| | | Dudley broke code of conduct in Wells disclosure misstep: NY Fed | | | NEW YORK (Reuters) - William Dudley, a tough-talking U.S. regulator who heads the Federal Reserve Bank of New York, violated a code of conduct by failing to disclose that his half-sister was an employee at Wells Fargo & Co , according to an investigation into potential conflicts of interest. |
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| | | Nine years on, another Lehman Brothers bankruptcy | | | WILMINGTON, Del (Reuters) - Two affiliates of Lehman Brothers, the U.S. investment bank that collapsed in 2008 and fueled an economic crisis, filed for Chapter 11 bankruptcy late on Thursday, a reminder of the complexity of unwinding a global financial institution. |
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| | | Harvey's wake tempers bullish outlook for U.S. oil output growth | | | HOUSTON (Reuters) - Damage and delays from Tropical Storm Harvey will hold the U.S. oil industry back from achieving a targeted 10 million barrels per day of production anytime soon, according to analysts, a setback in America's fight for global market share with OPEC. |
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| | | Automaker shares rise as Texans must replace drowned cars | | | DETROIT (Reuters) - Shares of the Big Three Detroit automakers rose on Friday despite lackluster August sales, with investors focusing on a likely surge in demand as residents of the U.S. Gulf Coast replace flood-damaged cars and trucks. |
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| | | U.S. gasoline in first slide since Harvey, oil under pressure | | | NEW YORK (Reuters) - Benchmark U.S. gasoline prices slid for the first day since Hurricane Harvey struck the U.S. oil industry heartland, as some refineries restarted operations, while oil prices remained under pressure and settled about flat. |
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