(Reuters) -The private equity owner of Northwind Midstream is exploring a potential sale of the Permian Basin gas infrastructure operator, with any deal expected to value the company at around $2 billion including debt, people familiar with the matter said. Five Point Infrastructure is working with investment bankers at Piper Sandler ( PIPR ) on the sale effort, which is...

BofA Securities analyst Ebrahim H. Poonawala on Monday noted bank stocks have staged a significant rebound versus April lows, led by global systemically important banks (G-SIBs), money center, investment banks and trust banks. It is unclear to Poonawala whether customer activity during the second half of 2025 will match the optimistic expectations from pre-tariff days, but bank stock performance in...

02:44 PM EDT, 05/19/2025 (MT Newswires) -- General Motors ( GM ) is aiming to reverse the electric vehicle mandate in California, which would ban the sale of new gasoline-powered vehicles by 2035, the Wall Street Journal reported Saturday. The automaker has asked employees to lobby senators to repeal the California measure, the Journal reported, citing an email sent by...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...