SVB Financial defeats FDIC effort to seize incoming tax refunds
By Dietrich Knauth NEW YORK A U.S. bankruptcy judge on Wednesday ordered the U.S. Federal Deposit Insurance Corporation
2023-05-18 05:17
WeWork Plunges as ‘Disruptive’ CEO Change Prompts Downgrade
WeWork shares slumped 25% to an all-time low Wednesday after an abrupt CEO change prompted analysts at Mizuho
2023-05-18 04:59
1,100-year-old Hebrew Bible sells for $38M at auction in New York
A 1,100-year-old Hebrew Bible that is one of the world’s oldest surviving biblical manuscripts has sold for $38 million in New York
2023-05-18 04:58
Who's who in the debt limit fight: Meet the four negotiators who could save the US from default
President Joe Biden and House Speaker Kevin McCarthy are turning to a select group of negotiators to help broker a deal to increase the nation’s borrowing authority and avoid the economic carnage that would ensue if a deal is not reached soon
2023-05-18 04:56
US sharply raises shale oil drilling count but not output forecast
By Stephanie Kelly NEW YORK U.S. oil producers were much more active last year in the prolific Permian
2023-05-18 04:50
Walgreens reaches $230 million opioid settlement with San Francisco
By Jonathan Stempel San Francisco said on Wednesday it reached a $230 million settlement with Walgreens Boots Alliance
2023-05-18 04:28
Pet food manufacturer Alphia explores sale - sources
By Abigail Summerville NEW YORK Alphia is exploring options including a sale that could value the private equity-owned
2023-05-18 04:26
BP subsidiary agrees to record $40M penalty and pollution-cutting steps at Lake Michigan refinery
Federal officials say a BP subsidiary will pay a $40 million penalty and install technology to control the release of benzene and other contaminants at its Whiting oil refinery in northern Indiana
2023-05-18 04:24
U.S. FTC expands probe into pharmacy benefit managers
The U.S. Federal Trade Commission said on Wednesday it had sought information from two companies that negotiate drug
2023-05-18 04:24
Bowlero Corp. Announces Record-Breaking Results for the Third Quarter of Fiscal Year 2023
RICHMOND, Va.--(BUSINESS WIRE)--May 17, 2023--
2023-05-18 04:17
SEC’s Crenshaw Sees Possible Overlap in Carbon Rules: ESG Latest
The Bloomberg Sustainable Finance Forum is under way, focusing on topics ranging from opportunities in the US market
2023-05-18 03:56
Biden administration invests in carbon capture, upping pressure on industry to show results
The Biden administration is announcing an investment of $251 million in carbon capture and storage projects in seven states
2023-05-18 03:54