A new CEO won't fix Twitter's biggest problem
During his six months as Twitter's CEO and owner, Elon Musk decimated its ad business, alienated some news publications and VIP users, and plunged the platform into a constant state of chaos. Now, a new chief executive will be tasked with trying to turn things around.
2023-05-17 20:49
US Cash Balance Falls Most Since March Amid Debt-Limit Standoff
The amount of money that the US government has on hand to pay its bills plummeted by $53
2023-05-17 20:45
U.S. House Speaker McCarthy says he thinks U.S. will not default
WASHINGTON (Reuters) -House Speaker Kevin McCarthy on Wednesday said he believed the United States will not default on its debt
2023-05-17 20:19
Ecuadorian president dissolves National Assembly, puts end to impeachment proceedings
Ecuadorian President Guillermo Lasso has put an end to impeachment proceedings against him by dissolving the opposition-led National Assembly which had accused him of embezzlement
2023-05-17 20:17
Ford recalls 310,000 trucks to fix problem with driver's front air bag
Ford is recalling more than 310,000 trucks in the U.S. because the driver’s front air bag may not inflate in a crash
2023-05-17 19:54
Turkey's ultra-nationalist outsider basks in run-off fame
An also-ran who helped push Turkey to its first run-off election on May 28 is using his new-found fame to make ultra-nationalism mainstream and...
2023-05-17 19:50
What caused regional banks to fail? Senators blame excessive CEO pay
US senators hammered former executives of recently collapsed Silicon Valley Bank and Signature Bank on Tuesday over their paychecks, sales of stock and bonus payouts as the financial institutions struggled to stay afloat.
2023-05-17 19:47
Western Alliance Deposit Growth Drives Regional Bank Stocks Up
Shares of US regional banks rallied in premarket trading after Western Alliance Bancorp said deposits had grown by
2023-05-17 19:45
Argentine shoemakers and tailors buckle under 109% inflation
By Horacio Soria BUENOS AIRES In Juan Capano's shoemakers' workshop on the outskirts of Buenos Aires, 109% inflation
2023-05-17 19:27
Automaker warns over UK operations and calls for Brexit trade deal renegotiation
The world’s fourth-biggest carmaker by sales has warned of a potential existential threat to large parts of the British car industry unless the government moves to alter the terms of its Brexit trade deal with the European Union
2023-05-17 19:21
Target's sales are slowing down
Shoppers are pulling back at Target.
2023-05-17 19:21
Vauxhall Maker Warns of Factory Closures if Brexit Deal Doesn’t Change
The UK government is lobbying the European Union to prevent Brexit-related local manufacturing requirements from kicking in next
2023-05-17 18:59