UBS ends rescue packages from Swiss gov't that paved way for Credit Suisse takeover
UBS says it has shut down rescue packages agreed with Swiss authorities that made available up to 200 billion Swiss francs (about $230 billion) to help shepherd through its takeover of ailing rival Credit Suisse and avert an international banking crisis
2023-08-11 16:49
Chinese tech giant Huawei reports sales, profit up despite US sanctions
Chinese tech giant Huawei says its revenue rose 3% over a year earlier and its profit margin widened in the first half of 2023 despite sanctions that limit its access to U.S. processor chips
2023-08-11 16:20
British economy unexpectedly grows by 0.2% in second quarter largely because of June weather boost
The British economy unexpectedly grew in the second quarter of the year largely as a result of a strong rebound in June when many businesses, particularly in the leisure sector benefited from the warm and settled weather
2023-08-11 14:52
Stock market today: Asian stocks decline after US inflation edges higher
Asian stock markets are lower after U.S. inflation edged higher, fueling unease about the outlook for the biggest global economy
2023-08-11 14:27
Worldcoin scans eyeballs and offers crypto. What to know about the project from OpenAI's CEO
Weeks after its international launch, Worldcoin is drawing the attention of privacy regulators around the world
2023-08-11 14:18
Illinois Supreme Court plans to rule on semiautomatic weapons ban
The Illinois Supreme Court plans to issue an opinion Friday on the state’s ban of the type of semiautomatic weapons used in hundreds of mass killings nationally, including the Independence Day 2022 shooting that killed seven and injured dozens in the Chicago suburb of Highland Park
2023-08-11 13:58
FTX founder Sam Bankman-Fried returns to New York as prosecutors push for his incarceration
FTX founder Sam Bankman-Fried is returning to New York City for a bail hearing
2023-08-11 12:23
EPA weighs formal review of vinyl chloride, toxic chemical that burned in Ohio train derailment
The Biden administration says it could soon launch a formal evaluation of risks posed by vinyl chloride, the cancer-causing chemical that burned in a towering plume of toxic smoke following the fiery train derailment in East Palestine, Ohio
2023-08-11 12:21
Singapore solar company plans major US manufacturing plant in New Mexico, pending federal loan
Singapore-based Maxeon Solar Technologies plans to build a major solar panel manufacturing plant in Albuquerque, pending approval of a loan application with the U.S. Department of Energy
2023-08-11 06:56
Fund sued over grant program for Black women enlists prominent civil rights attorneys to fight back
Attorneys for an Atlanta-based venture capital firm being sued over a grant program investing in Black women have vowed to fight back against the lawsuit calling it misguided and frivolous
2023-08-11 06:53
Family of Henrietta Lacks files new lawsuit over cells harvested without her consent
The family of Henrietta Lacks has filed another lawsuit accusing a second company of unjustly profiting off her cells for generations
2023-08-11 06:52
How to help or donate in response to the deadly wildfire in Maui
Many people are looking for ways to help the response to the deadly wildfires that swept through the Hawaiian island of Maui even as emergency operations continue on Thursday
2023-08-11 06:28