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Billionaires bombard U.S. presidential campaign with hundreds of millions in cash
By Ginger Gibson, Grant Smith and Jason Lange WASHINGTON (Reuters) – Two billionaire Democratic presidential hopefuls, Michael Bloomberg and Tom Steyer, collectively spent about $389 million last year on their campaigns, more than the rest of the remaining Democratic field combined, according to disclosures filed on Friday. Bloomberg launched his campaign in November and spent […]
Senate passes $2 trillion bill for ‘strange and evil’ coronavirus crisis
By Richard Cowan, David Morgan and Patricia Zengerle WASHINGTON (Reuters) – The U.S. Senate on Wednesday unanimously backed a $2 trillion bill aimed at helping unemployed workers and industries hurt by the coronavirus epidemic, as well as providing billions of dollars to buy urgently needed medical equipment. After bitter negotiations, the deeply divided Senate came […]
Freeport CEO ‘looking forward’ to deals once expansion projects done
By Ernest Scheyder (Reuters) – Freeport-McMoran Inc <FCX.N>, the world’s largest publicly traded copper producer, would consider acquisitions, mergers or other deals once three ongoing expansion projects finish by 2022, Chief Executive Richard Adkerson said in an interview on Tuesday. Demand for copper is projected to surge this decade because of the rising popularity of […]