By Mike StoneWASHINGTON (Reuters) - The U.S. State Department has approved the potential sale of nearly $3 billion worth of bombs, demolition kits and other weaponry to Israel, the Pentagon said in statements on Friday.The prospective weapons sales were notified to Congress on Friday afternoon on an emergency basis.That process sidesteps a long-standing practice of giving the chairs and ranking me ...
By David ShepardsonWASHINGTON (Reuters) - A growing number of U.S. lawmakers are raising questions about the potential for SpaceX CEO Elon Musk to interfere or take over a $2.4 billion Federal Aviation Administration telecommunications contract with rival Verizon (NYSE:VZ).Musk, a senior adviser to President Donald Trump who owns satellite company Starlink, has sharply criticized the current FAA t ...
(Reuters) - From Google to Target, many major U.S. companies have dropped or considered altering their diversity, equity and inclusion (DEI) policies following President Donald Trump’s executive order to curtail such programs at the federal and private level.Even before Trump took office, big corporations were under increasing pressure from conservative groups to cut back or tweak their DEI poli ...
By Suzanne McGee(Reuters) - The U.S. Securities & Exchange Commission sounded the alarm about aspects of the first broad private credit market exchange-traded fund, in a letter posted on its website on Thursday, hours after the ETF began trading. In what analysts and other asset management firms described as a highly unusual move, Brent Fields, associate director of the SEC’s division of inv ...