Bankrupt Lordstown Motors reaches $40 million settlement with Karma Automotive
Lordstown Motors said on Tuesday it had reached a $40-million settlement with Karma Automotive over a 2020 lawsuit
2023-08-15 22:56
US business inventories unchanged in June
WASHINGTON U.S. business inventories were unchanged for a second straight month in June as companies continued to carefully
2023-08-15 22:46
Biden’s Steel Boom Helps Spark Bidding War for an American Icon
When Cleveland-Cliffs Inc. quietly submitted its takeover bid for United States Steel Corp. it couldn’t have chosen a
2023-08-15 22:16
U.S. bank stocks drop after Fitch downgrade warning
Shares of U.S. banks dropped in premarket trading after a Fitch Ratings analyst told CNBC that the agency
2023-08-15 21:49
Analysis-China trust deficit: crisis spurs shadow banking policy response calls
By Summer Zhen and Laura Matthews HONG KONG/NEW YORK Chinese fears of a spillover from missed payments on
2023-08-15 21:18
Nigeria Inflation Quickens More Than Expected on Transport Costs, Food Prices
Nigeria’s inflation rate climbed to a fresh 18-year high on surging transport costs and food prices, adding to
2023-08-15 21:15
MTN Fintech Unit Seeks More Investors After Mastercard Deal
MTN Group Ltd. is seeking as many as three more strategic investors in addition to Mastercard Inc. for
2023-08-15 21:15
US Retail Sales Top Forecasts, Showcasing Consumer Resilience
US retail sales rose in July by more than forecast, highlighting how the resilience of consumers is helping
2023-08-15 20:56
Santiago Pena, Paraguay's new president, faces tricky balancing act
By Daniela Desantis and Lucinda Elliott ASUNCION Paraguay's new president Santiago Pena takes office on Tuesday, a clean-cut
2023-08-15 20:48
Italy’s Deputy PM Seeks Changes to Bank Tax, Reports Say
Italy’s Deputy Premier Antonio Tajani wants substantial changes to a controversial levy on banks’ extra profits, according to
2023-08-15 20:00
Legal & General Assets Decline as Outflows Combine With Rising Rates
Legal & General Group Plc’s asset management arm saw assets fall by £132 billion ($168 billion) as clients
2023-08-15 19:56
Home Depot Earnings Top Estimates as DIY Spending Sustained
Home Depot Inc. earnings exceeded the average analyst estimate, suggesting that US home improvement spending is performing slightly
2023-08-15 19:56