Business

Trump administation narrows list of potential Federal Reserve chairs to 5

Trump administation narrows list of potential Federal Reserve chairs to 5

WASHINGTON (AP) — Treasury Secretary Scott Bessent on Monday confirmed the names of five candidates to replace Jerome Powell as chair of the powerful Federal Reserve next year. On an Air Force On...

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Trump will meet the Japanese prime minister and address US troops on Asia trip

Trump will meet the Japanese prime minister and address US troops on Asia trip

TOKYO (AP) — President Donald Trump begins one of his busiest days of his Asia trip on Tuesday, meeting with the new Japanese prime minister, speaking to U.S. troops aboard an aircraft carrier and...

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Courts are hampering Trump’s efforts to cancel funding approved by Congress

Courts are hampering Trump’s efforts to cancel funding approved by Congress

Congress has the constitutional power of the purse, but President Donald Trump’s robust assertion of executive authority is testing even that basic tenet of U.S. democracy. His administration has ...

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American Water Works, Essential Utilities to merge

American Water Works, Essential Utilities to merge

American Water Works and Essential Utilities are merging in an all-stock deal that will create a public water utility worth about $40 billion. The combined company, which will use the name America...

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Nigerian billionaire plans expansion of Africa’s biggest oil refinery

Nigerian billionaire plans expansion of Africa’s biggest oil refinery

ABUJA, Nigeria (AP) — The billionaire owner of Africa’s largest refinery plans to expand its capacity to 1.4 million barrels per day to meet growing fuel needs in the continent and beyond. Aliko D...

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Huntington Bancshares buying Cadence Bank in $7.4 billion all-stock deal

Huntington Bancshares buying Cadence Bank in $7.4 billion all-stock deal

Huntington Bancshares is buying regional bank Cadence Bank in an all-stock deal valued at $7.4 billion that will strengthen its position across the Southern U.S. Cadence, which has headquarters in...

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