US commerce secretary warns China will be 'uninvestable' without action on raids, fines
Commerce Secretary Gina Raimondo says she warned Chinese leaders that U.S. businesses might stop investing in their country without prompt action to address complaints about worsening conditions due to raids on firms, unexplained fines and unpredictable official behavior
2023-08-31 06:23
Salesforce lifts annual forecast as business software demand stays strong
(Reuters) -Salesforce raised its annual revenue forecast on Wednesday and projected quarterly sales above estimates as it benefits from a
2023-08-31 04:57
Millions of salaried workers would get overtime pay under Biden administration proposal
Some 3.6 million salaried workers would newly qualify for overtime pay under a proposed rule unveiled by the US Department of Labor on Wednesday. It would guarantee overtime pay of at least time-and-a-half for most salaried workers earning less than $1,059 a week, or about $55,000 a year.
2023-08-31 03:24
US restricts exports of some Nvidia chips to Middle East countries -filing
(Reuters) -The U.S. government has imposed restrictions on some Nvidia artificial intelligence chip exports to certain countries in the Middle
2023-08-31 02:57
Hurricane Idalia could cost insurers $9.36 billion - UBS
UBS expects Hurricane Idalia to result in insured losses of $9.36 billion based on preliminary estimates, the brokerage
2023-08-31 02:51
Critical fire weather arrives in Northern California's interior; PG&E cuts power to 8,400 customers
Gusty winds and low humidity have brought a high risk of wildfires to the interior of Northern California
2023-08-31 02:49
US judge rejects Nikola founder's juror bias claim
By Jody Godoy Nikola founder Trevor Milton lost his bid for a new trial on charges of defrauding
2023-08-31 02:25
Hollywood's working class turns to nonprofit funds to make ends meet during the strike
Hollywood crew members are turning to nonprofits like the Entertainment Community Fund for assistance as they have also lost work during the writer and actors strikes
2023-08-31 01:53
Court upholds Michael Avenatti's conviction for plotting to extort up to $25 million from Nike
A federal appeals court has upheld disgraced lawyer Michael Avenatti’s conviction for plotting to extort up to $25 million from shoe giant Nike – one of several legal messes that have landed him behind bars
2023-08-31 01:20
US airlines cancel over 1,000 flights as Hurricane Idalia makes Florida landfall
(Reuters) -Airlines in the United States canceled more than 1,000 flights on Wednesday as Hurricane Idalia slammed into the Big
2023-08-31 00:59
American Airlines flight attendants vote to authorize a strike, although a walkout still unlikely
Flight attendants at American Airlines say they are willing to strike as negotiations for pay raises drag on
2023-08-31 00:53
Country Garden posts record net loss of $6.7 billion in first half of 2023
HONG KONG (Reuters) -China's largest private property developer Country Garden on Wednesday reported a record loss in the first half
2023-08-30 23:48