Nexstar investigates after Michigan news station told to 'get both sides' of Pride event
Nexstar, the nation's largest operator of local TV stations, said Thursday it is conducting an investigation after a news director at a Michigan station told its journalists to scale back its Pride Month coverage and "get both sides" on LGBTQ issues, saying their "polarizing" nature had upset some of its conservative viewers.
2023-06-16 21:26
Why the Fed paused its rate hikes: It's tired of playing a giant guessing game
After 10 consecutive interest rate hikes, Federal Reserve officials announced on Wednesday that they would pause their fight against inflation to figure out whether the US economy was fully absorbing all that harsh medicine.
2023-06-16 19:47
'Nothing to hide': AIIB will investigate claims of Chinese Communist Party control
A Beijing-based multinational lender is launching an internal review after Canada suspended its ties with the regional development bank, citing explosive claims that the Chinese Communist Party had infiltrated the institution.
2023-06-16 18:46
Teamsters will likely authorize a UPS strike Friday
Members of the Teamsters union are almost certain to approve a massive strike at UPS in a vote concluding Friday. A prolonged work stoppage could severely damage the economy -- but a strike is still more than seven weeks away, if it happens at all.
2023-06-16 18:28
Euro zone May inflation confirmed at 6.1% yr/yr, core eases
BRUSSELS Euro zone consumer inflation sharply decelerated in May, the European Union's statistics office confirmed on Friday, with
2023-06-16 17:27
China's Xi greets 'old friend' Bill Gates in first meeting with a US business magnate in years
Bill Gates met with Xi Jinping on Friday, marking the Chinese leader's first known one-on-one meeting with a Western business figure in years after a new pledge from the Gates Foundation.
2023-06-16 16:20
Euro zone needs still higher ECB rates, tighter fiscal policy -IMF
By Jan Strupczewski BRUSSELS The European Central Bank should continue to raise rates to bring down inflation and
2023-06-16 15:29
Lawmakers wrangle over measures to address pilot shortage
A series of controversial proposals to address the airline pilot shortage is complicating Congress' consideration of a new slate of Federal Aviation Administration policies with one senator warning fellow lawmakers there will be blood on their hands if reduced pilot training causes a fatal accident.
2023-06-16 09:25
Janitors who lost jobs during WGA strike join picket line
Several hundred janitors marched to join writers on the picket line outside Sony Pictures and Amazon Studios Thursday, as some custodial staff have lost their jobs while productions are halted.
2023-06-16 08:46
iPhone maker Foxconn to switch to cars as US-China tensions soar
The firm, which makes over half of the world’s Apple products, is looking for its next big growth driver.
2023-06-16 05:52
Mercedes is bringing ChatGPT into its cars
Mercedes-Benz and Microsoft have agreed to add ChatGPT to Mercedes-Benz cars in the United States. ChatGPT is Microsoft's "generative artificial intelligence" software that can engage in realistically human-like dialog.
2023-06-16 05:45
Disney CFO Christine McCarthy steps down
Disney's chief financial officer, Christine McCarthy, is stepping down from her role and taking a family medical leave of absence. Disney Parks CFO Kevin Lansberry will step in as the company's interim CFO.
2023-06-16 04:26