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Fed sees ‘strong capital levels’ at banks after stress tests, greenlights share buybacks
December 29, 2020December 23, 2020 owatraycom

Fed sees ‘strong capital levels’ at banks after stress tests, greenlights share buybacks

Business

The largest U.S. banks have enough capital to withstand over $600 billion in losses from a short, sharp economic slump, as well as a moderate

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Wall Street closes lower as stimulus rally cools, Tesla volume jumps
December 28, 2020December 23, 2020 owatraycom

Wall Street closes lower as stimulus rally cools, Tesla volume jumps

Business

U.S. stocks ended lower on Friday, pulled down by uncertainty around a coronavirus stimulus deal, while Tesla shares jumped in heavy trading in anticipation of

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Harley-Davidson to pay discretionary bonus in Feb
December 27, 2020December 23, 2020 owatraycom

Harley-Davidson to pay discretionary bonus in Feb

Business

Harley-Davidson Inc said on Friday the human resources committee of its board approved a discretionary bonus to be paid in February to all eligible employees

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U.S. blacklists dozens of Chinese firms including SMIC, DJI
December 26, 2020December 23, 2020 owatraycom

U.S. blacklists dozens of Chinese firms including SMIC, DJI

Business

The United States added dozens of Chinese companies, including the country’s top chipmaker SMIC and Chinese drone manufacturer SZ DJI Technology Co Ltd, to a

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Top U.S. energy diplomat expects minerals initiative to continue under Biden
December 25, 2020December 23, 2020 owatraycom

Top U.S. energy diplomat expects minerals initiative to continue under Biden

Business

The Trump administration’s top energy diplomat said on Friday he expects an initiative aimed at securing supply chains for metals critical for the clean energy

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German court allows Tesla to partially clear forest for new factory
December 24, 2020December 23, 2020 owatraycom

German court allows Tesla to partially clear forest for new factory

Business

A German court on Friday ruled Tesla could partially proceed with clearing a forest to build a manufacturing site near Berlin. Environmentalists had gone to

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Fed keeps countercyclical capital buffer at zero
December 23, 2020 owatraycom

Fed keeps countercyclical capital buffer at zero

Business

The U.S. Federal Reserve Board voted Friday to keep its countercyclical capital buffer at zero percent, saying it would not order banks to hold additional

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