Derailment costs grow for Norfolk Southern but railroad's trains moving more smoothly
The costs related to the East Palestine derailment continue to grow to reach $966 million for Norfolk Southern, but the railroad's service is improving and its insurance companies have started to pay their share of the cost of the crash in eastern Ohio early this year
2023-10-25 21:48
Stellantis Nears Deal to Buy 20% of Chinese EV Maker Leapmotor
Stellantis NV is nearing a deal to acquire a roughly 20% stake in Chinese electric vehicle company Zhejiang
2023-10-25 20:59
EU Courts Africa in Early Push to Counter Chinese Spending
The European Union and the US will launch the groundwork for a strategic corridor to connect resource-rich Democratic
2023-10-25 20:58
BofA’s DeMare Warns on ‘Dangerous’ Effects of Yields at 5%
Bank of America Corp.’s Jim DeMare warned of the knock-on effects of short-term Treasury yields at 5% and
2023-10-25 20:49
Poland's Tusk visits Brussels, seeking initiative in repairing ties with EU and unlocking funds
Polish politician Donald Tusk is in Brussels seeking to repair his country's ties with the European Union
2023-10-25 19:22
Deutsche Bank shares surge as it promises more cash for investors
Shares in Deutsche Bank surged nearly 7% Wednesday after it said strong earnings meant it could pay out more cash to shareholders over the next two years than previously anticipated.
2023-10-25 19:19
Amazon rolls out independent cloud for Europe to address stricter privacy standards
Amazon is rolling out an independent cloud for Europe as it looks to address strict regulations that companies and those in the public sector face there
2023-10-25 19:17
UPenn donors were furious about the Palestine Writes Literature Festival. What about it made them pull their funds?
The University of Pennsylvania's administration faces an overwhelming backlash from donors, many of whom are pulling their funds and calling on the Ivy League institution's president to resign. The root of their anger: A Palestine Writes Literature Festival that took place on campus last month that donors and Penn's administration both say included speakers with a history of making antisemitic statements, a characterization organizers and attendees reject.
2023-10-25 18:28
US Presses Gulf Allies to Help Stem Fresh Fundraising for Hamas
The US has called on Gulf Arab states to help clamp down on a suspected increase in fundraising
2023-10-25 17:51
Honda shelves plan to co-develop smaller EVs with GM - Bloomberg News
Honda Motor is shelving plans to jointly develop affordable electric vehicles (EVs) with General Motors due to a
2023-10-25 17:24
'Fundamental rethink': Investors dump China shares despite new efforts to shore up the economy
Investors have been dumping Chinese stocks at an unprecedented pace, exiting the world's second largest economy despite efforts by Beijing to juice growth by borrowing more to fund extra spending.
2023-10-25 16:57
Zimbabwe Cedes Highest Interest Rate Title to Argentina
Zimbabwe gave up its unenviable position of having the world’s highest interest rate to Argentina, after slashing borrowing
2023-10-25 16:56