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U.N. chief calls for extra tax on fossil fuel profits, says ‘polluters must pay’
Developed economies should impose an extra tax on the profits of fossil fuel firms because "polluters must pay," U.N. secretary...
JPMorgan CEO Jamie Dimon to warn Congress of ‘storm clouds’
JPMorgan Chase CEO Jamie Dimon plans to tell Congress that the U.S. economy faces "storm clouds," according to prepared testimony,...
VW targets $75 billion valuation in landmark Porsche IPO
Volkswagen is targeting a valuation of up to $75 billion for luxury sports car maker Porsche, the company said on...
The world’s most powerful are gathered for Queen Elizabeth II’s funeral
Hundreds of global dignitaries are gathered in London on Monday to attend the funeral of Queen Elizabeth II. A congregation...
Gautam Adani replaces Jeff Bezos as world’s second-richest person
Indian mogul Gautam Adani has replaced Jeff Bezos as the world’s second-richest person, according to Bloomberg’s Billionaire Index. After starting...
World Bank warns of global recession amid simultaneous rate hikes
The world may be edging toward a global recession next year as central banks are raising interest rates to combat...
Bed Bath & Beyond is closing stores across the U.S.
Bed Bath & Beyond is closing 37 stores located in 19 states, most by the end of February, the company...
Wall Street’ skids to two-month lows dragged by FedEx results
U.S. stock futures declined as FedEx raised concerns about the health of the economy. Wall Street's main indexes hit near...
Shell CEO Ben van Beurden to step down
Shell on Thursday announced that CEO Ben van Beurden will step down at the end of the year and will...
Railroads and labor unions reach tentative deal to avert strike
Railroads and workers’ unions reached a tentative labor agreement early Thursday to avert a national rail strike. “The tentative agreement...
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