First Republic hit with 1,000 job cuts after California bank was seized and sold to JPMorgan
About 1,000 employees of First Republic Bank are being let go about a month after it was seized by regulators and acquired by JP Morgan Chase
2023-05-26 23:22
Crash of private Japanese moon lander blamed on software, last-minute location switch
A Tokyo company whose lunar lander slammed into the moon says a software issue and a last-minute switch in the touchdown location led to the crash
2023-05-26 23:18
OpenAI boss downplays fears ChatGPT maker could leave Europe over AI rules
OpenAI CEO Sam Altman is downplaying worries that the ChatGPT maker could exit the European Union if it can’t comply with the bloc’s strict new artificial intelligence rules
2023-05-26 22:59
UK's Treasury chief accepts that recession may be necessary to get inflation down
Britain’s Treasury chief says he would be prepared to see the British economy slip back into recession if further interest rate hikes are necessary to bring down inflation
2023-05-26 21:56
Stock market today: Tech lead more gains in early trading on Wall Street
Stocks are opening higher on Wall Street, led by more gains in technology stocks as another chipmaker reported strong demand related to artificial intelligence
2023-05-26 21:48
After yearslong delay, DEA revokes license of wholesale drug distributor over opioid crisis failures
The U.S. Drug Enforcement Administration has stripped one of the nation’s largest pharmaceutical distributors of its license to sell highly addictive painkillers after determining it failed to flag thousands of suspicious, high-volume orders at the height of the opioid crisis
2023-05-26 21:26
A measure of inflation that is closely tracked by the Federal Reserve increased in April
A key index of U.S. prices ticked higher in April as consumer spending rebounded, a sign that inflationary pressures in the economy remain high
2023-05-26 20:58
Taylor Swift Fans Have to Barter, Borrow and Plead to Get Into Her Shows
For Taylor Swift fans, 52 concerts in massive football stadiums were never going to be enough to satisfy
2023-05-26 20:27
French Drugmaker Weighs Bids For Scottish Site Behind Covid Debacle
Valneva SE has been approached by about a dozen potential buyers for its Scottish manufacturing site, according to
2023-05-26 19:48
Russia says Ukraine attacks border regions; Moscow's forces strike Dnipro clinic
Authorities say Russia’s southern Belgorod region that borders Ukraine has come came under attack from Ukrainian artillery fire
2023-05-26 19:28
Court says Hugh Grant's lawsuit alleging illegal snooping by The Sun tabloid can go to trial
A London court has rejected an attempt by the publisher of The Sun newspaper to throw out a lawsuit by actor Hugh Grant alleging that journalists and investigators it hired illegally snooped on him
2023-05-26 19:25
Credit Suisse owes millions to Georgia's billionaire ex-prime minister, court says
A Singapore court says Credit Suisse owes billionaire and former Georgian Prime Minister Bidzina Ivanishvili hundreds of millions of dollars for failing to protect his money in a trust pilfered by a manager
2023-05-26 19:23