Europe's banks are bracing for a wave of defaults
Some of Europe's biggest banks are setting aside more cash to absorb potential losses on loans, as rising interest rates increase pressure on borrowers.
2023-07-28 00:27
Kering takes 30% stake in Italian luxury brand Valentino
PARIS French luxury group Kering, which is struggling to revive sales at its star brand Gucci, said on
2023-07-28 00:22
L'Oreal upbeat on China despite market's softer rebound
By Mimosa Spencer PARIS Second-quarter sales at French cosmetics giant L'Oreal slightly beat expectations, as a rebound in
2023-07-28 00:18
Yellow Corp trucking company shares plunge as bankruptcy looms
The end may be close for Yellow Corp, a nearly century-old trucking company with 30,000 employees.
2023-07-28 00:00
The US economy grew stronger than expected in the second quarter, but consumers are pulling back
The US economy picked up steam in the second quarter despite punishing rate hikes and still-high inflation, the Commerce Department reported Thursday.
2023-07-27 23:58
US Senator Wyden asks FTC, CISA, DOJ to 'take action' against Microsoft following hack
Oregon Senator Ron Wyden has asked the Federal Trade Commission, the Cybersecurity and Infrastructure Security Agency and the
2023-07-27 23:52
US senators Warren, Graham kick off bipartisan anti-Big Tech push
By Diane Bartz WASHINGTON U.S. senators Elizabeth Warren, a Democrat, and Lindsey Graham, a Republican, said on Thursday
2023-07-27 23:48
Supreme Court Lets Work Resume on Gas Pipeline Backed by Manchin
The US Supreme Court cleared the way for Equitrans Midstream Corp. to resume construction on its controversial Mountain
2023-07-27 23:26
The Dow is on pace to do something today it hasn't done since 1897
The Dow is on pace for its best run in 126 years.
2023-07-27 23:23
World Set for Hottest Month Ever as Climate Change Sears Planet
July is set to become the world’s hottest month on record, as fossil fuel emissions drive climate change
2023-07-27 22:58
US congressional committee fails to reach deal on stablecoin bill, chair says
By Hannah Lang The top Republican and Democrat on the U.S. House Financial Services committee on Thursday said
2023-07-27 22:54
US Supreme Court removes obstacle to Mountain Valley Pipeline
By John Kruzel WASHINGTON The U.S. Supreme Court on Thursday removed an obstacle to completing the long-delayed Mountain
2023-07-27 22:52