
Yellen set to ask Congress to lend more money to developing countries to counter China
US Treasury Secretary Janet Yellen is set to ask Congress to lend more money to developing countries to counter China's growing influence, according to a copy of her prepared remarks viewed by CNN.
2023-06-13 05:55

California’s $3.1 Billion Transit Bailout Forces Trade-Offs
California lawmakers agreed to provide billions of dollars to the state’s ailing mass transit systems as agencies face
2023-06-13 05:47

Berkshire Unit Must Pay Millions in Damages for Oregon Fires
A Berkshire Hathaway Inc. unit is liable for destruction caused by the 2020 Labor Day Fires in Oregon,
2023-06-13 05:20

Oracle Tops Sales Estimates as AI-Frenzy Spurs Cloud Demand
Oracle Corp. reported quarterly revenue that topped estimates, signaling the software maker’s cloud business is benefiting from heightened
2023-06-13 04:57

Cruise Stocks Climb as Wall Street Sees Strong Booking Demand
A trio of cruise-line operators jumped on Monday as analysts at Bank of America Corp. and JPMorgan Chase
2023-06-13 04:50

Instant Pot and Pyrex Maker Instant Brands Files for Bankruptcy
Instant Brands, maker of the Instant Pot pressure cooker and Pyrex glassware, filed for bankruptcy on Monday after
2023-06-13 04:47

Duke to Sell Renewables Unit to Brookfield for $2.8 Billion
Duke Energy Corp. agreed to sell a big portfolio of wind and solar farms to Brookfield Renewable for
2023-06-13 04:47

AI Hype Starting to ‘Smell Like Dot-Com Era,’ ESG Veteran Says
The exuberance surrounding artificial intelligence has driven a lot of capital into a small corner of the market
2023-06-13 03:28

Salesforce Touts AI Strategy, Doubles Investment in Startups
Salesforce Inc. is elevating new generative artificial intelligence features in its products and doubling its investment in AI
2023-06-13 03:23

Google’s Ad Tech Money-Machine Sparks EU Antitrust Charges
Google is set to be hit with a formal antitrust complaint from the European Union that could pave
2023-06-13 02:49

US Junk-Bond Maturities Shrink to Record Low as Debt Mountain Grows
US junk bonds have the shortest average time to maturity on record, signaling that companies will have large
2023-06-13 01:54

Gen Z and Millennials are scrimping. Boomers? Living it up
Baby Boomers are living it up, splurging on cruises and restaurants. Younger Americans are struggling just to keep up.
2023-06-13 01:18