Biden urges UAW and Big Three automakers to reach deal to avoid strike
President Joe Biden sought to ramp up pressure on the United Auto Workers union and the nation's three unionized automakers -- Ford, General Motors, and Stellantis, known as the "Big Three" -- one month ahead of a critical deadline for labor talks.
2023-08-15 03:18
FDIC Chair Gruenberg calls for tougher regulations on large regional banks
The chair of the Federal Deposit Insurance Corporation wants more aggressive oversight of large regional banks.
2023-08-15 03:17
Burry, famous for 'Big Short,' bought bearish options against S&P, Nasdaq 100
By David Randall and Saqib Iqbal Ahmed NEW YORK (Reuters) -Michael Burry, the money manager made famous in the book
2023-08-15 02:45
US Federal Deposit Insurance Corp to propose 'comprehensive' changes to regional bank living wills
A coming regulatory proposal will overhaul how large, regional banks prepare living wills for the event of their
2023-08-15 02:27
US hedge funds dumped shares in Chinese companies in Q2
By Carolina Mandl NEW YORK U.S.-based hedge fund investors such as Coatue, D1 Capital and Scion cut their
2023-08-15 02:27
Federal officials are looking into another close call between planes, this time in San Diego
Federal officials are looking into another close call between planes, this time in San Diego
2023-08-15 02:22
Los Angeles Times Readers Names Curacao as The Best Shopping Destination in 2023 The Best of the Southland Awards
LOS ANGELES--(BUSINESS WIRE)--Aug 14, 2023--
2023-08-15 02:16
Biden's climate law has led to 86,000 new jobs and $132 billion in investment, new report says
A year after Democrats passed their sweeping $750 billion climate and health care law, it's leading to a surge of clean energy projects and job creation, according to a recent Bank of America report.
2023-08-15 01:59
Kraft Heinz CEO Patricio to become non-executive chair; Abrams-Rivera to become next CEO
Kraft Heinz says CEO Miguel Patricio will become non-executive chair of its board at the start of the new year, with Carlos Abrams-Rivera stepping into the top spot at the food products company at that time
2023-08-15 01:49
UBS to pay $1.4 billion for selling toxic mortgages prior to the Great Recession
The Justice Department announced on Monday that UBS has agreed to pay $1.4 billion in penalties for allegedly defrauding investors by selling mortgage-backed securities that blew up during the Great Recession.
2023-08-15 01:45
Hawaiian Electric Industries shares plunge amid deadly Maui wildfire scrutiny
(Reuters) -Hawaiian Electric Industries' shares plunged nearly 40% to a 13-year low in early trading on Monday amid growing scrutiny
2023-08-15 01:21
Biden says auto workers need "good jobs that can support a family" in union talks with carmakers
President Joe Biden is asking the major U.S. automakers and their workers’ union to reach an agreement that takes “every possible step to avoid painful plant closings” as the sector transitions to electric vehicles
2023-08-15 00:48