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
Biden nominates the first Latino to the Federal Reserve
President Joe Biden on Friday nominated economist and World Bank official Adriana Kugler to join the Federal Reserve's powerful Board of Governors and Philip Jefferson to be the central bank's vice chair.
2023-05-12 23:52
US Chamber of Commerce sues securities regulator over new share buyback rule
By Chris Prentice NEW YORK A powerful U.S. business lobby group said it sued the Securities and Exchange
2023-05-12 23:25
Netflix plans to cut spending by $300 million this year - WSJ
Netflix Inc plans to cut its spending by $300 million this year, the Wall Street Journal reported on
2023-05-12 23:23
Air Canada Beats Revenue Forecasts, Plans 23% Capacity Boost
Air Canada broke even in the first quarter, taking advantage of pent-up demand for travel and lower fuel
2023-05-12 23:22
Lawsuit Targeting Shell Board Over Climate Failures Thrown Out
A London judge dismissed a lawsuit accusing Shell Plc’s board members of failing to manage climate change risks.
2023-05-12 23:16
European Gas Tumbles in Longest Run of Weekly Losses Since 2020
European natural gas dropped on Friday in its longest run of weekly declines in more than three years,
2023-05-12 23:15
HSBC to pay $75 million in penalties to settle U.S. CFTC charges
By Chris Prentice NEW YORK (Reuters) -Units of HSBC Holdings Plc have agreed to pay $75 million to settle U.S.
2023-05-12 22:48
Global equity funds see 4th week of outflows on slowdown worries
By Patturaja Murugaboopathy Global equity funds witnessed a fourth successive weekly outflow in the week ended May 10,
2023-05-12 22:48
US consumer sentiment drops to six-month low in May
WASHINGTON U.S. consumer sentiment slumped to a six-month low in May as a standoff to raise the federal
2023-05-12 22:46
As US Border Crossings Jump, Biden Asks Latin America for Help. It’s a Tough Sell
President Joe Biden wants to share the burden of an increase in migration with other nations along the
2023-05-12 22:29