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Top Democrat stands behind FDIC chief
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Waters backs FDIC chair after scathing report Rep. Maxine Waters (Calif.), top Democrat on the House Financial Services Committee, ...The Hill - Politics -
Norfolk Southern Chief Survives Activist's Push to Oust Him
The activist investor, Ancora Holdings, did score a partial victory, as shareholders voted to replace three members of the company’s 13-person board.The Wall Street Journal - Business -
Biden’s Labor chief calls FDIC revelations ‘clearly horrific’
Acting Secretary of Labor Julie Su described revelations stemming from a probe into allegations of sexual harassment and discrimination at a top bank regulator as “clearly horrific” at a hearing on Thursday. During tense questioning by Sen. John ...The Hill - Politics - Joe Biden -
‘No alternative’: EU climate chief urges MEPs not to use crisis as political tool
Exclusive: Wopke Hoekstra says EU must press ahead with cutting greenhouse gases and use policy to bring about economic benefits. Europe’s climate chief has warned against politicians trying to use the climate crisis as a wedge issue in the ...The Guardian - World - Climate -
Graham says he trusts Israel more than Pentagon chief
Sen. Lindsey Graham (R-S.C.) said he trusts Israel more than Defense Secretary Lloyd Austin, as the Biden administration warns it will stop sending weapons to Israel if it invades Rafah. “Number one, I trust Israel more than I trust Austin. He ...The Hill - Politics - Israel -
Ford Names Former Lucid CFO Sherry House as Next Finance Chief
The newly appointed executive will move into the role in early 2025, succeeding John Lawler who is set to become vice chair.The Wall Street Journal - World -
Houston mayor says police chief is out amid probe into thousands of dropped cases
Houston’s mayor has replaced the city’s police chief, saying Wednesday it was the best thing for a law enforcement agency that’s still under intense scrutiny over why hundreds of thousands of cases were never investigated, including more than ...NBC News - Top stories -
Russia-Ukraine war live: Zelenskiy replaces special operations chief for second time in six months
Move comes after deputy prime minister and agriculture minister dismissed by government. South Korea’s position remains it will not supply lethal weapons to any country, president Yoon Suk Yeol said on Thursday, when asked if Seoul was prepared to ...The Guardian - World - Ukraine -
Tesla’s product-launch chief quits — and takes a swipe at Elon Musk on his way out the door
Rich Otto said morale has been crushed by recent layoffs and harmony is out of balance.MarketWatch - Business - Elon Musk -
Japan defense chief urges higher security after drone video of warship posted on China social media
Japan’s defense chief has called for the bolstering of its anti-drone capability after a drone footage posted on a Chinese social media site showed a Japanese aircraft carrier docked at a restricted navy port west of TokyoABC News - World - China -
Ford names ex-Lucid Motors exec as next CFO, promotes current chief
Ford named the former CFO of electric-vehicle startup Lucid to replace its current CFO, who is being promoted to closely oversee the company's turnaround plan.CNBC - Business -
Calls for accountability intensify after Houston police chief retires amid scandal over dropped cases
For months, a police accountability group in Houston demaded that Finner resign after it was revealed that thousands of cases, including for serious offenses such as sexual assault, were inexplicably dropped over the years.NBC News - Top stories -
Police officer shot in leg with crossbow
An officer is shot with a crossbow and a man is stabbed in a "serious assault and weapons incident".BBC News - Top stories -
Mexico Prepares for Trump’s Potential Return to Office
Mexican officials and aides are planning for a drastic shift in U.S. relations should Donald Trump win in November.The New York Times - World - Donald Trump -