What caused regional banks to fail? Senators blame excessive CEO pay
US senators hammered former executives of recently collapsed Silicon Valley Bank and Signature Bank on Tuesday over their paychecks, sales of stock and bonus payouts as the financial institutions struggled to stay afloat.
2023-05-17 19:58
Target's sales are slowing down
Shoppers are pulling back at Target.
2023-05-17 19:22
Stellantis says UK car factories will close if Brexit deal isn't changed
British car factories will be forced to close with the loss of thousands of jobs if the government does not renegotiate its Brexit trade deal immediately, automaker Stellantis warned on Wednesday.
2023-05-17 17:46
Australian gold miner Newcrest backs Newmont's $17.8 billion offer
Australian gold miner Newcrest Mining said on Monday it would back Newmont A$26.2 billion ($17.8 billion) takeover offer in one of the world's largest buyouts so far this year.
2023-05-17 13:50
How the debt ceiling showdown could play into China's hands and weaken US global power
President Joe Biden's pledge to the world that "America is back" after a period of political turbulence is looking a little shaky after a debt showdown with Republicans forced him to shorten an Asia-Pacific trip designed to showcase US power amid a challenge from China.
2023-05-17 12:18
Elon Musk claims George Soros 'hates humanity.' The ADL says Musk's attacks 'will embolden extremists'
Elon Musk launched a baseless Twitter attack on George Soros, a frequent target for antisemitic conspiracy theories, accusing the financier of hating humanity days after Soros disclosed having sold off a modest stake in Tesla.
2023-05-17 08:29
Tesla will advertise for the first time
You're about to see a lot more about Tesla.
2023-05-17 07:59
Failed bank execs see blame everywhere, except in the mirror
More than two months after the collapse of Silicon Valley Bank and Signature Bank triggered a financial earthquake, three former executives spoke publicly for the first time in testimony before a Senate committee Tuesday.
2023-05-17 06:19
Hertz apologizes after refusing rental to Puerto Rican
Hertz has apologized to a Puerto Rican customer after one of its employees refused to rent him a car he had paid for in advance because he did not show her his passport.
2023-05-17 05:21
Disney asks judge to dismiss DeSantis-appointed board's lawsuit in latest tit-for-tat
Disney is asking a state judge to dismiss a lawsuit filed by a governing board appointed by Gov. Ron DeSantis to oversee Disney World
2023-05-17 03:51
Biden cancels visits to Australia and Papua New Guinea as debt ceiling negotiations continue
President Joe Biden is canceling his upcoming visits to Papua New Guinea and Australia due to the ongoing debt ceiling negotiations in Washington, an administration official told CNN.
2023-05-17 03:46
First strippers' union in a decade is expected to form this week
The owners of Star Garden Topless Dive Bar in North Hollywood expect to recognize and negotiate with a union of strippers who had been dismissed from the club in March 2022, when they protested for safe working conditions and picketed outside for months.
2023-05-17 01:29