WASHINGTON (Reuters) - The potential next head of a U.S. banking regulator laid out a sweeping plan on Friday to adopt a lighter touch on the banking industry on matters ranging from capital to cryptocurrency. Travis Hill, the vice chair of the Federal Deposit Insurance Corporation, said in prepared remarks the FDIC needs a new direction, which he expects will...

10:35 AM EST, 01/10/2025 (MT Newswires) -- Ivanhoe Mines ( IVPAF ) on Friday said it has launched a US$600 million offering of unsecured senior notes due 2030 that will be guaranteed on a senior basis. The company also signed a US$120 million revolving credit facility agreement with the guarantors and lenders. Proceeds from the notes offering will be used...

WASHINGTON, Jan 10 (Reuters) - Tesla said on Friday it is recalling about 239,000 vehicles in the United States because rear-view cameras may fail to work. The development comes days after the National Highway Traffic Safety Administration opened a probe into 2.6 million Tesla vehicles in the U.S. over reports of crashes involving a feature that allows users to move...

10:39 AM EST, 01/10/2025 (MT Newswires) -- Astronics ( ATRO ) reported preliminary unaudited Q4 2024 revenue Friday of between $208 million and $210 million, exceeding the top end of its guidance range, reflecting a 7% year-over-year growth at the mid point. Analysts polled by FactSet estimate Q4 revenue of $194.9 million. The company also projected preliminary 2025 revenue of...