By Stephanie Kelly and Jarrett Renshaw NEW YORK (Reuters) – The American Petroleum Institute trade group on Monday pressed for a nationwide policy on higher-ethanol blends of gasoline after the President Donald Trump’s administration said on Friday it would move ahead with expanded sales of the product in certain Midwestern states. The U.S. Environmental Protection…
By David Lawder WASHINGTON (Reuters) – The U.S. Trade Representative’s office has proposed charging up to $1.5 million for Chinese-built vessels entering U.S. ports as part of its investigation into China’s growing domination of the global shipbuilding, maritime and logistics sectors. USTR said in a January 16 report on a probe launched during the administration…
By Dietrich Knauth NEW YORK (Reuters) – Crafts retailer Joann Inc plans to close all of its stores in bankruptcy, after failing to find a buyer willing to preserve some of the 82-year-old company’s 800 U.S. retail locations. The company plans to sell all its assets to a buyer group that includes its lenders and…
(Reuters) – JPMorgan Chase said on Monday it was setting aside another $50 billion for its direct lending push, as the Wall Street giant looks to expand its foothold in the rapidly growing private credit market. Traditional lenders such as JPMorgan, Citigroup, and Wells Fargo are rushing to grab a bigger slice of the booming…
