
Kraft Heinz CEO Patricio to become non-executive chair; Abrams-Rivera to become next CEO
Kraft Heinz says CEO Miguel Patricio will become non-executive chair of its board at the start of the new year, with Carlos Abrams-Rivera stepping into the top spot at the food products company at that time
2023-08-15 01:55

UBS to pay $1.4 billion for selling toxic mortgages prior to the Great Recession
The Justice Department announced on Monday that UBS has agreed to pay $1.4 billion in penalties for allegedly defrauding investors by selling mortgage-backed securities that blew up during the Great Recession.
2023-08-15 01:53

Biden's climate law has led to 86,000 new jobs and $132 billion in investment, new report says
A year after Democrats passed their sweeping $750 billion climate and health care law, it's leading to a surge of clean energy projects and job creation, according to a recent Bank of America report.
2023-08-15 01:45

Comcast Becomes Proud Partner of USA Gymnastics
INDIANAPOLIS--(BUSINESS WIRE)--Aug 14, 2023--
2023-08-15 01:29

Hawaiian Electric stock plunges 40% after lawsuit alleges it failed to shut power off ahead of the Maui wildfires
Hawaiian Electric's stock tumbled to a 13-year low Monday morning, plummeting nearly 40% after a class action lawsuit filed over the weekend alleged that Maui's devastating wildfires were caused by the utility's energized power lines that were knocked down by strong winds.
2023-08-15 01:26

Clari to Acquire Groove, Cementing Revenue Platform Leadership
SUNNYVALE, Calif.--(BUSINESS WIRE)--Aug 14, 2023--
2023-08-15 00:59

Biden says auto workers need "good jobs that can support a family" in union talks with carmakers
President Joe Biden is asking the major U.S. automakers and their workers’ union to reach an agreement that takes “every possible step to avoid painful plant closings” as the sector transitions to electric vehicles
2023-08-15 00:57

Russia's Alrosa reports strong diamond sales despite sanctions
LONDON Sanctions-hit Alrosa kept diamond sales in the first half of 2023 at the year-ago levels, the Russian
2023-08-15 00:48

Clarence Avant, ‘Black Godfather' of entertainment, and benefactor of athletes and politicians, dies
Clarence Avant, the manager, entrepreneur, facilitator and adviser who helped launch or guide the careers of Quincy Jones, Bill Withers and many others and came to be known as the "Black Godfather" of entertainment and beyond has died at 92
2023-08-15 00:47

Coinbase launches nonprofit crypto advocacy group
Coinbase is launching an independent nonprofit organization for advancing pro-crypto legislation through Congress, hoping to build on recent legislative and legal wins for the digital asset industry.
2023-08-15 00:21

ADDING MULTIMEDIA John West Appointed VP of Business Development and Strategy at Tyto Athene, LLC
HERNDON, Va.--(BUSINESS WIRE)--Aug 14, 2023--
2023-08-15 00:20

Union leader: Cleveland-Cliffs is the best strategic buyer of U.S. Steel
By Bianca Flowers CHICAGO The United Steelworkers (USW) international president said on Monday that the union supports North
2023-08-15 00:19
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