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US Senator Scott, facing block on Fed chair nominee, says Powell is not a criminal
Sen. Tim Scott said Fed Chair Jerome Powell did not break the law, pushing back on a DOJ probe tied to Fed testimony.
Trump administration probe of Fed’s Powell draws pushback
A criminal probe of Fed Chair Jerome Powell sparked bipartisan criticism, raised concerns over Fed independence and moved markets.
First Brands CEO James resigns amid bankruptcy process
(Reuters) -First Brands said on Monday founder Patrick James had stepped down as CEO and will be succeeded by Chief Restructuring Officer Charles Moore on an interim basis, as the auto parts maker advances its Chapter 11 bankruptcy process. The Ohio-based company, which makes filters, brakes and lighting systems, filed for bankruptcy protection in late […]
UnitedHealth says it is under a federal investigation and cooperating
Shares of UnitedHealth Group slipped Thursday after the health care giant said it was under a Department of Justice investigation. The company said it has started complying with both criminal and civil requests from federal investigators and it was cooperating with them. “(UnitedHealth) has a long record of responsible conduct and effective compliance,” the company […]
