Kraft Heinz CEO Patricio to become non-executive chair; Abrams-Rivera to become next CEO
Kraft Heinz says CEO Miguel Patricio will become non-executive chair of its board at the start of the new year, with Carlos Abrams-Rivera stepping into the top spot at the food products company at that time
2023-08-15 01:49
Biden's climate law has led to 86,000 new jobs and $132 billion in investment, new report says
A year after Democrats passed their sweeping $750 billion climate and health care law, it's leading to a surge of clean energy projects and job creation, according to a recent Bank of America report.
2023-08-15 01:48
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
Hawaiian Electric Industries shares plunge amid deadly Maui wildfire scrutiny
(Reuters) -Hawaiian Electric Industries' shares plunged nearly 40% to a 13-year low in early trading on Monday amid growing scrutiny
2023-08-15 01:28
Clarence Avant, ‘Black Godfather' of entertainment, and benefactor of athletes and politicians, dies
Clarence Avant, the manager, entrepreneur, facilitator and adviser who helped launch or guide the careers of Quincy Jones, Bill Withers and many others and came to be known as the "Black Godfather" of entertainment and beyond has died at 92
2023-08-15 00:58
Biden says auto workers need "good jobs that can support a family" in union talks with carmakers
President Joe Biden is asking the major U.S. automakers and their workers’ union to reach an agreement that takes “every possible step to avoid painful plant closings” as the sector transitions to electric vehicles
2023-08-15 00:57
Sunak Was Warned of Health Risk Posed by UK Migrant Barge Plan
UK health authorities and civil servants repeatedly warned Prime Minister Rishi Sunak’s government about the potential for an
2023-08-15 00:48
US Steel rejects buyout offer from rival Cleveland-Cliffs
Shares of US Steel soared Monday on news that rival Cleveland-Cliffs has proposed a purchase of the company, a move that would create the nation's largest steelmaker.
2023-08-15 00:18
Union leader: Cleveland-Cliffs is the best strategic buyer of U.S. Steel
By Bianca Flowers CHICAGO The United Steelworkers (USW) international president said on Monday that the union supports North
2023-08-15 00:15
Russia rouble: No panic but currency fall will hurt
There's no sense of alarm in Moscow over the exchange rate slide but Russians will be adversely affected.
2023-08-14 23:49
Here Are Javier Milei’s Proposals for Argentina
From ditching the struggling peso to eventually eliminating Argentina’s central bank, outsider presidential candidate Javier Milei has vowed
2023-08-14 23:45
Near-Term Inflation Outlook at Lowest Since 2021 in Fed Survey
US consumers’ near-term inflation expectations declined in July for a fourth month, reaching the lowest level since April
2023-08-14 23:29