US investigating power-assisted steering failure complaints in older Ram pickup trucks
U.S. auto safety investigators have opened a probe into reports that some older Ram 1500 pickup trucks can lose their power-steering assistance with little or no warning
2023-08-08 23:49
US household debt largely unchanged in Q2, credit card balances jump, NY Fed says
By Ann Saphir Americans borrowed more than ever on their credit cards in the last quarter, the New
2023-08-08 23:23
Regulators fine Wall Street firms $549 million for using WhatsApp and other channels to discuss business
Wells Fargo and a slew of other Wall Street firms admitted Tuesday to using WhatsApp, Signal and other messaging platforms for "off-channel" communications in violation of federal recordkeeping requirements.
2023-08-08 23:16
Soaring sales of diabetes drug Mounjaro, widely used for weight loss, sends Eli Lilly to new heights
Eli Lilly’s diabetes treatment Mounjaro, which is widely used for weight loss, raked in nearly $1 billion in second-quarter sales, or more than $200 million above what Wall Street had expected
2023-08-08 22:16
Los Angeles city workers staging 24-hour strike
Thousands of Los Angeles municipal workers planned a 24-hour strike on Tuesday to protest what their union calls
2023-08-08 21:56
Americans are pulling money out of their 401(k) plans at an alarming rate
More Americans are tapping their 401(k) accounts because of financial distress, according to Bank of America data released Tuesday.
2023-08-08 21:49
Bayer’s New CEO Says Nothing Off Table in Strategic Review
Bayer AG Chief Executive Officer Bill Anderson said nothing is off the table as he reviews the company’s
2023-08-08 21:45
Biggest Coal Miner Sees Profits Fall as Fuel Extends Decline
Coal India Ltd., the world’s largest miner of the fuel, reported a 10% drop in first-quarter profit on
2023-08-08 21:27
VP Harris to celebrate new rules boosting wages, protections on federal projects
By Jarrett Renshaw PHILADELPHIA The Biden administration will bolster union-friendly rules on Tuesday that will boost wages and
2023-08-08 21:26
Italy slaps 40% one-off windfall tax on its banks
Italy dealt a surprise blow to its banks and sent shockwaves across the sector in Europe by setting a one-off 40% tax on profits reaped from higher interest rates, after reprimanding lenders for failing to reward depositors.
2023-08-08 21:26
Italy proposes bank tax to help people with interest rate hikes, sending stocks plunging
Italian bank stocks have plunged after the Cabinet approved a proposal to apply a temporary tax on some 2023 bank profits
2023-08-08 21:23
Niger Junta Consolidates Power as Military Threat Fades
Niger’s junta moved to consolidate power as regional leaders prepared for a second emergency summit since the country’s
2023-08-08 21:21