural gas is expensive, dirty and financing war. Here are 5 ways to use less of it • Covid. War. Inflation. Recession fears. The stock market can't keep up
[ cnn.com ]House investigators target the money trail behind January 6 rally
The House select committee is setting its sights on the financing behind events and people associated with January 6, CNN has learned, including money that funded pro-Trump "Stop the Steal" rallies that preceded the attack on the Capitol that day, in an effort to determine whether any election law violations or financial crimes took place.
[ cnn.com ]Sen. Wicker on Biden's infrastructure plan: Not ruling out tax hike
CNN's Jim Sciutto speaks with Sen. Roger Wicker (R-MS) about the bipartisan negotiations involved with financing President Joe Biden's infrastructure plan.
[ cnn.com ]Refinancing your home is about to get more expensive. This is why
If there's one part of the economy that is doing well, it's the mortgage industry. Record low mortgage rates are driving so many people to refinance that the housing market is on track to see $2 trillion in refinances in 2020, second only to 2003, according to the Mortgage Bankers Association.
[ cnn.com ]How a Biden win can sink McConnell's top priority
Joe Biden's acceptance of the Democratic nomination for President has brought him closer to accomplishing a mission he started 47 years ago: to create a system of public financing for presidential and congressional elections.
[ cnn.com ]Justice Department seizes millions in cryptocurrency from terror groups
The Justice Department seized $2 million worth of cryptocurrency from terror groups in the Middle East, federal prosecutors announced Thursday, marking the largest ever US government takeover of online terrorist financing.
[ cnn.com ]Brazil police raid Bolsonaro backers in probe of rallies
Brazilian police raided the homes and offices of President Jair Bolsonaro's allies on Tuesday as part of an investigation into the financing of anti-democratic rallies in support of the right-wing leader.
[ reuters.com ] worldNews,U.S. development agency proposes financing of nuclear power exports
A U.S. development agency proposed lifting restrictions on the financing of advanced nuclear energy projects for export, a move the Trump administration hopes will help the industry compete with state-owned companies in China and Russia.
[ reuters.com ] environmentNews,Saks Fifth Avenue owner seeks financing as virus crimps sales -sources
Saks Fifth Avenue owner Hudson's Bay Company is preparing a bond offering to shore up its finances, the latest retailer to do so after the novel coronavirus pandemic forced widespread store closures, according to people familiar with the matter.
[ reuters.com ] companyNews,PG&E Corp preparing $11 billion debt financing: investor
California utility PG&E Corp is preparing an $11 billion debt-financing package as it prepares to exit from its bankruptcy, an investor involved with the company's funding plan said on Friday, sending its shares up more than 12%.
[ reuters.com ] businessNews,UPDATE 1-PG&E Corp preparing $11 bln debt financing – investor
California utility PG&E Corp is preparing an $11 billion debt-financing package as it prepares to exit from its bankruptcy, an investor involved with the company's funding plan said on Friday, sending its shares up more than 12%.
[ reuters.com ] companyNews,BBC appoints insider as new boss to negotiate future finance model
The BBC appointed an insider as its new director general on Friday, tasked with securing the future direction and financing of the publicly-funded British broadcaster in the wake of government scepticism of the current model.
[ reuters.com ] businessNews,New Mexico public fund to provide capital for small businesses during pandemic
NEW YORK, June 2 (LPC) - The New Mexico State Investment Council (SIC) fund is offering financing to in-state businesses, an alternative to federally funded loans for small and mid-sized companies that are heavy in requirements and often reserved for better-known borrowers.
[ reuters.com ] companyNews,Financing hunt during pandemic lifts May U.S. convertible debt issuance to record
U.S. issuance of convertible bonds in May hit a record high of $20.7 billion, according to Bank of America data, as companies struggling with the impact of the coronavirus pandemic ventured into the one-time niche market seeking cheaper and easier ways to borrow cash.
[ reuters.com ] businessNews,Rental management firm Vacasa raises $108 mln in Silver Lake-led round
Rental property manager Vacasa LLC said on Tuesday it raised $108 million in a financing round led by private equity firm Silver Lake, bolstering the U.S. company's coffers as it bids to beat the economic downturn induced by the COVID-19 pandemic.
[ reuters.com ] companyNews,UPDATE 1-Brazil cannot rely on foreign funding in short term, says central bank chief
Brazil cannot rely on foreign financing in the short term, central bank president Roberto Campos Neto said on Monday, citing the recent record capital outflow as the coronavirus crisis and investor jitters intensified.
[ reuters.com ] companyNews,Embraer negotiating $600 million bank financing for exports
Brazilian planemaker Embraer SA , the world's third largest commercial jet builder, should obtain $600 million in credit lines from Brazil's state development bank BNDES and private banks in June, government sources said on Sunday.
[ reuters.com ] businessNews,Greensill drops libel suit against Reuters over bond story
Greensill Capital said it has dropped a libel suit against Reuters over a story which said that the financing group had provided a false statement to market participants in 2018.
[ reuters.com ] businessNews,Austrian Airlines, government agree financing package: Kurier
Austria's government and Lufthansa-owned carrier Austrian Airlines on Tuesday reached agreement on loans for the airline and to keep Vienna airport as a long-haul hub, a major step forward in the rescue negotiations, daily Kurier said.
[ reuters.com ] businessNews,UBS announces global financing team
UBS said on Monday it has created a new global financing team, a group that will span across divisions under one group in order to serve clients in a faster and simpler fashion.
[ reuters.com ] businessNews,