US VP Harris, economic adviser Brainard warn of recession if debt default occurs

WASHINGTON Vice President Kamala Harris and President Joe Biden's top economic adviser, Lael Brainard, said on Thursday that

2023-05-19 01:46

US appeals court rejects bail for Chinese businessman awaiting fraud trial

A U.S. federal appeals court has rejected a bid for bail by a self-exiled Chinese businessman awaiting trial in a $1 billion fraud case

2023-06-15 07:27

Hedge Funds Ditch Bets on Euro Ahead of ECB

Hedge funds are turning ever more negative on the euro ahead of an interest-rate decision by the European

2023-09-09 15:52

ECB’s Inflation Success Undermines Tough Talk on Rate Policy

European Central Bank officials keep insisting that interest rates need to stay high, but another stark slowdown in

2023-12-01 02:27

Michael Jordan's sale of majority ownership of Hornets to Gabe Plotkin and Rick Schnall is finalized

The Charlotte Hornets have announced that the sale of the majority stake in the franchise from six-time NBA champion Michael Jordan to Gabe Plotkin and Rick Schnall has been finalized

2023-08-03 22:49

Vanner Inc. Begins Serial Production of 17.1 kW, 600 Ampere 600VDC to 24VDC Liquid-Cooled Converter with Silicon Carbide Solid-State Switching (SiC) for ZEV and Hybrid Vehicles

HILLIARD, Ohio--(BUSINESS WIRE)--Aug 29, 2023--

2023-08-29 13:23

Alexander McQueen appoints new designer Sean McGirr

British fashion house Alexander McQueen on Thursday announced the appointment of a new head designer, Sean McGirr, replacing Sarah Burton who had led the label since...

2023-10-04 00:24

JPMorgan Adds Silicon Valley Bank Veteran John China in Startup, VC Growth Quest

JPMorgan Chase & Co. hired Silicon Valley Bank veteran John China to co-lead the business of banking venture

2023-07-11 19:24

U.S. announces plan to buy 3 million barrels for emergency oil reserve

(Reuters) -The U.S. Department of Energy said on Monday it will purchase 3 million barrels of crude oil for the

2023-05-16 04:53

GM believes it will stop losing money on electric vehicles in 2025 as higher margin vehicles arrive

General Motors is losing money on every electric vehicle it sells, but the company says it’s on track to generate mid single-digit pretax profit margins in 2025 as it produces more higher margin EVs, works out kinks in battery manufacturing and sees battery cost reductions

2023-11-30 23:19

Trafigura Says Accused Fraudster’s Wife No Innocent Bystander

Commodities trader Trafigura Group, which is investigating a $577 million nickel fraud, extended an asset freeze to the

2023-05-19 19:46

Oil prices edge up after OPEC says market fundamentals are strong

SINGAPORE Oil prices inched up on Tuesday after an OPEC report said market fundamentals remained strong and due

2023-11-14 09:49