WASHINGTON (Reuters) -The U.S. Senate Finance Committee is planning a Jan. 16 hearing on President-elect Donald Trump's nominee to lead the U.S. Treasury Department, Scott Bessent, Politico reported on Thursday, citing three unnamed sources familiar with the panel's plans. Amanda Critchfield, a spokesperson for the Finance Committee's new Republican chair, Senator Mike Crapo, said a hearing date has not been...

Novavax Inc ( NVAX ) shares dipped 11.2% to $9.60 during Wednesday’s session, pulling back following recent strength. Shares of vaccine makers are volatile this week after the first bird flu death was reported in the U.S. Additionally, a recent CDC report noted an increase in acute respiratory illness activity. What To Know: As a company specializing in vaccine development,...

PARIS (Reuters) - Nissan Motor Co Ltd is open to pooling with other carmakers in order to reach its CO2 targets in 2025, a spokesperson for the Japanese carmaker in Europe said to Reuters on Thursday. Nissan is fully committed to an electrified future in Europe, she said. 2025 is challenging, given current overall market conditions, and regulatory changes. Therefore...

(Reuters) - BlackRock, the world's biggest asset manager, said on Thursday it will leave the Net Zero Asset Managers initiative, Wall Street's latest environmental step-back amid antitrust concerns raised by Republican politicians. BlackRock, which manages some $11.5 trillion, said that with two-thirds of its global clients committed to cutting emissions to net zero, it had made sense to join groups...