House Speaker Paul Ryan delivered a firm endorsement of Majority Leader Kevin McCarthy to succeed him as the House GOP leader next year as a group of conservative Republicans said they're considering a bid to block the choice in order to build their own influence. âWe all believe that Kevin is the
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Oracle Corp. is leading a campaign in Washington to prevent Amazon.com Inc. from winning a lucrative Defense Department computing contract that'll be awarded in coming months, according to three people familiar with the matter. The Oracle-led effort relies on a loose coalition of technology
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Federal regulators on Friday issued a proposed that would give banks three years to retain capital against credit losses in accordance with a new accounting policy. The Fed said in a statement that the changes would give banks three years to assess their regulatory capital needs with respect to a new
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Saudi Aramco's accounts show the oil giant to be the world's most profitable company with a net income of $33.8 billion in the first half of 2017. Bloomberg's Javier Blas reports on “Bloomberg Daybreak: Americas.” (Removes incorrect graphic.) (Source: Bloomberg)
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NEW YORK (Reuters) – General Electric Co (GE.N) said on Friday it will take a charge of $4.24 billion in the first quarter and reduce earnings over the last two years by 30 cents a share, figures in line with expectations the company set earlier this year when it said it would comply with new accounting
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