By Richard Cowan and Moira Warburton WASHINGTON (Reuters) -A U.S. congressional committee began a hastily called hearing into the Jan. 6, 2021, assault on the U.S. Capitol by then- President Donald Trump’s supporters, summoning a former White House aide to testify and promising new evidence. The House of Representatives committee, investigating the first attempt to […]
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Category: N2:US
Fed’s Daly: growth will slow, but don’t expect economy to shrink
(Reuters) – San Francisco Federal Reserve Bank President Mary Daly on Tuesday said she believes the U.S. economy will slow to below 2% annual growth as the Fed raises interest rates, but there’s enough momentum that it won’t stop growing. “I do expect the unemployment rate to rise slightly, but nothing (like)…. what people would […]
Buffett’s Berkshire buys more Occidental shares, raises stake to about 16.4%
(Reuters) – Warren Buffett’s Berkshire Hathaway Inc said on Monday it has purchased another 794,389 shares of Occidental Petroleum Corp, giving the conglomerate a nearly 16.4% stake in the Houston, Texas-based oil company. The purchases were made in multiple transactions and cost about $44 million, Berkshire said in a regulatory filing. The share purchases come […]
U.S. FDA classifies recall of GE’s ventilator batteries as most serious
(Reuters) – U.S. health regulators on Tuesday classified the recall of some backup batteries of GE Healthcare’s ventilators, which the company had initiated in mid-April, as the most serious type, saying that their use could lead to injuries or death. The CARESCAPE R860 ventilator’s backup batteries, including replacement backup batteries, were recalled as they were […]
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