News
Brent down as economic worries outweigh supply cuts
Global oil benchmark Brent fell on Wednesday, reversing some of the gains made after Saudi Arabia and Russia agreed to...
LA workers feeling emboldened
California unions are pressuring employers over wages in one of the nation’s most labor-friendly states. From screenwriter, who went on...
Bank of America facing $109 billion in paper losses
Bank of America has incurred paper losses of nearly $109 billion due to heavy investments in U.S. government bonds, sources...
Congressional frequent fliers eying new flights for Washington Airport
U.S. lawmakers are trying to loosen a law that limits long-distance flights to and from Ronald Reagan Washington National Airport,...
Meta to release Twitter clone
Just as Twitter users are fuming over Elon Musk's decision to limit access to the social network platform, Meta announced...
UBS goes on wealth manager hiring spree
Even As it plans to cut 30% of its global workforce following its takeover of Credit Suisse, UBS bank is...
Trouble looms for Royal Bank of Canada amid HSBC deal
The proposed HSBC Canada acquisition of HSBC, which would be the largest domestic bank acquisition in Canadian history, could leave shareholders...
Nike raises prices, then implements discounts
Sneaker giant Nike announced Monday that it will raise prices next year despite its own efforts to boost sales and...
Yellen to visit China to talk economic stability
U.S. Treasury Secretary Janet L. Yellen is slated to fly to China on Wednesday in an effort to try to...
Lithium shortage pushing carmakers into mining ventures
In order not to fall further behind Tesla and Chinese electric vehicle car companies, many U.S. and European auto giants...
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