New York City's pension funds and state of Oregon sue Fox Corporation over 2020 election lies
New York City's pension funds and the state of Oregon took legal action on Tuesday against Fox Corporation, alleging in a lawsuit that the Fox News parent company failed shareholders by allowing the right-wing channel to recklessly spread lies about the 2020 election that opened it up to a pair of historic defamation cases.
2023-09-13 06:57
Watchdog agency increases its pandemic unemployment benefits fraud estimate to as much as $135 billion
As much as $135 billion in fraudulent Covid-19 pandemic unemployment insurance claims were likely paid out, according to a report released Tuesday by the US Government Accountability Office.
2023-09-13 06:50
US looks to offload $13 billion of mortgage bonds seized from SVB, Signature - Bloomberg News
The U.S. government is looking to offload nearly $13 billion of mortgage bonds it amassed from Silicon Valley
2023-09-13 06:30
JPMorgan strategists say US stock valuations at risk from high interest rates
NEW YORK After big gains for the U.S. stock market this year, equity valuations could come under pressure
2023-09-13 06:15
Wall Street bosses see deal drought easing as IPOs spur optimism
By Tatiana Bautzer NEW YORK Wall Street investment bankers are optimistic that dealmaking will pick up as new
2023-09-13 05:59
SEC sues Virtu Financial over failure to safeguard customer information
NEW YORK The U.S. Securities and Exchange Commission on Tuesday sued Virtu Financial, accusing the large market maker
2023-09-13 05:55
Former NFL reporter Jim Trotter sues league for racial discrimination
Former National Football League reporter Jim Trotter filed a discrimination lawsuit against the NFL and NFL Media Tuesday, alleging that he was let go by the football league because he publicly challenged Commissioner Roger Goodell and other executives on the NFL's "record of race discrimination and lack of diversity."
2023-09-13 05:51
DoubleLine's Gundlach expects Fed rate cuts in first half of 2024
DoubleLine Capital CEO Jeff Gundlach expects the U.S. Federal Reserve to cut benchmark rates in the first half
2023-09-13 05:28
Trump Org. announces sale of New York City golf course
The Trump Organization said it sold its lease for a New York golf course with sweeping views of Manhattan to Bally's Corporation, ending several years of controversy.
2023-09-13 04:47
US banks say regulators broke law as fight over proposed capital rules escalates
By Pete Schroeder WASHINGTON (Reuters) -U.S. bank groups on Tuesday accused the Federal Reserve and other regulators of violating federal
2023-09-13 03:49
BP CEO resigns after probe reveals undisclosed relationships with colleagues
BP CEO Bernard Looney has resigned after admitting that he had not been "fully transparent" about "historical relationships with colleagues," according to a statement from the oil giant on Tuesday.
2023-09-13 03:48
Elon Musk should be forced to testify on X's 'chaotic environment,' US regulator tells court
Elon Musk should be forced to testify in an expansive US government probe of X, the company formerly known as Twitter, the US government said.
2023-09-13 03:24