By Alexandra Alper and David Ljunggren
WASHINGTON (Reuters) - The White House on Monday gave a Chinese-linked company and its partners 120 days to sell property they had bought near a U.S. Air Force base in Wyoming that is home to part of the U.S. nuclear arsenal, citing fears of spying.
The move comes as the United States has become increasingly concerned about the national security risks posed by Chinese-led purchases of American... (continue reading...)
(Reuters) - JPMorgan Chase on Monday pushed back against recommendations made by proxy advisor Institutional Shareholder Services (ISS) on a shareholder proposal on severance payouts and the independent board chairman.
ISS had supported the proposal that two separate people hold the office of the chairman and the office of the CEO, both roles currently held by Jamie Dimon.
JPM said in a regulatory filing "this fails to match the... (continue reading...)
By Humeyra Pamuk
WASHINGTON (Reuters) - The Biden administration does not see it likely or possible that Israel will achieve "total victory" in defeating Hamas in the Palestinian enclave of Gaza, U.S. Deputy Secretary of State Kurt Campbell said on Monday.
While U.S. officials have urged Israel to help devise a clear plan for the governance post-war Gaza, Campbell's comments are the clearest to date from a top U.S. official effectively... (continue reading...)
By Michael S. Derby
(Reuters) - The Federal Reserve needs to rethink how it provides swift liquidity to banks, a report from the Federal Reserve Bank of New York said on Monday.
That’s because despite many years of trying to reform the discount window, the long-standing stigma around this facility “has clearly become deeply engrained among practitioners and it may be impossible to change that norm,” wrote economists Olivier... (continue reading...)
CANNES (Reuters) - Cannes Film Festival director Thierry Fremaux lamented on Monday an increased focus in recent years on political and social issues in the movie industry, which he said came at the expense of the actual films.
"In the past, people only talked about the cinema. We as organizers only had one anxiety - the films: will people like them, will people hate them?" Fremaux said at a news conference with journalists on Monday.
... (continue reading...)More Reuters
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