China property giant Country Garden warns of up to $7.6bn loss
It is the latest signal of the major issues faced by the world's second largest economy.
2023-08-11 10:29
Writers Guild and studios set to resume negotiations on Friday
The Writers Guild of America and Hollywood studios have agreed to meet on Friday to resume negotiations after the union has been on strike for more than 100 days, a landmark labor action that has crippled the entertainment industry.
2023-08-11 06:47
Help is needed as wildfires ravage Hawaii. How to know your donation is going to a legitimate charity
If you're looking to donate money to help those affected by the wildfires in Hawaii -- or looking to support any charitable cause close to your heart — it's important to follow certain steps to ensure your money is going to the right place.
2023-08-11 05:54
US court rules no class action on Goldman Sachs crisis-era claims
By Jody Godoy (Reuters) -Goldman Sachs shareholders cannot go forward with a class action alleging the bank misled investors about
2023-08-11 05:16
Supreme Court blocks $6 billion Purdue Pharma opioid settlement and will hear case this fall
The Supreme Court on Thursday blocked Purdue Pharma from going forward with bankruptcy proceedings, which the Biden administration has called an "unprecedented" arrangement that would ultimately offer the Sackler family broad protection from opioid-related civil claims.
2023-08-11 04:46
Tutoring firm settles US agency's first bias lawsuit involving AI software
By Daniel Wiessner A China-based tutoring company has agreed to settle a U.S. government agency's novel lawsuit claiming
2023-08-11 04:28
X CEO Linda Yaccarino says company is still watching Threads competition
X CEO Linda Yaccarino, leader of the platform formerly known as Twitter, said the company is keeping an eye on new competitor Threads, despite the sharply slowing growth of the rival app from Meta.
2023-08-11 00:59
WeWork’s List of Ignominy Now Includes Highest-Profile SPAC Blowout
WeWork Inc. is already infamous for torching billions of Softbank Group Inc.’s cash. It’s been labeled a poster
2023-08-10 23:16
Credit card and car loan delinquencies pass pre-Covid levels as consumers get squeezed
More Americans are failing to make payments on their credit cards and auto loans, another sign of rising financial pressure on consumers.
2023-08-10 23:15
US inflation ticks higher in July on housing costs
The rate of price growth rose to 3.2% in July but analysts said the underlying picture showed progress.
2023-08-10 22:51
'BRICS bank' looks to local currencies as Russia sanctions bite
By Rachel Savage and Brenda Goh JOHANNESBURG/SHANGHAI Hobbled by the impact of sanctions against founding shareholder Russia, the
2023-08-10 22:28
Serial fraudster Mark Acklom freed from Spanish jail, court told
Mark Acklom was jailed in the UK for conning an ex-partner of £300k and then extradited to Spain.
2023-08-10 21:52