A divided U.S. House of Representatives passed a bill to suspend the $31.4 trillion debt ceiling on Wednesday, with majority support from both Democrats and Republicans to overcome opposition led by hardline conservatives and avoid a catastrophic default.
- MarketsExclusive: UN tries to save Black Sea grain deal with 'mutually beneficial' proposal
The U.N. has proposed that Kyiv, Moscow and Ankara start preparatory work for the transit of Russian ammonia through Ukraine as it tries to salvage a deal allowing safe Black Sea grain exports, a source close to the talks said on Wednesday.
- SustainabilityExxon, Chevron shareholders soundly reject climate-related petitions
Exxon Mobil Corp and Chevron Corp shareholders on Wednesday overwhelmingly rejected calls for stronger measures to mitigate climate change, dismissing more than a dozen climate-related proposals at their annual meetings.
- LegalEx-JPMorgan executive wrote Epstein 'should not be a client' in 2011 email, according to deposition
Chief Executive Jamie Dimon said in a deposition that he was not aware of the email from JPMorgan's former general counsel Stephen Cutler at the time but said "I know it today."