Last year, the French government blocked a deal to import liquefied natural gas from the United States because of concerns around emissions of methane, a potent heat-trapping gas.
This year, a dispute over intellectual property rights between two South Korean battery manufacturers threatened to disrupt plans to expand electric vehicle manufacturing in the United States.
Like JPMorgan Chase and Wells Fargo, which reported first-quarter results on Wednesday, both banks were aided by the release of the cash cushions they had set aside during the economic downturn last year to absorb potential losses.
Low interest rates, which have been a central feature of the Federal Reserve’s efforts to shore up the economy, dogged both companies.
At Bank of America, investment-banking fees for advising corporations on deals hit a record $2.2 billion, a 62 percent rise, thanks partly to a doubling of activity in stock underwriting deals, including initial public offerings.
As part of its earnings release, Citi announced that would exit the consumer market in 13 countries in Asia and Europe, including Australia, China, India, and Russia, reflecting a desire to focus on the bank’s more profitable geographies.
“Section 230 may have protected them before, but it will not protect them from me,” Mr. O’Keefe said, referring to a legal liability shield for social media.
government reported that jobless claims fell last week to their lowest level of the pandemic, and the latest data on retail sales blew past expectations.
Executives at Bank of America and Citigroup both joined their counterparts at other large financial firms in sounding an optimistic tone about the outlook for the economy.
And Delta reported that it has stemmed daily operating losses, a sign that its planes are fuller and fares are returning to more normal levels.
Powell, the chair of the Federal Reserve, reiterated the central bank’s intention of keeping monetary policy accommodative for a long time.
As popular shows were taken off the air — including Friday’s episode of “EastEnders,” a soap opera that has run since 1985, and the final episode of “MasterChef,” a cooking competition show — the BBC was flooded with expressions of displeasure.
As Britain’s public broadcaster, the BBC has a pre-eminent position in British media, and its funding from the public via a license fee puts it in a difficult position.
Too little coverage of tributes to the duke and the BBC would have run the risk of not showing proper respect for his life.
Channel 4 had special programming but then offered viewers a respite by airing a popular show, “Gogglebox,” which shows people watching TV, at 9 in the evening.
Shares started trading on the Nasdaq under the symbol TSP at $40 each around noon, but quickly fell as much as 19 percent before recovering those losses by the time the market closed.
TuSimple and other companies working on autonomous vehicles believe that long-haul trucks are particularly suited for self-driving technology.
TuSimple’s self-driving technology relies on several sensors but is centered on long-range cameras, which it says can map objects within five centimeters of accuracy and see as far as 1,000 meters.
The company, which is testing its technology with safety drivers on roads in the Southwest, said it aims to start making fully autonomous trips on highways by 2024 through a partnership with Navistar, the truck manufacturer.
The airline said it stemmed daily operating losses last month, a sign that its planes are fuller and fares are returning to more normal levels.
The airline said ticket sales for domestic flights had recovered to 85 percent of 2019 levels, though lucrative corporate and international travelers have yet to come back in meaningful numbers.
The rebound in March sales shows how, a year after the nation’s economy locked down to prevent the spread of the virus, consumer spending remains highly dependent on government support.
President Biden’s $1.9 trillion American Rescue Plan, which was signed into law last month, provides direct payments of $1,400 to lower-income Americans.
Economists at Morgan Stanley had predicted that core retail sales would jump 6.5 percent in March, driven by the stimulus checks that started arriving in people’s bank accounts around March 17.
More broadly, American consumers are also feeling increasingly optimistic as more people become vaccinated and venture out more frequently.
Heavy trading volume greeted the highly anticipated market debut of Coinbase on Wednesday, which ended the day worth some $86 billion.
Other investors who stand to collect big paper profits — if they held on to their shares — include the National Basketball Association star Kevin Durant, the rapper Nas and Alexis Ohanian, a co-founder of Reddit.
“There’s so much innovation happening in the crypto ecosystem, and we can’t possibly do it all in-house.” But the listing also brings more scrutiny of the company’s internal culture, which has included accusations of unfair treatment of Black and female employees and poor customer service.
The tech investor Ron Conway called Coinbase “the Google for the crypto economy.” As crypto goes mainstream, others with similarly big ambitions may follow Coinbase onto the public markets, including rival markets like Binance, the biggest crypto exchange, and Gemini, the company founded by the Winklevoss twins.
Here’s Mr. Armstrong’s original Hacker News post from March 2012 looking for a co-founder for his crypto venture, which drew dismissive comments like, “Because bitcoin worked out so well.
Reuters.com attracts 41 million unique visitors a month.
Reuters will roll out new sections on its website for subscribers in coming weeks that include coverage of legal news, sustainable business, energy, health care and the auto industry.
Ms. Galloni, who will be the first woman to helm the news agency in its history, starts her new role on Monday.
Stephanie Otway, a Facebook spokeswoman, said Instagram was in the early stages of developing a service for children as part of an effort to keep those under 13 off its main platform.
Ms. Otway said that the company would not show ads in any Instagram product developed for children younger than 13, and that it planned to consult with experts on children’s health and safety on the project.