First US Small Nuke Project Canceled After Costs Surge 53%
NuScale Power Corp., the first company with US approval for a small nuclear reactor design, is canceling plans
2023-11-10 00:24
Koch Foods Settles Antitrust Claims Over Chicken Contracts With DOJ
Koch Foods Inc. reached an agreement with the Department of Justice to settle claims on anticompetitive practices in
2023-11-10 00:22
Fed’s Barkin, Bostic Say Full Impact of Rate Hikes to Come
Two Federal Reserve officials said the US economy still hasn’t felt the full effect of past interest-rate increases,
2023-11-10 00:18
Wirecard Scars Push Watchdog BaFin to Crack Down on Fintechs
The regulator’s letter was scathing, a laundry list of failings ranging from insufficient controls to flawed risk management
2023-11-09 23:55
Novavax Plans to Cut Costs by Another $300 Million
Covid-19 vaccine maker Novavax Inc. slashed its sales forecast and said it’s ready to cut at least another
2023-11-09 23:53
Microsoft Record Leads $1.5 Trillion Nasdaq Surge
Wall Street’s so-called Magnificent Seven has been living up to its name again, but none more so than
2023-11-09 22:57
Nordic Banks Face Latvian Hit From Planned Mortgage Rate Cut
Latvia’s parliament is poised to pass legislation that would slash mortgage interest rates for one year and leave
2023-11-09 22:55
US Continuing Jobless Claims Rise for Seventh Straight Week
Recurring applications for US unemployment benefits rose for a seventh straight week, adding to evidence that the labor
2023-11-09 22:23
Russian Strike on Merchant Ship Threatens Ukraine's Exports
A Russian missile strike on a commercial ship at a major Ukrainian Black Sea port is adding to
2023-11-09 21:51
Mexico Inflation Hits 32-Month Low as Banxico Meets on Rates
Mexico’s annual inflation slowed in line with expectations in October, giving the central bank some maneuvering room as
2023-11-09 21:30
Dollar Shortage Spurs 44% Devaluation in Malawi’s Currency
Malawi devalued its currency by 44% amid a shortage of dollars that has curbed imports of fuel and
2023-11-09 21:17
Apple Risks $14 Billion Tax Bill in Setback at Top EU Court
Apple Inc. risks having to pay a €13 billion ($14 billion) tax bill to Ireland after an adviser
2023-11-09 20:15