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
Yellen to meet with Jamie Dimon and other bank CEOs on Thursday as debt ceiling crisis looms
With time running out to reach a deal on the debt ceiling, Treasury Secretary Janet Yellen plans to meet with bank CEOs on Thursday afternoon in Washington, sources tell CNN.
2023-05-17 00:15
Elon Musk said he must approve all hiring decisions at Tesla
Tesla Inc CEO Elon Musk has said that the company can make no new hires unless he personally approves them, according to a copy of the email seen by Reuters.
2023-05-16 22:53
Biden and McCarthy slated to meet again Tuesday to discuss raising the nation's borrowing limit
Anyone looking for clues at how talks to raise the nation's borrowing limit and avoid a historic default are progressing between President Joe Biden and congressional Republicans might be confused ahead of a high-stakes meeting at the White House on Tuesday.
2023-05-16 22:21
Retail spending rebounded in April
Spending at US retailers rose in April following two months of declines, showing the US consumer is still fueling the economy.
2023-05-16 20:51
Millennial Money: What’s concierge medicine? Is it worth it?
Concierge medicine, a business model in which patients pay a membership fee to have a direct relationship with a doctor — used to feel like something just for the well-to-do
2023-05-16 20:47
Wall Street's 'fear gauge' is rising as US debt talks drag on
The United States government is inching closer to its so-called debt ceiling X-date, when the Treasury could run out of cash and extraordinary measures to pay all government obligations, and both political parties remain at odds with no concrete solution to avoid a default.
2023-05-16 20:29
Shoppers are pulling back at Home Depot
Consumers are taking on smaller home improvement projects as higher interest rates and inflation take their toll.
2023-05-16 19:55