US equity funds see massive outflows on debt ceiling worries
U.S. equity funds faced huge outflows in the week ended May 10, on caution over the U.S. debt
2023-05-13 00:54
Virgin Orbit plans to move back deadline for bidders - source
By Joey Roulette Satellite launch company Virgin Orbit is planning to move back the deadline for prospective bidders
2023-05-13 00:53
Biden nominates Philip Jefferson to number 2 spot at the Fed
US President Joe Biden nominated Philip Jefferson to the number two job at the Federal Reserve Friday, a position left vacant since Lael Brainard left...
2023-05-13 00:52
Musk picks ad exec Linda Yaccarino as Twitter CEO
Elon Musk has chosen top ad executive Linda Yaccarino to take the day-to-day reins of Twitter as he fights to reverse the tide at the struggling platform he...
2023-05-13 00:45
American consumers are growing worried about a US debt default
US consumer sentiment worsened in May as Americans grew concerned about the economy's direction and a potential default of the US government's debt, according to a preliminary report from the University of Michigan Friday.
2023-05-13 00:19
Biden taps Philip Jefferson to be Fed's vice chair, Adriana Kugler as first Hispanic on Fed board
President Joe Biden has nominated Philip Jefferson, a member of the Federal Reserve’s Board of Governors, to serve as vice chair of the board
2023-05-13 00:17
CRN Spotlights Twenty-Four Ingram Micro Executives on the 2023 Women of the Channel List; Honors Three to Power 100
IRVINE, Calif.--(BUSINESS WIRE)--May 12, 2023--
2023-05-12 23:59
Google to pay $8 million to settle claims of deceptive ads -- Texas AG
WASHINGTON Google, a unit of Alphabet, has agreed to pay $8 million to settle claims it used deceptive
2023-05-12 23:58
Battery makers turn northern French region into 'electric valley'
Global battery makers are turning a formerly depressed northern French region into a 21st-century manufacturing hub and a key European...
2023-05-12 23:58
More red ink: Congressional budget agency projects bigger deficits as debt talks continue
The Congressional Budget Office says this year’s projected federal budget deficit has jumped by $130 billion
2023-05-12 23:57
China orders recall of 1.1M Teslas to fix accelerator pedal problem that raises crash risk
Chinese safety regulators have ordered Tesla to recall 1.1 million vehicles because drivers might step on the accelerator for too long, increasing the risk of a crash
2023-05-12 23:54
Race teams ask NASCAR for ‘meaningful’ talks as their business model dispute skids toward summer
The fight between NASCAR and its teams over a new revenue model led the owners of 16 organizations to send a letter to NASCAR’s board of directors asking for “meaningful dialog” regarding the franchise model system
2023-05-12 23:53