
Analysis-White-collar wage cuts in China fuel deflation risks, hurt consumption
By Ellen Zhang and Marius Zaharia BEIJING/HONG KONG Cola Yao earns 40% less than last year promoting credit
2023-07-28 07:24

Citigroup says some predecessor companies likely saw indirect financial benefits from slavery
Some of the companies that formed what is now Citigroup likely benefitted financially from slavery in the 1800’s, the financial giant acknowledged Thursday, an admission that comes at a time when numerous institutions are re-examining their historic roots and the roles they played in slavery in the U.S. In research conducted last year, Citi found that none of its predecessor companies directly purchased, sold, or held slaves
2023-07-28 07:22

Ford Blames EV Price War for Delay in Plans to Boost Output
Ford Motor Co.’s is throttling back on plans to ramp-up electric vehicle production, pointing the finger at a
2023-07-28 07:18

Singapore Crab Restaurateur Charged With Share Price Rigging, Straits Times Reports
No Signboard Holdings Ltd.’s Chief Executive Officer Lim Yong Sim was charged with price rigging in Singapore, the
2023-07-28 07:17

As cyclists ride across Iowa, they are seeing craft breweries driving small-town tourism
There are hundreds of breweries represented on the jerseys of the thousands of cyclists on RAGBRAI, the annual bike ride across Iowa
2023-07-28 06:52

US States Can Finally Start Applying for IRA Incentive Money
Almost a year after US President Joe Biden signed the Inflation Reduction Act into law, American consumers are
2023-07-28 06:52

TC Energy to Spin Off Oil Unit to Focus on Low-Carbon Future
TC Energy Corp. plans to spin off its oil pipelines unit, helping it trim debt and shift its
2023-07-28 06:51

GM warns US emissions rules could cost industry $100 billion in penalties in 2031
WASHINGTON General Motors warned the Biden administration's vehicle emissions rules could cost the auto industry $100 billion in
2023-07-28 06:26

Second Trump Employee Charged in Special Counsel Documents Case
Special Counsel Jack Smith’s office is charging a third person in connection with the top-secret government documents recovered
2023-07-28 06:22

Foreign bank lending to Australian offices hits record as local banks retreat
By Lewis Jackson SYDNEY Foreign bank lending to Australian office real estate hit a record high in the
2023-07-28 06:19

Bill Hwang Seeks Evidence From Banks ‘Pivotal’ in Archegos Collapse
Archegos Capital Management’s Bill Hwang asked the judge in his criminal fraud case to let him demand evidence
2023-07-28 06:17

Oreo maker increases growth forecast thanks to demand for cookies, sweets
The maker of Oreo and Cadbury Dairy Milk chocolate is thanking an increased demand for sweets in the first half of the year for its positive forecast, Mondelez International said in its second quarter earnings call Thursday.
2023-07-28 06:16