IRS throws a chill into collectives paying college athletes while claiming nonprofit status
The rapidly expanding landscape of nonprofit collectives paying college athletes to promote charities has been hit with a potentially seismic disruption
2023-06-30 21:19
Canada's economy unchanged in April, but likely surged 0.4% in May
OTTAWA (Reuters) -The Canadian economy was unchanged in April from March, missing forecasts, before likely rebounding with a 0.4% jump
2023-06-30 21:16
Novartis Sells Eye Drugs to Bausch for Up to $2.5 Billion
Novartis AG agreed to sell part of its portfolio of eye medicines to Bausch + Lomb Corp. in
2023-06-30 20:58
An inflation gauge tracked by the Federal Reserve falls to its lowest point in 2 years
An inflation index that is closely monitored by the Federal Reserve tumbled last month to its lowest level since April 2021, pulled down by lower gas prices and slower-rising food costs
2023-06-30 20:57
US consumer spending edges up in May; inflation still high
WASHINGTON U.S. consumer spending slowed sharply in May, but persistently strong underlying inflation pressures could compel the Federal
2023-06-30 20:51
Barclays Boosts US Parental Leave Policy to 16 Weeks for all Caregivers
Barclays Plc has updated its leave policy to provide at least 16 weeks for all new parents in
2023-06-30 20:27
Executives urge Europe to rethink its world-leading AI rules
More than 150 executives are urging the European Union to rethink the world’s most comprehensive rules for artificial intelligence
2023-06-30 20:22
Car Prices Are Starting to Ease as Pandemic Supply-Chain Issues Fade
The US new-car market is returning to pre-pandemic norms as supply-chain issues resolve, forcing carmakers to ramp up
2023-06-30 20:17
Bawag Slumps After Short Seller Petrus Urges Halt to Payouts
Bawag Group AG slumped the most in three years after activist investor Petrus Advisers disclosed a short position
2023-06-30 19:56
China raises relending, rediscounting quotas for farm sector, small firms by $27.5 billion
BEIJING China's central bank said on Friday it will increase its relending and rediscount quotas by 200 billion
2023-06-30 19:21
Kenya Seeks Private Investors to Build High Voltage Power Lines
Kenya is seeking private investment for 507 kilometers (315 miles) of electricity transmission lines to cut reliance on
2023-06-30 18:57
Swiss Chalets Become Target Amid East Europe’s Property Woes
Office developers in eastern Europe are setting their sights on projects far from their bread and butter like
2023-06-30 18:57