Tag: Financial services
Hedge fund to pay $312M for McClatchy newspaper chain
SACRAMENTO, Calif. (AP) - Hedge fund Chatham Asset Management says will pay $312 million to buy newspaper publisher McClatchy out of bankruptcy protection. Chatham...
Senate panel approves Trump’s controversial Fed nominee
WASHINGTON (AP) - The Senate Banking Committee on Tuesday approved President Donald Trump's choice of Judy Shelton for the Federal Reserve board of governors...
Mnuchin urges swift aid bill; ex-Fed chairs want bigger deal
WASHINGTON (AP) - Treasury Secretary Steven Mnuchin urged Congress Friday to quickly enact a new pandemic relief package targeting hardest-hit swaths of the economy,...
Former Fed officials urge more efforts to bolster economy
WASHINGTON (AP) - Former Federal Reserve Chairs Ben Bernanke and Janet Yellen urged Congress on Friday to do more to help the economy deal...
Fed survey says economy has picked up but outlook cloudy
WASHINGTON (AP) - The Federal Reserve says economic activity has picked up in most regions of the country but still remains well below pre-pandemic...
COVID-19 heroes must jump through hoops for workers’ comp
WASHINGTON (AP) - Lauded for their service and hailed as everyday heroes, essential workers who get the coronavirus on the job have no guarantee...
Governors’ companies among recipients of virus relief loans
COLUMBUS, Ohio (AP) - Governors who ordered shutdowns as their states responded to the coronavirus pandemic were among millions of beneficiaries of the loan...
Governors’ companies among recipients of virus relief loans
COLUMBUS, Ohio (AP) - Governors who ordered shutdowns as their states responded to the coronavirus pandemic were among millions of beneficiaries of the loan...
British judge denies Maduro Venezuela’s gold in London bank
LONDON (AP) - A British judge on Thursday refused to give Venezuela's Nicolás Maduro control of nearly $2 billion in gold sitting in a...
Fed minutes show concerns about severity of downturn
WASHINGTON (AP) - Federal Reserve officials last month expressed concerns about the severity of the economic downturn triggered by the coronavirus pandemic, saying the...