Hawaiian Electric stock plummets as lawsuits mount and talk of restructuring grows
Shares of Hawaiian Electric Industries tumbled more than 20% on Thursday following a report that the largest power provider in Hawaii could be considering restructuring as it faces an onslaught of costly lawsuits for the role it may have played in Maui's devastating wildfires.
2023-08-18 01:23
Trucking firm Estes Express submits $1.3 billion bid for Yellow's shipment centers
NEW YORK Trucking firm Estes Express has submitted a $1.3 billion bid to acquire bankrupt Yellow Corp's shipment
2023-08-18 01:17
Tesla Didn’t Fix Autopilot After Fatal Crash, Engineers Say
Tesla Inc. failed to fix limitations in its Autopilot system following a gruesome Florida crash that killed a
2023-08-18 01:16
Average long-term US mortgage rate climbs to 7.09% this week to highest level in more than 20 years
The average long-term U.S. mortgage rate jumped this week to its highest level in 20 years, grim news for would-be homebuyers already facing high home prices caused a lack of supply
2023-08-18 00:52
Ford, partners pick Canada for $900 million battery materials plant
By Steve Scherer OTTAWA (Reuters) -A consortium of Ford Motor Co and South Korean companies on Thursday said they would
2023-08-18 00:49
Bitcoin Touches an Almost 2-Month Low as Rate Concern Lingers
Bitcoin reached an almost two-month low as risk aversion weighs on the cryptocurrency market with global government bond
2023-08-18 00:20
Starbucks must pay another $2.7 million to employee who said she was fired for being White
A New Jersey court ordered Starbucks to pay an additional $2.7 million to a former employee who successfully sued the company for wrongful termination, claiming she was fired for being White.
2023-08-18 00:17
How Biden Impeachment Talk Is Dividing Republicans With Eye on 2024 Races
Congressional Republicans are divided over whether the House should embark on an impeachment inquiry involving President Joe Biden
2023-08-17 23:57
A large health insurer is trying a new way to lower drug costs for millions of members
A major California health insurer is shaking up the prescription drug pricing system as it seeks to lower the cost of medication for its 4.8 million members.
2023-08-17 23:52
Nigeria Bonds Jump as Big Corporate Loan Boosts Dollar Liquidity
The price of Nigerian government dollar bonds jumped after the country’s state-owned energy company obtained a $3 billion
2023-08-17 23:47
Fed Staff Grow Wary of Asset-Price Risks Following Stock Run-Up
Federal Reserve staff have become more wary about the risks that elevated asset prices pose to financial stability
2023-08-17 23:20
UK’s Benchmark Bond Yield Hits 2008 High in Global Debt Selloff
UK government bonds slid to send benchmark yields to the highest since 2008, on concerns major central banks
2023-08-17 23:20