FAA review says Boeing 787 Dreamliner is safe
WASHINGTON (Reuters) – The Boeing 787 Dreamliner, grounded for months last year after battery overheating problems, is soundly designed and safe to fly, a joint review by the planemaker and the Federal Aviation Administration said on Wednesday.
U.S. swaps regulator seeks help from markets to clean up data
WASHINGTON (Reuters) – The U.S. derivatives regulator on Wednesday asked market participants to answer a long list of questions it hopes will help it cope with a deluge of data on the $630 trillion market it newly regulates.
Dutch Gasunie sees cross-shareholding potential with Fluxys, OGE
AMSTERDAM (Reuters) – Dutch Gasunie sees Belgian pipeline operator Fluxys and Germany’s Open Grid Europe (OGE) as potential shareholders if parliament allows cross-shareholdings for network operators, Gasunie’s chief executive said on Wednesday.
NY regulator says financial firms could face bans over money laundering
WASHINGTON (Reuters) – New York state’s top financial regulator on Wednesday said his office, as part of efforts to crack down further on Wall Street misdeeds, is considering banning certain banks from specific businesses.
New generation of small engines to power 27 GM models by 2017
PONTIAC, Michigan (Reuters) – General Motors Co on Wednesday announced a new generation of efficient small engines that it says will power 27 models in 64 countries by the 2017 model year.
Italy’s F-35 jet orders should be frozen, cut: Renzi party document
ROME (Reuters) – Italy should put its order for 90 Lockheed Martin F-35 fighter jets on hold and probably cut it “significantly”, lawmakers in Prime Minister Matteo Renzi’s Democratic Party (PD) say, according to a party document.
SEC close to weighing possible action on proxy advisory firms
WASHINGTON (Reuters) – The Securities and Exchange Commission will soon review recommendations for possible regulatory action targeting proxy advisory firms, SEC Chair Mary Jo White said on Wednesday.
Winter storms hit FedEx’s quarterly results, outlook
(Reuters) – FedEx Corp on Wednesday said severe winter conditions had hurt quarterly earnings and revenue, prompting the world’s No. 2 package delivery company to cut its fiscal-year profit forecast.
Chevron seeks $32 million in legal fees in Ecuador case
NEW YORK (Reuters) – Chevron Corp is seeking $32.3 million in legal fees from Steven Donziger and others who this month who were found by a judge to have used fraud to obtain a multibillion-dollar pollution judgment against Chevron in Ecuador.
U.S. FAA review says Boeing 787 Dreamliner is safe
WASHINGTON (Reuters) – The Boeing 787 Dreamliner, which was grounded for more than three months last year after batteries overheated, is soundly designed and safe to fly, a joint review by the planemaker and the Federal Aviation Administration said on …