McCarthy sets up clash over Pentagon budget and calls Senate GOP demands 'part of the problem'
Speaker Kevin McCarthy is rejecting GOP criticism of the debt limit deal he struck with President Joe Biden -- and pushed back on Senate Republican demands that Congress ramp up defense spending after the new law fell short of the levels sought by leading defense hawks.
2023-06-06 05:17
The Biden administration sees hydrogen as a game-changing climate technology. The reality is far more complicated
The Biden administration on Monday announced a goal to produce 50 million metric tons of clean hydrogen fuel by 2050 -- a roadmap that, if successful, would cut around 10% of the country's planet-warming pollution by the same date.
2023-06-06 03:30
US regulator accuses Binance of running an illegal exchange
Federal regulators have sued Binance, the world's largest crypto exchange, accusing the company of running an illegal exchange in the United States and commingling billions of dollars' worth of customer funds.
2023-06-06 00:25
Spotify cuts 200 jobs within its podcasting unit
Spotify is laying off 200 employees from its podcasting unit, amounting to 2% of the audio streaming company's global workforce.
2023-06-05 23:16
Saudi Arabia needs more than higher oil prices to fund its grand plans
Riyadh knows that it cannot rely solely on a fluctuating oil market for income. Along with its efforts to raise oil prices, it is also trying to bring in investment from abroad.
2023-06-05 22:16
Qatar Airways CEO says aviation industry will miss 2050 net zero target
The CEO of Qatar Airways has described the airline industry's emissions goals as a "PR exercise," saying aviation is on track to miss its target to achieve net zero status in 2050.
2023-06-05 20:49
Markets may be overly optimistic about the Fed
The past month's economic data has highlighted the persistent, sticky nature of inflation and the resilient strength of the labor market in the United States.
2023-06-05 20:26
First on CNN: US senators question Twitter's privacy compliance under Elon Musk
Four US senators are scrutinizing Twitter's privacy practices and questioning whether the platform under CEO Elon Musk flouted consumer protection law following widespread layoffs and resignations, highlighting vast legal risks for Twitter and Musk.
2023-06-05 19:27
Airlines expect to make $10 billion this year despite economic slowdown
Global airlines should make nearly $10 billion in profit this year as business bounces back from the pandemic, according to a new forecast from the International Air Transport Association (IATA).
2023-06-05 18:17
Exclusive-Crypto giant Binance controlled ‘independent’ U.S. affiliate’s bank accounts
By Angus Berwick and Tom Wilson LONDON - A senior Binance executive was the main operator for five bank accounts
2023-06-05 17:26
Eurozone investor mood darkens due to 'problem child' Germany, survey finds
BERLIN Investors got more gloomy on prospects for the euro zone economy in June, dragged down by negative
2023-06-05 16:47
Euro zone business growth slowed in May as factories struggled-PMI
LONDON Euro zone business activity was shored up last month by the bloc's dominant services industry offsetting a
2023-06-05 16:23