Reuters

By Curtis Williams

HOUSTON (Reuters) -The lead contractor building a Texas liquefied natural gas (LNG) plant for QatarEnergy and Exxon Mobil on Tuesday filed for Chapter 11 bankruptcy protection, citing challenges at the project.

Zachry Holdings, which held the lion's share of the $10 billion construction project called Golden Pass LNG, said it was pursuing a "structured exit." Exxon said it would review construction timing and provide an... (continue reading...)

(Reuters) - Heavy equipment company Caterpillar has agreed to pay $800,000 to resolve allegations of systemic hiring discrimination against Black applicants at an Illinois plant, the U.S. Labor Department said on Tuesday.

The money will cover back wages and interest to affected job applicants, and Caterpillar will offer jobs to 34 people the department deems are eligible to apply, the agency said in a statement.

"The company also agreed... (continue reading...)

(Reuters) - The Ukrainian military said on Tuesday it destroyed the last Russian warship armed with cruise missiles that was stationed on the Moscow-occupied peninsula of Crimea during an operation over the weekend.

Ukraine's military reported conducting a long-range attack that destroyed a Russian minesweeping navy vessel on Sunday and said it needed more time to confirm what else had been damaged.

"According to updated... (continue reading...)

WASHINGTON (Reuters) - U.S. Secretary of State Antony Blinken on Tuesday said the Biden administration would be happy to work with Congress to formulate an appropriate response to the International Criminal Court prosecutor seeking to issue arrest warrants on Israeli leaders over the Gaza war.

Speaking at a Senate Foreign Relations Committee hearing, Blinken called the move "a profoundly wrong-headed" decision which would complicate the prospects of... (continue reading...)

WASHINGTON (Reuters) - The White House believes the U.S. Federal Deposit Insurance Corp needs a "fresh start" with a new Chair that has not been part of the leadership structure, a White House official said.

"Within the White House there is a belief that the FDIC needs a fresh start with a new chair that has not been part of the leadership structure because many of these issues have continued at the agency for a long period of time," a White House... (continue reading...)