Federal Reserve leaves its key rate unchanged but keeps open possibility of a future hike
The Federal Reserve kept its key short-term interest rate unchanged for a second straight time but left the door open to further rate hikes if inflation pressures should accelerate in the months ahead
2023-11-02 02:28
Cooking spray burn victim awarded $7.1 million in damages after can 'exploded into a fireball'
A jury in Illinois has ordered Chicago-based Conagra Brands to pay $7.1 million to a Pennsylvania woman who was badly injured in 2017 when a can of cooking spray ignited in a commercial kitchen at her workplace and set her aflame
2023-11-02 01:53
US Slows Pace of Increase in Quarterly Long-Term Debt Sales
The US Treasury increased its planned sales of longer-term securities by slightly less than most dealers expected in
2023-11-02 01:45
Oil and Gas Companies Face an Era of Credit Downgrades, Fitch Warns
Much of the fossil fuel industry may be facing an era of credit downgrades if producers prove too
2023-11-02 01:23
Mexico to give interest subsidies, but no loans, to Acapulco hotels destroyed by Hurricane Otis
The Mexican government says it will pay half of interest rates on bank loans to rebuild the 377 hotels destroyed or heavily damaged by Hurricane Otis
2023-11-02 01:21
Delta says pilot accused of threatening to shoot the captain no longer works for the airline
Delta Air Lines says the pilot accused of threatening to shoot the plane’s captain during a flight no longer works for the airline
2023-11-02 00:58
Pennsylvania court permanently blocks effort to make power plants pay for greenhouse gas emissions
A court says Pennsylvania can't enforce a regulation to make power plant owners pay for their planet-warming greenhouse gas emissions
2023-11-02 00:54
Verizon says it making interim CFO permanent
Verizon Communications said Wednesday it was naming Tony Skiadas as chief financial officer. Skiadas, a 27-year-veteran at Verizon,
2023-11-02 00:46
CVS Health books strong 3Q but the health care giant preaches caution on next year
CVS Health beat third-quarter forecasts thanks partially to its growing pharmacy benefits management side, but the health care giant is cautious about next year
2023-11-01 23:56
Prosecutor cites 'pyramid of deceit' in urging jury to convict FTX founder Sam Bankman-Fried
In a closing argument, a prosecutor told a New York jury to follow overwhelming evidence and the “pyramid of deceit” that FTX founder Sam Bankman-Fried constructed to conclude he's guilty of fraud charges
2023-11-01 23:53
US Senator Schumer, other senators urge FTC to probe Exxon, Chevron mega-deals
(Reuters) -U.S. Senate Majority Leader Charles Schumer and 22 other Democratic senators wrote to the U.S. Federal Trade Commission on
2023-11-01 23:26
UK summit tackles the risks from cutting-edge AI. Kamala Harris says more must be done right now
Delegates from 28 nations, including the U.S. and China, have agreed to work together to contain the potential “catastrophic” risks posed by galloping advances in artificial intelligence
2023-11-01 23:19