Ford lays off 700 who were building electric version of F-150
Ford is laying off about 700 workers who build the F-150 Lightning, the electric version of its best-selling pickup truck, and unlike other recent layoffs this one has nothing to do with the ongoing strike by the United Auto Workers union.
2023-10-16 23:52
UPenn in crisis over antisemitism allegations: Jon Huntsman is the latest donor to stop giving, and a board member resigns
Former US Ambassador Jon Huntsman blasted the University of Pennsylvania's response to antisemitism and is promising to halt his family's donations to the prestigious university.
2023-10-16 23:49
Charles Schwab posts profit beat on robust asset management growth, shares rise
U.S. brokerage firm Charles Schwab posted a smaller-than-expected drop in quarterly profit on Monday as strength in asset
2023-10-16 23:46
Fed's Harker says high interest rates closing off housing for new buyers
By Michael S. Derby NEW YORK Philadelphia Federal Reserve President Patrick Harker said on Monday the current level
2023-10-16 22:56
Janet Yellen Says Higher Interest Rates May Persist in US
Treasury Secretary Janet Yellen said higher interest rates may persist, while insisting the US economy is “in a
2023-10-16 19:24
Canada Says No Sign India Tensions Are Impacting Military Ties
A top Canadian navy official said there’s no sign the diplomatic standoff between India and Canada over the
2023-10-16 18:19
Wealthy Indian Diaspora Wooed by DLF For Luxury Apartment Sales
A top Indian developer is enticing Indians living abroad to buy luxury apartments as a way of investing
2023-10-16 17:57
Hedge funds short food, beverage and tobacco stocks amid soaring bond yields -Goldman Sachs
By Nell Mackenzie LONDON Global hedge funds last week sold food, beverage and tobacco company stocks at the
2023-10-16 17:53
China Tightens Rules on Short Selling in a Bid to Boost Stocks
China is tightening curbs on short-selling activities as authorities step up efforts to shore up a struggling stock
2023-10-16 17:48
GoTo Recovers From 19% Swoon After Founder’s Surprise Sale
GoTo Group recouped most of its losses after revelations of a sale of stock by a co-founder ignited
2023-10-16 17:29
European Stocks Steady on Mideast Diplomacy; Polish Market Jumps
European stocks pared early gains and were steady as traders weighed diplomatic efforts by the US and its
2023-10-16 16:23
BioNTech will likely take 900 million eur write-off on Pfizer-partnered vaccines
BERLIN Germany's BioNTech on Monday said it would likely take write-downs of up to 900 million euros ($947
2023-10-16 16:17