Vodafone plans 11,000 job cuts
Vodafone said Tuesday it would cut 11,000 jobs over three years, as the telecoms company unveiled a turnaround plan to revive its fortunes.
2023-05-16 15:45
Exxon settles Indonesia torture case that led to SEC official's ouster
Exxon Mobil on Monday settled a long-running human rights lawsuit with villagers who claimed soldiers Exxon hired to guard a natural gas facility in Indonesia committed murder and torture.
2023-05-16 15:17
Warren Buffett's Berkshire Hathaway sells entire stake in TSMC
Warren Buffett's conglomerate has sold its remaining shares in the world's largest chipmaker, TSMC, after the "Oracle of Omaha" sounded alarms about its homebase of Taiwan.
2023-05-16 12:51
Haley's financial disclosure report shows lucrative speaking engagements
Republican presidential candidate Nikki Haley's financial disclosure report shows the former US ambassador to the United Nations was paid between $100,001 and $1 million each for 12 speaking engagements in 2022 and 2023.
2023-05-16 07:51
ONEOK shares drop on concerns over Magellan pipeline deal
By Laura Sanicola and Arathy Somasekhar -Shares of gas pipeline operator ONEOK Inc fell about 9% on Monday on questions
2023-05-16 07:16
US Virgin Islands subpoenas Elon Musk as part of lawsuit into Jeffrey Epstein sex trafficking ring
The US Virgin Islands has subpoenaed Elon Musk, requesting documents from the Tesla CEO and Twitter owner for its lawsuit alleging JPMorgan Chase benefited financially from Jeffrey Epstein's sex trafficking operation.
2023-05-16 06:29
Argentina raises interest rate to 97% as it struggles to tackle inflation
The Central Bank of Argentina raised its key interest rate Monday by six percentage points to 97% in an effort to tackle soaring inflation that has reached 30-year highs.
2023-05-16 05:25
Amazon is changing its deliveries behind the scenes to cut shipping times
Amazon is revamping its delivery operations in an effort to cut costs while speeding up shipping times to the next day or sooner.
2023-05-16 04:48
Egg prices are crashing. Here's why
For months and months, the price of eggs was soaring. Now, they're going splat.
2023-05-16 04:20
US may default on debt as soon as June 1, Yellen reaffirms
It's still likely that the US could default on its obligations in early June if Congress doesn't act, Treasury Secretary Janet Yellen said Monday.
2023-05-16 04:19
Former Silicon Valley Bank CEO: 'I am truly sorry'
The former chief executive of Silicon Valley Bank plans to apologize before a Senate committee Tuesday, writing in prepared testimony that he believes no bank could have survived the run that gutted SVB in early March.
2023-05-16 03:54
EU approves Microsoft's deal to buy Activision Blizzard
European regulators have approved Microsoft's $69 billion acquisition of Activision Blizzard, handing the technology giant a victory at a time when the deal is being challenged in other countries.
2023-05-16 02:23