American Airlines says it has a deal with the pilots' union on a new contract; won't disclose terms
American Airlines says it has a tentative contract agreement with pilots
2023-05-20 02:49
Kia, Hyundai settle class-action lawsuit after a rash of thefts due to security flaw
Hyundai Motor America and Kia America will resolve class-action lawsuit prompted by a surge in vehicle thefts with a settlement agreement that could be valued at $200 million, the automakers announced Friday
2023-05-20 02:24
NASA picks Bezos' Blue Origin to build lunar landers for moonwalkers
Jeff Bezos' rocket company has won a NASA contract to land astronauts on the moon, two years after losing out to SpaceX
2023-05-20 01:49
Federal Reserve Chair Powell hints at a pause in rate hikes when central bank meets next month
Chair Jerome Powell indicated that the Federal Reserve will likely forgo an increase in its benchmark interest rate when it meets in June for the first time since it began raising its key rate 14 months ago to fight high inflation
2023-05-20 01:48
Don’t Give Up Inflation Fight, BIS’s Carsten Tells Central Banks
Global central banks can’t afford to flinch in what may be a prolonged struggle to fully tame consumer
2023-05-20 01:27
Morgan Stanley's James Gorman, who arrived at the bank shortly before financial crisis, to retire
Morgan Stanley’s long-time CEO James Gorman will retire in the next 12 months, he said Friday at the bank’s annual shareholder meeting
2023-05-20 00:50
JPMorgan investors to scrutinize First Republic takeover
By Nupur Anand NEW YORK As JPMorgan Chase & Co CEO Jamie Dimon prepares to take the stage
2023-05-20 00:48
Powell Signals a June Pause, Says Fed Can Afford to Watch Data
Federal Reserve Chair Jerome Powell gave a clear signal he is inclined to pausing interest-rate increases next month
2023-05-20 00:28
San Francisco officials are investigating if Elon Musk's "Twitter Hotel" plan broke laws
San Francisco officials are investigating Twitter after six former employees allege that owner Elon Musk’s leadership team broke laws in turning the company’s headquarters into a “Twitter Hotel” for workers being pushed to stay up late to transform the social media platform
2023-05-20 00:26
What happens when $2 trillion is sucked out of the global economy? It may not be pretty
Central banks have been credited with averting a global depression twice over the past 15 years: Once after the 2008 financial crisis, and again at the height of the coronavirus pandemic.
2023-05-19 23:54
Biden Drops Refusal to Give Ukraine F16s Under Allied Pressure
President Joe Biden dropped his reluctance to sending F-16s to Ukraine after months of pressure from Kyiv and
2023-05-19 23:51
EU regulators' group sides with Big Tech against telcos' network fee push
By Foo Yun Chee BRUSSELS (Reuters) -The EU telecoms regulators' group BEREC on Friday criticised a push by telecoms providers
2023-05-19 23:25