Citigroup CEO says IPO of Mexico unit is best for shareholders
NEW YORK Citigroup CEO Jane Fraser said scrapping the sale of its Mexican retail business, known as Banamex,
2023-06-03 00:24
Target Sheds $14 Billion in Value on Retail Uncertainty, LGBTQ Backlash
Target Corp. has erased almost $14 billion in market value since it reported earnings last month, and some
2023-06-02 23:51
Biden to address nation from Oval Office after avoiding catastrophic default
President Joe Biden will address the nation from the Oval Office on Friday evening -- his first time speaking to the country directly from that setting -- following congressional passage of a compromise measure that raises the federal borrowing limit and avoids a catastrophic default.
2023-06-02 23:24
Here's who would have to work for government benefits -- and who wouldn't -- under the debt ceiling package
Work requirements in two safety net programs for low-income Americans are set to change under the compromise debt ceiling package negotiated by President Joe Biden and House Speaker Kevin McCarthy.
2023-06-02 23:19
US farm agency to close damaged research building after worker complaint
By Leah Douglas WASHINGTON The U.S. Department of Agriculture will temporarily close a damaged laboratory building at its
2023-06-02 22:57
Crypto insurer Evertas authorized to offer largest single crypto insurance policy
By Gertrude Chavez-Dreyfuss NEW YORK London-based Arch Insurance International has authorized cryptocurrency insurer Evertas to increase the coverage
2023-06-02 22:18
Netflix shareholders reject sky-high executive pay packages
Netflix shareholders voted on Thursday to reject multi-million dollar pay packages for the company's top executives including for co-CEOs Ted Sarandos and Greg Peters.
2023-06-02 22:16
SBB Founder Steps Down as CEO of Troubled Swedish Landlord
Ilija Batljan, the founder and dominant shareholder of embattled Swedish landlord SBB, stepped down as chief executive officer
2023-06-02 21:53
The US economy added 339,000 jobs last month, soaring past expectations — again
The US labor market isn't ready to slow down just yet.
2023-06-02 20:48
Chinese Stocks in US Rally on Sign That Policy Support May Come
US-listed Chinese stocks jumped in premarket trading after Bloomberg News reported that regulators are considering new measures to
2023-06-02 20:17
The uber-wealthy are doing just fine and Wall Street is cashing in
Worries of a possible global recession are deepening as heightened inflation and interest rates act as a brake on spending, while geopolitical strife adds to a sense of profound economic uncertainty.
2023-06-02 19:56
GM, Posco Future to expand EV battery supply chain
General Motors Co and POSCO Future M said on Friday the companies will expand their electric vehicle battery
2023-06-02 19:24