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Powell responds to White House on Fed headquarters renovation Jul 17, 2025 05:49PM

(Reuters) -Federal Reserve Chair Jerome Powell on Thursday responded to a Trump administration official's demands for information about cost overruns for a renovation project at the central bank's Washington headquarters campus, saying the project was large in scope and involved a number of safety upgrades and hazardous materials removals.

"As explained on the Board's public website, we take seriously the responsibility to be good stewards of public... (continue reading...)


Cyprus leaders to continue discussions on confidence building, says UN Jul 17, 2025 05:45PM

(Reuters) -Leaders of ethnically split Cyprus have agreed to continue discussions towards confidence building, U.N. Secretary General Antonio Guterres said on Thursday, in a dispute which has kept NATO partners Greece and Turkey at odds for decades.

The Greek and Turkish Cypriot communities will press ahead with attempts to open new crossing points between the two sides and cooperating on solar energy initiatives, Guterres said after hosting the Cypriot... (continue reading...)


Trump nominates two lawyers to seal Republican control of US labor board Jul 17, 2025 05:41PM

By Daniel Wiessner

(Reuters) -President Donald Trump has moved to install a Republican majority at the federal board that hears private-sector labor disputes and oversees union elections, which has been paralyzed by his unprecedented firing of a Democratic member.

The White House sent the nominations of Scott Mayer, chief labor counsel at Boeing Co, and James Murphy, a career lawyer at the National Labor Relations Board, to the U.S. Senate on... (continue reading...)


FTC reverses order barring John Hess from Chevron board Jul 17, 2025 05:38PM

WASHINGTON (Reuters) -The U.S. Federal Trade Commission on Thursday reversed a previous order that had barred Hess Corp CEO John Hess from the board of directors at Chevron as a condition of the oil giant's pending $53 billion acquisition of his company.

(Reporting by Jody Godoy; editing by Susan Heavey)


Medical device software developer Heartflow files for US IPO Jul 17, 2025 05:34PM

(Reuters) -Heartflow, an artificial intelligence-based medical device software developer, filed for an initial public offering in the United States on Thursday.

The U.S. IPO market is witnessing a renewed vigor as investors return following months of sluggish activity triggered by trade policy uncertainty under President Donald Trump, earlier this year.

Heartflow will list on the Nasdaq under the symbol "HTFL".

J.P. Morgan,... (continue reading...)


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