Alphabet’s $118 Billion Cash Pile Poses a New Problem
Alphabet Inc. is facing a new and, by most accounts, welcome problem — how to spend its rapidly
2023-08-11 17:55
Coach Beat Michael Kors in the Handbag Wars. Now It Has to Fix It
Tapestry Inc., with Coach, and Capri Holdings Ltd., with Michael Kors, have been battling for nearly a decade
2023-08-11 17:52
Biden administration to invest $1.2 billion in projects to suck carbon out of the air
The Biden administration will announce on Friday its first major investment to kickstart the US carbon removal industry -- something energy experts say is key to getting the country's planet-warming emissions under control.
2023-08-11 17:26
Biden Bets Billions on Tech That Sucks Carbon Out of the Air
The Biden administration is throwing its weight behind technology that sucks planet-warming carbon dioxide out of the air,
2023-08-11 17:24
Train Derails in Swiss Gotthard Tunnel, Halting Key Freight Route
A freight train derailed in the Gotthard tunnel in Switzerland, blocking passage through a key route linking Northern
2023-08-11 16:45
Huawei’s Sales Grow Again as New Arenas Mitigate Sanctions Hit
Huawei Technologies Co. grew sales for a third straight quarter, after new businesses like cloud services and a
2023-08-11 16:27
Eskom Latest: Utility ‘Confident’ Nuclear Unit Fixed by November
South Africa’s Eskom Holdings SOC Ltd. expects to finish maintenance on the first of two units at its
2023-08-11 16:19
Turkey Posts First Current-Account Surplus in Almost Two Years
Turkey’s current account moved into surplus for the first time in nearly two years, as a boom in
2023-08-11 15:49
Italy to Get up to 20% of Telecom Italia Network in KKR Deal
KKR & Co. signed a memorandum of understanding with Italy to include the government in its €23 billion
2023-08-11 15:21
UBS Ends $10 Billion State Backstop That Helped Seal Merger
UBS Group AG decided to end an agreement with the Swiss government to cover losses it could incur
2023-08-11 14:27
Chinese property giant Country Garden flags loss of up to $7.6 billion as it nears default
One of China's biggest property developers says it has burned through up to $7.6 billion in the first half of the year, compounding the crisis coursing through the country's embattled real estate sector.
2023-08-11 14:21
Hong Kong Foreclosures Surge Most in Five Years, Centaline Says
Hong Kong July foreclosures surged the most in more than five years, as higher rates pinched homeowners’ ability
2023-08-11 13:58