Washington Financial News
11.07 / 09:37
UPS
Provident
FIVE
Action
Assurant
Allegiant
Indonesia warns nuclear weapons put Southeast Asia a 'miscalculation away' from a catastrophe
Indonesia’s top diplomat is warning of the threat posed by nuclear weapons, saying that Southeast Asia is “one miscalculation away from apocalypse” and pressing for world powers to sign a treaty to keep the region free from such arms
11.07 / 09:37
Facebook
Provident
Target
Google
SPY
Europe signs off on a new privacy pact that allows people's data to keep flowing to US
The European Union has signed off on a new agreement over the privacy of people’s personal information that gets pinged across the Atlantic, aiming to ease concerns about electronic spying by American intelligence agencies
11.07 / 09:37
COST
UPS
Booking
Career
Colleges
Supreme Court Justice Sotomayor's staff prodded colleges and libraries to buy her books
For colleges and libraries seeking a big name for a guest lecturer, few come bigger than Sonia Sotomayor, the Supreme Court justice who rose from poverty in the Bronx to the nation’s highest court
11.07 / 04:23
MET
Cooper
Mobile
US President
Sunak
US President Joe Biden on Europe tour, meets UK's Rishi Sunak & King Charles-III ahead of NATO meeting
United States President Joe Biden began his trip to Europe on Monday with a visit to London where he met with British Prime Minister Rishi Sunak and King Charles-III. The US President described the relationship between the two nations as «rock solid.» The meeting between Biden and Sunak comes ahead of a key NATO meeting in Vilnius, Lithuania's capital. Biden, who is on a three-nation visit, made his first stop at the UK before heading later in the day for a NATO leaders summit in Lithuania.
11.07 / 02:45
11.07 / 00:49
COST
Target
Action
Pool
Continental
Arrow
NOT
Europe’s Defense Dilemma: To Buy, or Not to Buy American
As defense budgets increase across Europe, capitals across the continent face a difficult choice: whether to spend the money on weapons developed at home or continue buying American. Last year, defense expenditure in Europe rose 13% to $345 billion, the fastest rate since the end of the Cold War, according to the Stockholm International Peace Research Institute, a think tank known as Sipri. Much of the spending, however, goes to U.S.
11.07 / 00:49
Fighting
Remark
AT&T
Deal
Senators
Senators Ready to Grill the PGA Tour About Its Saudi Deal
When the PGA Tour viewed the Saudi-backed LIV Golf league as an existential threat, it counted politicians among its most prominent allies. A Senate hearing on Tuesday will be a public gauge of how dramatically and quickly that support transformed into antagonism. Tour officials will appear before the Senate’s Permanent Subcommittee on Investigations for a first hearing on the agreement between the Tour and Saudi Arabia’s sovereign-wealth fund—a pact between bitter enemies that shocked the golf world and quickly drew the ire of Capitol Hill.
10.07 / 18:27
10.07 / 18:15
Target
MET
Cooper
Action
Southern
Cooperation
US Treasury chief Yellen appeals to China for cooperation on climate and other global challenges
Treasury Secretary Janet Yellen has appealed to China not to let disagreements about trade and other irritants disrupt cooperation on climate change and other global challenges
10.07 / 18:15
UPS
Target
Cooper
Action
consequences
Yellen says Washington might 'respond to unintended consequences' for China due to tech export curbs
Treasury Secretary Janet Yellen says Washington will listen to Chinese complaints about security-related curbs on U.S. technology exports and might “respond to unintended consequences” as she ended a visit to Beijing aimed at reviving strained relations
10.07 / 18:09
UPS
Provident
Assurant
Align
SVB
Financial
regulatory
America's big banks face one of biggest regulatory overhauls since the financial crisis
Major banks are facing one of the biggest regulatory overhauls since the financial crisis, setting up a clash with Wall Street over the amount of capital that they have to set aside to weather tumult.
10.07 / 17:05
Facebook
UPS
Provident
Target
Citizens
Google
Europe signs off on a new privacy pact that allows people's data to keep flowing to US
The EU-U.S. Data Privacy Framework has an adequate level of protection for personal data, the EU's executive commission said. That means it's comparable to the 27-nation's own stringent data protection standards, so companies can use it to move information from Europe to the United States without adding extra security.
10.07 / 13:49
10.07 / 12:07
Waves
FIVE
Extreme
SARS-CoV-2
New air monitor can detect Covid variants in about 5 minutes
Researchers have developed a real-time air monitor that they say can detect any of the SARS-CoV-2 virus variants in a room in about five minutes.
10.07 / 10:55
Citi
TikTok
Does TikTok's viral self-care trend 'Bed-rotting' have potential to harm mental health? Here's what experts say
TikTok users post videos of themselves bed-rotting, often tucked under blankets with snacks or a phone in hand. Dr. Jessica Gold, an assistant professor of psychiatry at Washington University School of Medicine in St. Louis and a TikTok user, explains the latest self-care trend called bed-rotting. She describes bed-rotting as the activity of staying in bed all day long, hence the term 'rotting.' TikTok users post videos of themselves bed-rotting, often tucked under blankets with snacks or a phone in hand. Gold states that bed-rotting is similar to having a lazy day but emphasizes its immobility and reduced activity.
10.07 / 10:43
10.07 / 04:25
COST
UPS
Provident
Siemens
Volkswagen
Strategy
businesses
German businesses bet big on China, and they’re starting to worry
Karl Haeusgen’s grandfather invented a hydraulic pump he was so proud of that he founded a company to sell it. Back then, there were no revenue projections or five-year growth strategies. The plan was survival: “It was just about grabbing chances,” Haeusgen said.
10.07 / 02:25
Monarch
Joe Biden visits Britain ahead of NATO summit
Biden was in Britain on Monday for a brief visit to his key ally during which he will meet King Charles III and Prime Minister Rishi Sunak before going on to a NATO summit in Lithuania. Ahead of the visit, the White House said Biden would seek to «further strengthen the close relationship» with Britain. The king will host Biden at Windsor Castle, a royal residence west of London, where they are due to discuss climate issues, long a subject close to Charles' heart.
10.07 / 02:03
UPS
Manufacturing
CEO
Strategy
Software
Harley-Davidson
Harley-Davidson may make in India to sell globally, says CEO Jochen Zeitz
Harley-Davidson, which last week began its second innings in India by launching its most affordable bike to date in partnership with Hero MotoCorp, might use the facilities here to sell in other global markets, its CEO Jochen Zeitz told ET. Zeitz, on his first visit to India after taking over as Harley-Davidson CEO, said the company's immediate priority, however, is to strengthen local sales with the HD X440, the bike Harley co-created with Hero. «We were manufacturing our 750cc also for the international market (here), so I am not ruling that out,» Zeitz said, referring to India's export potential for the company.
09.07 / 20:55
09.07 / 19:17
Reuters
Cooper
Progressive
Action
Assurant
SPY
Yellen says 'significant disagreements' remain in US-China relationship, but sees 'progress'
Janet Yellen holds meeting in China
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