Sexual harassment, bullying and discrimination have long pervaded the FDIC, according to a blistering report on the agency’s culture that calls into question the leadership of Chairman Martin Gruenberg.
The S&P 500 and Dow rose 0.1% and 0.2%, respectively, with the broad-based index building on its recent rally. The Nasdaq slipped 0.1%
TikTok filed a federal lawsuit challenging the constitutionality of a new law that requires a sale or ban of the popular social-media app in the U.S.
Tom Zhu, who is credited with turning Tesla’s Shanghai factory into a stellar performer, is set to return to China, where the electric-vehicle maker’s sales have declined.
BP plans to cut at least $2 billion in costs after its profit was hit by lower oil and gas prices and an outage at a U.S. refinery.
Amazon.com said it would spend $9 billion to expand its cloud services in Singapore as global tech companies boost their data-center footprints in Asia.
Uber and Instacart formed an unlikely partnership that will allow customers to order Uber Eats restaurant food through the Instacart app.
Aramco’s first-quarter profit missed analysts’ forecasts following a lower volume of crude oil sold and weaker refining and chemicals margins.
CEOs are upbeat, and results are on the upswing. The somewhat slower job growth reported last week isn’t the same as a major downturn.
On-and-off talks to pause the fighting between Israel and Hamas are sending Gazans on an emotional roller coaster.
A New York judge struck a measure from the November ballot that Democrats had hoped would put the politically potent issue of abortion front and center for several competitive congressional elections.
The Biden administration said it had paused weapons destined for Israel, in Washington’s first formal rebuke to its top Middle East ally’s campaign against Hamas in Gaza.
Most Asian currencies weakened against USD in the morning session amid mild risk-off sentiment spurred by losses in some regional equity markets.
JGBs rose across the curve, tracking overnight gains in U.S. Treasurys. Both JGBs and Treasurys tend to move in tandem.
Perpetual will become a stand-alone, global multi-boutique asset management business with the sale of the separated corporate trust and wealth management divisions.
The Australian financial company will become a stand-alone, multi-boutique asset management business with the sale of its corporate trust and wealth management divisions to KKR.
The airline’s snaking preboard lines rankle frequent fliers, who believe some passengers are cheating the airline’s open seating system.
A mass unbundling of charges creates more surprise fees when it’s time to pay.
Oil edges lower in early Asian trade following news reports that Russian Deputy Prime Minister Alexander Novak indicated OPEC+ could move to increase crude production.
HD Hyundai Marine Solution’s shares surged in their trading debut after raising more than $540 million in South Korea’s biggest initial public offering in more than two years.
Gold edged higher in early Asian trade, supported by lingering hopes for Fed rate cuts, which would increase the appeal of the non-interest-bearing precious metal.
Japanese stocks were lower, dragged by falls in auto, electronics and brokerage stocks, amid caution ahead of earnings from big companies including Toyota Motor later in the day.
The dissident Georgia Republican vowed to force a motion on ousting the House speaker this week.
These San Diego homeowners hadn’t planned to renovate, but after significant water damage, they started from scratch. Inside the ‘California Modern’ space.
Steward landlord Medical Properties Trust has conditioned additional funds on regulatory approval of physician group sale.