GM, Ford layoff 500 more workers, blaming strike

General Motors and Ford are laying off 500 additional workers between them, blaming the expansion of the strike announced by the United Auto Workers union at those companies on Friday.

2023-10-03 23:55

PacWest Bank shares fall 30% as crisis prompts customers to yank deposits

Shares of PacWest Bancorp fell 30% and were halted for volatility Thursday morning after the regional bank reported that customers had recently drawn down about 9.5% of total deposits.

2023-05-11 21:56

Russia to widen scope of digital rouble testing from Aug. 15 -central bank

By Elena Fabrichnaya MOSCOW Russia will begin piloting its digital rouble with consumers on Aug. 15 after a

2023-08-09 20:59

Italy Survives S&P Scrutiny Staying Two Steps Above Junk

Italy remains at two levels above junk at S&P Global Ratings after Giorgia Meloni’s government weathered the first

2023-10-21 15:26

Atlanta High School Entrepreneurs Benz and Popo Are Empowering Teens Globally During International Strategic Thinking Month

ATLANTA--(BUSINESS WIRE)--Sep 26, 2023--

2023-09-27 03:24

Bank Capital Rules’ Clampdown on Mortgages Raises Borrower Fears

A sweeping overhaul of bank capital rules proposed by regulators includes changes to requirements for residential mortgages that

2023-07-28 02:57

Russian drone strikes on the Odesa region cause fires at port

The Ukrainian military says that Russian troops have hit port infrastructure in Ukraine’s Odesa region with Shahed drones overnight

2023-08-02 15:22

Deutsche Bank’s DWS Group Falls After Inflows Miss Estimates

Shares of DWS Group declined the most in more than three months after the asset-management arm of Deutsche

2023-10-25 17:17

Israel Latest: Netanyahu Under Pressure as Ground War Expands

Israel widened its ground offensive in Gaza as Prime Minister Benjamin Netanyahu came under criticism over his unwillingness

2023-10-30 08:15

Privatized Britain’s Debt Load Is Now a Major Government Problem

For decades since they were privatized, the UK’s public service providers have favored inflation-linked bonds as a cheap

2023-07-09 13:24

Druva Supercharges Autonomous Protection With Generative AI

SANTA CLARA, Calif.--(BUSINESS WIRE)--Oct 19, 2023--

2023-10-19 21:25

Crest Nicholson Cuts Guidance as Mortgage Pain Persists

Crest Nicholson Holdings Plc cut its full-year outlook, saying trading conditions for the housing market worsened during the

2023-08-21 15:23