WASHINGTON—The White House plans to host the chief executives of major U.S. companies including auto and tech sector firms on Wednesday to discuss President Joe Biden’s signature $1.75 trillion Build Back Better legislation. General Motors CEO Mary Barra, Ford Motor CEO Jim Farley, Salesforce co-CEO Marc Benioff, Microsoft President Brad Smith, Etsy CEO Josh Silverman,…
White House to Host GM, Ford Among CEOs at Meeting on Spending Push
Wall Street Opens Higher Ahead of Fed Announcement
Wall Street’s main indexes opened higher on Wednesday after two sessions of turbulent trading, supported by a stellar outlook from Microsoft and ahead of a Federal Reserve policy meeting announcement for cues on its plans to curb inflation. The Dow Jones Industrial Average rose 223.09 points, or 0.65 percent, at the open to 34,520.82. The…
Buffett Plans In-Person Berkshire Annual Meeting as Omicron Wave Crests
Warren Buffett’s Berkshire Hathaway Inc. plans this year to let shareholders attend the company’s annual meeting for the first time in three years, amid signs the Omicron wave may have peaked in the United States. In a statement on Tuesday, the Omaha, Nebraska-based conglomerate said “we are planning for an in-person meeting” on April 30,…
Dollar Rises on Ukraine Crisis as Investors Await Fed Meeting
The dollar rose to a two-week peak on Tuesday as tensions between Russia and the West over Ukraine drew investors to safe-haven currencies while awaiting the outcome of this week’s U.S. Federal Reserve policy meeting. Russia said it was watching with great concern after the United States put 8,500 troops on alert to deploy to…
World Shares Mixed Ahead of Fed Meeting
TOKYO—European stocks opened higher Tuesday after a day of steep losses in Asia as markets waited to hear from Federal Reserve chair Jerome Powell after a two-day policy meeting that ends Wednesday. The possibility of conflict between Russia and Ukraine and concern over coronavirus outbreaks also were adding to uncertainties. France’s CAC 40 edged up…
World Shares Mostly Lower Ahead of Federal Reserve Meeting
BANGKOK—Shares were mostly lower in Europe and Asia on Monday after Wall Street logged its worst week since the pandemic began in 2020. Shares fell in Paris, London, and Frankfurt but rose in Tokyo. Shanghai was little changed. Investors have been growing increasingly worried about how aggressively the Federal Reserve, which holds a policy meeting…
White House Will Meet Executives From Apple, Amazon, IBM to Discuss Software Security
The White House will meet executives from leading tech firms, including Alphabet-owned Google, Apple Inc., and Amazon.com Inc., on Thursday to discuss software security after the United States suffered several major cyberattacks last year. In December, White House National Security Advisor Jake Sullivan sent a letter to chief executives of tech firms after the discovery…
Russia-NATO Council Concludes High-Profile Talks Aimed at Restoring Border Issues
A Russian delegation met with members of the North Atlantic Treaty Organization (NATO) in Brussels on Wednesday to discuss security proposals amid Western concerns that Moscow may be planning to invade Ukraine. The first Russia-NATO Council (RNC) meeting since July 2019 ended with the conclusion that there are significant differences between NATO and Russia that “will…
Russia-NATO Council Concludes High-Profile Talks Aimed at Resolving Border Issues
A Russian delegation met with members of the North Atlantic Treaty Organization (NATO) in Brussels on Jan. 12 to discuss security proposals amid Western concerns that Moscow may be planning to invade Ukraine. The first Russia-NATO Council (RNC) meeting since July 2019 ended with the conclusion that there are significant differences between NATO and Russia…
Oil Prices Steady Ahead of OPEC+ Meeting
LONDON—Oil prices were largely steady on Tuesday as investors expected major producers to agree to stick to their planned output increase at their meeting later in the day amid diminishing concerns over the spread of the Omicron variant of COVID-19. Brent crude was up 22 cents, or 0.3 percent, at $79.20 a barrel at 0939…
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