Nissan reports surging profit amid strong sales, easing chip crunch
Japanese automaker Nissan is reporting a seven-fold surge in January-March profit and forecasting strong sales for this fiscal year riding on the popularity of its new model offerings
2023-05-11 17:25
Yellen: Different system needed to end repeated standoffs over US debt ceiling
Treasury Secretary Janet Yellen says that in her personal opinion, the United States should adopt a different system for national finances that might forestall repeated standoffs with Congress over spending
2023-05-11 16:28
How Europe is building artificial intelligence guardrails
Authorities around the world are racing to draw up rules for artificial intelligence, including in the European Union, where draft legislation faces a pivotal moment
2023-05-11 14:58
Bank of England set to raise UK interest rates to highest level since 2008
The Bank of England is set to raise interest rates to their highest level since late 2008 as it continues to combat stubbornly high inflation in the U.K. Financial markets expect the bank’s nine-member Monetary Policy Committee to lift its main interest rate by a quarter of a percentage point to 4.5% on Thursday
2023-05-11 14:15
Hong Kong newspaper Ming Pao to stop publishing political cartoon Zunzi after government complaints
A Hong Kong newspaper will stop publishing works by the city’s most prominent political cartoonist after his drawings drew government complaints
2023-05-11 13:52
South Korea to lift quarantine mandate for COVID-19 and end testing recommendation for travelers
South Korea will drop its COVID-19 quarantine requirements and end testing recommendations for international arrivals starting June 1
2023-05-11 11:17
G7 finance ministers tackle global economic challenges as Yellen seeks to reassure on debt standoff
The financial leaders of the Group of Seven wealthy nations are meeting in Japan as a standoff over the U.S. debt ceiling looms as one of the biggest potential threats to the global economy
2023-05-11 11:15
Amazon to receive $1 billion in tax breaks in eastern Oregon for new data centers
Officials in a rural county in northeastern Oregon have voted to give tax breaks worth an estimated $1 billion to Amazon for five more data centers there
2023-05-11 10:21
Why Ryan Reynolds, Snoop Dogg, other celebrities want to buy the Ottawa Senators
Multiple celebrities are in the mix for a minority ownership stake in the NHL’s Ottawa Senators
2023-05-11 08:56
Delaware judge refuses to dismiss Facebook shareholder suit over user data privacy breaches
A Delaware judge has refused to dismiss a shareholder lawsuit alleging that Facebook officers and directors violated both the law and their fiduciary duties in failing for years to protect the privacy of user data
2023-05-11 08:49
New Hampshire utility proposes transmission line from Canada to carry renewable power to New England
A New Hampshire electric utility is offering a new proposal for an electrical transmission line from Canada that would carry renewable power to New England
2023-05-11 07:58
New Mexico constitution focus of legal fight over oil and gas drilling
The nation's No. 2 oil-producing state is being sued over its alleged failure to meet constitutional provisions meant to protect against pollution from the industry
2023-05-11 07:52