More Wall Street firms settle US SEC charges over record-keeping
WASHINGTON (Reuters) – Wall Street firms including Blackstone (NYSE:BX), Apollo Capital Management and Carlyle have agreed to pay more than $63 million for violating U.S. Securities and Exchange Commission rules over record-keeping, the regulator said on Monday. The investment advisers and
Exclusive-Investor climate group suspends activities after BlackRock exit
By Simon Jessop and Ross Kerber LONDON/BOSTON (Reuters) -A flagship coalition aimed at aligning the asset management industry with global climate goals said it was suspending its activities on Monday, days after BlackRock (NYSE:BLK), the world’s biggest investor, left amid a
Exclusive-Trump eyes Washington trade lawyer for key China post at Commerce Dept
By Karen Freifeld (Reuters) – President-elect Donald Trump is considering Washington trade lawyer Jeffrey Kessler to lead the U.S. Commerce Department’s Bureau of Industry and Security (BIS), according to people familiar with the matter, a key post in the U.S.-China tech
Amazon orders 200 new electric heavy trucks from Daimler for Germany, UK
By Nick Carey (Reuters) – Amazon (NASDAQ:AMZN) said on Tuesday it has ordered 200 Mercedes-Benz (OTC:MBGAF) fully-electric eActros 600 heavy goods vehicles from Daimler to serve the German and UK markets in its largest electric truck order so far. The e-commerce giant
Cleveland-Cliffs eyeing all-cash bid for U.S. Steel, source says
By Anirban Sen, Alexandra Alper and David Shepardson (Reuters) -Cleveland-Cliffs is partnering with peer Nucor (NYSE:NUE) to prepare a potential all-cash bid for U.S. Steel, with an offer in the high $30s per share, a person familiar with the