BUSINESS

The Ford name plate is seen on the interior of the Ford F-150 Lightning pickup truck during a press event in New York City, U.S., May 26, 2021.

Top Wall Street Firms, Ford To Disclose Directors' Race And Gender

Four top Wall Street firms and Ford Motor Co will start to disclose the race and gender of individual directors under deals reached with New York City pension officials, the city's comptroller, Brad Lander, said on Thursday, while a utility company has pushed back on the idea.
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A road sign directs traffic to Smithfield Foods' pork processing facilities in Smithfield, Virginia, U.S. October 17, 2019. Picture taken October 17, 2019.

Meatpackers Convinced Trump Officials To Keep Plants Running During COVID Crisis -U.S. House Report

Top U.S. meatpacking companies drafted the executive order issued by President Donald Trump in 2020 to keep meat plants running and convinced his administration to encourage workers to stay on the job at the height of the COVID-19 pandemic, according to a report https://coronavirus.house.gov/sites/democrats.coronavirus.house.gov/files/2022.5.12%20-%20SSCC%20report%20on%20Meatpacking%20FINAL.pdf released on Thursday by a U.S.
A stack of 100 Polish Zloty banknotes lays on top of various Swiss Franc notes in this picture illustration taken at a bank in Warsaw, July 18, 2011.

Swiss Release Some Frozen Russian Assets

The Swiss government on Thursday reported 6.3 billion Swiss francs ($6.33 billion) worth of Russian assets frozen under sanctions to punish Moscow's invasion of Ukraine, a drop from early April as around 3.4 billion francs in provisionally blocked assets were released.
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., January 26, 2022.

Wall Street Falls On Rate Hike Worries

Wall Street's main indexes fell in choppy trading on Thursday, weighed down by concerns that aggressive interest rate increases to curb decades-high inflation could tip the economy into recession.
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., January 26, 2022.

Wall Street Slides On Fears Of Prolonged Inflation

Wall Street gyrated before turning lower on Thursday as worries that inflation, while it might have peaked, will remain at elevated levels and could provoke increasingly aggressive policy tightening from the Federal Reserve.

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