Treasury’s Mnuchin says he wants answers on Equifax breach
WASHINGTON (Reuters) – U.S. Treasury Secretary Steven Mnuchin on Tuesday said he wants to know how the Consumer Financial Protection Bureau is handling a probe into a hack of credit bureau Equifax Inc after a report that the agency’s chief has pulled …
Wall Street rebounds in volatile trade after steep drops
(Reuters) – U.S. stocks rebounded in volatile midday trading on Tuesday, following the biggest one-day declines for the S&P 500 and the Dow in more than six years.
Apple sees ‘strong demand’ for replacement iPhone batteries: letter
WASHINGTON/SAN FRANCISCO (Reuters) – Apple Inc has seen “strong demand” for replacement iPhone batteries and may offer rebates for consumers who paid full price for new batteries, the company said in a Feb. 2 letter to U.S. lawmakers made public on Tu…
Treasury’s Mnuchin says will raise Equifax breach with CFPB chief
WASHINGTON (Reuters) – U.S. Treasury Secretary Treasury Steven Mnuchin on Tuesday said he wants to know how officials at the Consumer Financial Protection Bureau plan to investigate the Equifax data breach.
China demands compensation for U.S. solar tariffs: WTO filings
GENEVA (Reuters) – China has sent the United States a demand for talks on compensation for steep U.S. tariffs imposed on imported solar panels and washing machines, World Trade Organization filings showed on Tuesday.
Alabama sues OxyContin maker Purdue Pharma over opioid epidemic
(Reuters) – Alabama on Tuesday became the latest state to file a lawsuit accusing OxyContin maker Purdue Pharma LP of fueling the opioid epidemic by deceptively marketing prescription painkillers to generate billions of dollars in sales.
Wall Street drops in volatile trade after steep falls
(Reuters) – U.S. stocks fell in volatile trading on Tuesday, as a pullback from record highs steepened following the biggest one-day declines for the S&P 500 and Dow in more than six years.
Bitcoin rebounds from three-month low in volatile trade
NEW YORK (Reuters) – Bitcoin recovered from three-month lows below $6,000 in choppy trading on Tuesday, but worries lingered about a global regulatory clampdown and moves by banks to ban buying bitcoin with credit cards.
Senate spotlights virtual currencies as bitcoin price swings
WASHINGTON (Reuters) – Digital currencies such as bitcoin were in the spotlight again on Tuesday as lawmakers in the U.S. Senate questioned top markets watchdogs over how to better regulate the highly volatile and risky emerging asset class.
After profit beat, GM looks to trucks, SUVs to rev up margins
DETROIT (Reuters) – General Motors Co said on Tuesday a richer mix of full-size pickups and mid-size SUVs in North America should help it offset higher commodity costs in 2018 and maintain pretax margins above 10 percent.
