Beijing police launch investigation into troubled wealth manager Zhongzhi
SHANGHAI Beijing police are investigating suspected crimes committed by Zhongzhi Enterprise Group, a leading Chinese wealth manager, according
2023-11-25 22:54
China wealth manager Zhongzhi flags insolvency, liabilities of $64 billion
BEIJING (Reuters) -China's Zhongzhi Enterprise Group told investors it is heavily insolvent with liabilities of up to $64 billion, more
2023-11-23 12:29
US offshore wind writedowns seen soaring with Orsted earnings
By Scott DiSavino European energy companies, including Denmark's Orsted, will likely write down more of their U.S. offshore
2023-11-01 02:23
Dow quarterly profit beats estimates on higher product prices
Dow Inc beat Wall Street estimates for third-quarter profit on Tuesday, as the chemicals maker benefited from higher
2023-10-24 18:17
Moody's warns it could downgrade Israel's credit rating because of war with Hamas
Moody's Investors Service warned Thursday it could downgrade Israel's credit rating due to the severity of the military conflict with Hamas.
2023-10-20 05:52
Costco's longtime CEO steps down
Longtime Costco chief executive Craig Jelinek will step down at the end of the year, the company said Wednesday.
2023-10-19 21:48
LVMH shares plunge after luxury giant reveals sharp slowdown in sales growth
Shares of LVMH fell as much as 8% Wednesday after the luxury goods conglomerate said revenue growth in the third quarter was much slower than in the first half of the year.
2023-10-11 20:19
McCarthy's ouster could hurt the US economy
The fights between Washington lawmakers have become increasingly vicious even when the stakes could not be higher. Squabbles on the Hill have consequences, and the latest may lead to another credit downgrade that could seriously damage the US economy.
2023-10-04 09:24
Corporate America praises the 'adults' who averted a government shutdown
Corporate America is breathing a sigh of relief after lawmakers narrowly avoided a chaotic shutdown of the federal government.
2023-10-02 23:16
US House leader McCarthy to test his Republican majority with funding vote-source
By David Morgan and Makini Brice WASHINGTON The U.S. government looked all but certain to enter a partial
2023-09-30 23:19
Factbox-U.S. economic data set to be affected by a gov't shutdown
A partial shutdown of the U.S. federal government due to lack of appropriations could begin on Oct. 1
2023-09-30 01:59
Janet Yellen warns shutdown would be 'dangerous and unnecessary'
Treasury Secretary Janet Yellen will warn Congress in a speech later Friday morning that a government shutdown would be "dangerous and unnecessary" because it would undermine the American economy and disrupt key government functions.
2023-09-29 23:24