Edition:
United States

Dan Burns

PG&E shares and bonds plunge as California wildfire risks mount

Nov 14 2018

PG&E Corp , the electricity provider in the northern California region ravaged by a deadly wildfire, warned that it could face "significant liability" in excess of its insurance coverage if its equipment caused the blaze, sending its shares and bonds sharply lower.

UPDATE 3-PG&E shares and bonds plunge as California wildfire risks mount

Nov 14 2018

Nov 14 PG&E Corp, the electricity provider in the northern California region ravaged by a deadly wildfire, warned that it could face "significant liability" in excess of its insurance coverage if its equipment caused the blaze, sending its shares and bonds sharply lower.

GE's demolished dividend shreds shareholders' safety net

Oct 30 2018

NEW YORK General Electric Co shareholders were dealt yet another blow on Tuesday.

Few thrills ahead for Trump from a Fed on a mission of its own

Aug 21 2018

"Not thrilled" may become a regular state of mind for U.S. President Donald Trump in the months ahead, as the Federal Reserve is likely to press on with interest rate rises to recalibrate policy for an economy boosted by the president’s own tax cuts.

Graphic: Fed set to tinker with crisis-era policy framework

May 25 2018

NEW YORK Two-and-a-half years into its tightening cycle, the U.S. Federal Reserve is set to fine-tune a policy framework that was built in the shadow of the financial crisis but that may not hold as markets and banks continue to adjust in the years ahead.

Factbox: Tariff talk looms large in Federal Reserve's latest 'Beige Book' business survey

Apr 18 2018

The Federal Reserve's latest "Beige Book", a summary of the state of U.S. business across the central bank's 12 regional districts published on Wednesday, featured an explosion in references to import tariffs as American firms estimated the impact of the Trump administration's newest trade policies.

Factbox: Tariff talk looms large in Federal Reserve's latest 'Beige Book' business survey

Apr 18 2018

The Federal Reserve's latest "Beige Book", a summary of the state of U.S. business across the central bank's 12 regional districts published on Wednesday, featured an explosion in references to import tariffs as American firms estimated the impact of the Trump administration's newest trade policies.

Short track speed skating: Chaos as usual in the Pyeongchang Games

Feb 26 2018

GANGNEUNG, South Korea Chaos reigned as it so often does on the short track oval at the Pyeongchang Games, with roughly a quarter of the field in the eight events drawing penalties that caused disqualifications.

NHL absence led to many firsts in men's tournament

Feb 25 2018

GANGNEUNG, South Korea The lengthy list of firsts witnessed in men's ice hockey at the Pyeongchang Olympics is both impressive and in many cases outright stunning, contributing to one of the most topsy-turvy tournaments in memory.

Olympics: Ice Hockey - Russians sing banned anthem after beating Germany to gold

Feb 25 2018

GANGNEUNG, South Korea Kirill Kaprizov scored in overtime to lead the Olympic Athletes from Russia (OAR) past a feisty Germany 4-3 on Sunday to win the men's ice hockey gold before joining his team mates to defy a ban by singing the Russian national anthem during the medal ceremony.

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