London's bankers can make unlimited bonuses again as UK axes cap
The UK has abandoned a cap on bankers' bonuses, in its latest push to boost the competitiveness of London's financial industry following Brexit.
2023-10-25 00:17
Love it or hate it, feelings run high over candy corn come Halloween
Cruel joke for trick-or-treaters or coveted seasonal delight
2023-10-24 23:15
Another massive autoworkers strike expansion: 5,000 UAW workers walk off at GM's biggest plant
The United Auto Workers union announced a surprise targeted strike against General Motors' Arlington Assembly plant in Texas on Tuesday morning. 5,000 members walked off the job, joining the now 45,000 UAW members on the picket lines. This expanded strike impacts GM's Chevy Tahoe, Chevy Suburban, GMC Yukon and Cadillac Escalade.
2023-10-24 22:55
Shares in one of London's biggest IPOs this year have crashed 82%
Three months ago, CAB Payments stumbled when it went public on the London Stock Exchange, its shares falling nearly 10% on their first day of trading on a market that has been starved recently of new listings.
2023-10-24 21:48
Big Tech said return to the office. She had another solution
Big Tech has given workers an ultimatum: Come back to the office, or find a new job.
2023-10-24 20:24
Donor revolt at Harvard and UPenn over Israel shows big checks often have strings attached
Big money donations are booming at America's colleges, helping fund higher education for millions of students.
2023-10-24 20:21
Why bitcoin is surging again
Bitcoin is rocketing higher, topping $35,000 for the first time since May 2022. It's up 20% over the past five days.
2023-10-24 20:15
The Fed is losing control
America's first inflation crisis in decades, combined with the Federal Reserve's aggressive interest rate hikes to combat it, has made for a topsy-turvy past couple years on Main Street and Wall Street alike. It has weighed on consumers and kept investors constantly second-guessing themselves.
2023-10-24 19:58
GM earnings rise despite strike
General Motors' earnings grew last quarter, even as the company took a $200 million hit from the first two weeks of a strike by the United Auto Workers union.
2023-10-24 18:50
Jamie Dimon and other top bankers visit Saudi Arabia as Israel-Hamas war rages
JPMorgan (JPM) CEO Jamie Dimon and Citigroup's (C) Jane Fraser are among a raft of bankers attending Saudi Arabia's annual investment conference Tuesday as Wall Street's top names try to look beyond risks that the Israel-Hamas war could widen into a regional conflict.
2023-10-24 16:46
Euro zone PMI hits lowest in nearly 3 years, stirs recession worries
LONDON Euro zone business activity took a surprise turn for the worse this month as demand fell in
2023-10-24 16:24
China's Huawei sells 1.6 million Mate 60 series handsets in six weeks - research firm
SHENZHEN, China (This Oct. 19 story has been corrected to say '1.6 mln Mate 60 series sold', not
2023-10-24 12:52