Extreme heat cuts into US small business, worker hours in July, report shows
By Safiyah Riddle Record-breaking heat waves across the U.S. forced small businesses to close early in July, according
2023-08-02 03:45
US trucking firm Yellow shuts ops, to file for bankruptcy - Teamsters
(Reuters) -Cash-strapped U.S. trucking company Yellow Corp has ceased operations and is filing for bankruptcy after failing to reorganize and
2023-08-01 06:54
Maserati will never enter a price war with competitors, CEO says
By Giulio Piovaccari MILAN Italian carmaker Maserati will never start or get involved in a price war with
2023-07-28 23:26
East Palestine train derailment has now cost Norfolk Southern $1 billion
The costs to Norfolk Southern from the February derailment in East Palestine, Ohio, are now approaching $1 billion, the company reported Thursday.
2023-07-28 02:23
Elizabeth Warren and Lindsey Graham want a new agency to regulate tech
Two US senators are calling for the creation of a new federal agency to regulate tech companies such as Amazon, Google and Meta, in the latest push by members of Congress to clamp down on Big Tech.
2023-07-27 20:18
GM to add battery module assembly to some North American EV plants
By Paul Lienert General Motors will begin assembling electric vehicle battery packs near its BrightDrop commercial van plant
2023-07-26 03:59
Strong leftover Yeezy sales could reduce Adidas' expected operating loss
Strong sales of leftover Yeezy inventory is helping Adidas recoup some of its losses.
2023-07-25 04:53
Todd Boehly-backed insurer Accelerant mulls IPO, stake sale, CEO says
By Pablo Mayo Cerqueiro, Echo Wang and David French LONDON/NEW YORK Accelerant is planning to raise fresh capital
2023-07-25 01:21
GM can't build or deliver new vehicles fast enough, exec says
By Paul Lienert LANSING, Michigan General Motors is seeing strong demand for many of its U.S. vehicles, but
2023-07-18 03:21
Laid-off Twitter Africa team 'ghosted' without severance pay or benefits, former employees say
Former employees of Twitter Africa who were laid off as part of a global cost-cutting measure after Elon Musk's acquisition have not received any severance pay more than seven months since leaving the company, several sources told CNN.
2023-07-17 13:56
Federal appeals court rules Microsoft can close its Activision merger
A federal appeals court said it will not block Microsoft from closing its $69 billion acquisition of Activision Blizzard, handing the Federal Trade Commission its second major defeat this week in a case involving the future of the video game industry.
2023-07-15 07:54
SEC fines Cantor Fitzgerald over repeated failure to identify large traders
The U.S. Securities and Exchange Commission has fined Cantor Fitzgerald $1.4 million over the company's repeated failure to
2023-07-14 21:24