Fed sees ‘strong capital levels’ at banks after stress tests, greenlights share buybacks
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
Category: Business
Wall Street closes lower as stimulus rally cools, Tesla volume jumps
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
Harley-Davidson to pay discretionary bonus in Feb
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
U.S. blacklists dozens of Chinese firms including SMIC, DJI
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
Top U.S. energy diplomat expects minerals initiative to continue under Biden
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
German court allows Tesla to partially clear forest for new factory
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
Fed keeps countercyclical capital buffer at zero
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