Stokes vows to break deadlock over major Waterloo housing revamp

Mr Stokes said the council’s decision would “only prolong the stalemate” and further delay the strategically important project. He has written to Housing Minister Melinda Pavey and Sydney lord mayor Clover Moore to demand that they work to break the deadlock by March 12. And he warned that he will appoint Jim Betts, secretary of […]

Oil Search boss vows ‘discipline’ even as crude rallies

“The company took decisive action to ensure that we limited discretionary spend, enhanced our liquidity, right-sized the organisation and materially reduced our operating cost base and break-even for new and existing projects,” Dr Wulff said. Loading However, as Brent oil rises back above $US60 a barrel and the company prepares to return to growth with […]

Brewers catcher Narvaez vows to find batting prowess once again

Milwaukee Brewers catcher Omar Narváez refuses to blame his hitting struggles last year on the unusual circumstances of the pandemic-delayed 2020 season. “Everything got out of control,” Narváez said Sunday from the Brewers’ spring training complex in Phoenix. “To me, it feels like there’s no excuses. It was a short season. Everyone talks about that. […]

Schumer vows impeachment won’t slow down coronavirus package

Senate Majority Leader Chuck Schumer said Tuesday that Democrats won’t allow the impeachment of former President Donald Trump to slow momentum for their massive new coronavirus economic-aid package. Meanwhile, on the House side of the U.S. Capitol, individual House committees began Tuesday laying out the details of the package under their individual jurisdictions, a process […]

Yellen meets with regulators over GameStop volatility, vows to protect investors

Treasury Secretary Janet Yellen convened a meeting with the nation’s top regulators Thursday, who are continuing to review whether recent volatility in popular, so-called meme stocks, and brokers’ responses to it, “are consistent with investor protection and fair and efficient markets,” according to a Treasury Department statement. Yellen met with the heads of the Securities […]

SEC vows to punish ‘abusive activity’ amid GameStop, Robinhood drama

The Securities and Exchange Commission said in a statement Friday morning that it is “closely monitoring the extreme price volatility of certain stocks trading prices” in recent days and that it stands ready to take aggressive enforcement action if market manipulation is found to have taken place. The statement comes amid great public interest in […]

Biden’s White House press secretary vows to rebuild trust, return ‘truth and transparency’

White House press secretary Jen Psaki vowed Wednesday to rebuild trust with Americans and stressed the importance of “truth and transparency,” as she opened her first briefing of the Biden administration. Psaki met with reporters in the White House briefing room just hours after President Joe Biden was inaugurated, and took questions and reviewed executive […]

Biden inaugural address calls for unity as he vows to rebuild economy and defeat virus

President Joe Biden on Wednesday called on Americans to unify two weeks after a deadly riot rocked the U.S. Capitol, as he pledged in his inaugural address to combat the coronavirus and rebuild the U.S. economy.    Biden, 78 years old, is taking the reins of the presidency at a perilous time for the U.S. […]

Biden vows swift action on vaccine sites, supplies; 100 million shots

Credit: Unsplash/CC0 Public Domain President-elect Joe Biden said Friday his administration will add clinics, bolster the public health workforce and invoke a wartime production law to ensure adequate vaccine supplies in order for Americans to get 100 million COVID-19 shots in the first 100 days of his administration. In his first detailed discussion of his […]

Cisco vows to go to court after Acacia tries to cancel $2.6 billion merger

Cisco Systems Inc.’s proposed $2.6 billion merger with Acacia Communications Inc. could be destined for court after Acacia announced Friday that it was terminating the agreement on grounds that Cisco disputes. Acacia ACIA, +9.87% disclosed Friday morning that it plans to terminate its merger arrangement with Cisco CSCO, +0.22% because the deal had yet to […]