Business

VIENNA (Reuters) – OPEC will seek agreement on Friday to raise oil production despite opposition from Iran, which has threatened to block the move as it faces export-crippling U.S. sanctions. FILE PHOTO: The logo of the Organization of the Petroleum Exporting Countries (OPEC) is seen at OPEC’s headquarters in Vienna, Austria June 19, 2018. REUTERS/Leonhard
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(Reuters) – Restoring the U.S. Export-Import Bank’s full lending powers is vital to the country’s economic growth and shrinking trade deficits, planemaker Boeing Co (BA.N) said on Wednesday after President Donald Trump nominated Kimberly Reed as the trade bank’s president. FILE PHOTO: The Boeing logo is seen at their headquarters in Chicago, in this April 24, 2013 file photo. REUTERS/Jim
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DETROIT (Reuters) – Ford Motor Co executives on Tuesday said the automaker will renovate and revamp Michigan Central Station, Detroit’s infamous blighted landmark, turning it into offices for up to 5,000 tech workers and software engineers focused on self-driving vehicles and ancillary technologies and services. FILE PHOTO: The Michigan Central Train depot sits vacant just
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(Reuters) – Theranos Inc founder Elizabeth Holmes and the embattled blood-testing company’s former president were indicted on charges that they engaged in schemes to defraud investors, doctors and patients, the U.S. Justice Department announced on Friday. The charges against Holmes, 34, and Ramesh “Sunny” Balwani, 53, were announced shortly after the privately held company said
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