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UBS to pay $1.4 billion for selling toxic mortgages prior to the Great Recession
UBS to pay $1.4 billion for selling toxic mortgages prior to the Great Recession
The Justice Department announced on Monday that UBS has agreed to pay $1.4 billion in penalties for allegedly defrauding investors by selling mortgage-backed securities that blew up during the Great Recession.
2023-08-15 01:48
Saudis Boost Most Oil Prices to Asia, Europe as Market Tightens
Saudis Boost Most Oil Prices to Asia, Europe as Market Tightens
Saudi Arabia raised nearly all oil prices for September to Asia and Europe as supply restrictions and rising
2023-08-06 00:16
UK court concludes teenager behind huge hacking campaign
UK court concludes teenager behind huge hacking campaign
A UK court on Wednesday found a teenager responsible for a hacking campaign that included one of the biggest breaches in the history of...
2023-08-23 23:53
Toyota Halts 12 Plants on Glitch; Doesn’t Suspect Cyberattack
Toyota Halts 12 Plants on Glitch; Doesn’t Suspect Cyberattack
Toyota Motor Corp. has suspended operations at 12 of 14 plants in Japan due to a systems glitch.
2023-08-29 10:28
Debt-Limit Talks to Intensify as Biden Set to Depart for Japan
Debt-Limit Talks to Intensify as Biden Set to Depart for Japan
Debt-ceiling talks between White House and congressional aides are set to intensify as negotiators seek a framework agreement
2023-05-17 12:19
Blinken Meets China’s Top Diplomat After Positive Start to Trip
Blinken Meets China’s Top Diplomat After Positive Start to Trip
US Secretary of State Antony Blinken met China’s top foreign policy official in Beijing, as the world’s largest
2023-06-19 10:51
PJT Hires Ex-JPMorgan Infrastructure Banker Anand Narayan
PJT Hires Ex-JPMorgan Infrastructure Banker Anand Narayan
PJT Partners Inc. has hired Anand Narayan, who was previously JPMorgan Chase & Co.’s most senior banker covering
2023-06-21 01:54
More than 1.5 million dehumidifiers recalled for fire and burn hazards
More than 1.5 million dehumidifiers recalled for fire and burn hazards
Chinese home appliance manufacturer Gree is recalling 1.56 million humidifiers for fire and burn hazards, including reports of 23 units catching on fire, the US Consumer Product Safety Commission announced Wednesday.
2023-08-17 08:22
Cathay Pacific fires cabin crew over alleged discrimination of passenger on flight from China
Cathay Pacific fires cabin crew over alleged discrimination of passenger on flight from China
Cathay Pacific Airways said Tuesday it had fired three cabin crew members after a passenger complained of discrimination on a flight from mainland China, an incident that angered Hong Kong officials and underscored the pressure on the city's flag carrier to please Beijing.
2023-05-24 15:15
Israel Latest: Israel Strikes Syria After Drone Attack on Eilat
Israel Latest: Israel Strikes Syria After Drone Attack on Eilat
Israel said it struck back at an organization from Syria that targeted a school in the southern city
2023-11-10 14:17
Best Buy posts mixed 1Q results but gadget slump will bottom out as shoppers replace their devices.
Best Buy posts mixed 1Q results but gadget slump will bottom out as shoppers replace their devices.
Best Buy turned in a first-quarter profit that beat Wall Street expectations, while the nation’s largest consumer electronics chain continued to wrestle with weak consumer demand for gadgets
2023-05-25 23:48
Yen breaks above 145/$ level in choppy trading, dollar firm
Yen breaks above 145/$ level in choppy trading, dollar firm
By Ankur Banerjee SINGAPORE The yen was volatile on Monday after slipping to its lowest for the year
2023-08-14 10:16