BlackRock made a climate pledge. Then it appointed a Saudi oil executive to its board
BlackRock, the world's biggest asset manager, said Monday it has appointed Amin Nasser, chief executive of oil giant Saudi Aramco, to its board of directors — despite the New York-based firm's pledge to accelerate investment in climate-friendly companies.
2023-07-19 01:19
TikTok needs to do more to comply with Europe's new digital rules, official says
A top EU official says TikTok needs to do more to get ready for new European Union digital rules taking effect next month aimed at keeping users safe online
2023-07-19 01:16
Tesla directors to return more than $735 million to company to settle suit challenging compensation
Current and former directors of Tesla Inc. have agreed to return more than $735 million to the electric-vehicle maker to settle a shareholder lawsuit alleging that they unjustly enriched themselves with excessive compensation
2023-07-19 00:45
Cybersecurity labeling for smart devices aims to help people choose those less vulnerable to hacking
The Biden administration and major consumer tech players are launching an effort to put a nationwide cybersecurity certification and labeling program in place
2023-07-19 00:28
Taco Bell and Taco John's drop their 'Taco Tuesday' fight
Taco John's, the regional chain that has "Taco Tuesday" trademarked, announced Tuesday that it's ending its fight in defending the phrase and will "abandon" it because it doesn't want to pay the legal fees that come with a fight against Taco Bell.
2023-07-19 00:22
Bank of America 2Q net income jumps 19%, extending the rally for big banks
Bank of America said its profits grew 19% last quarter, the latest of the big banks to see its bottom line boosted by higher interest rates
2023-07-19 00:18
Gas leaked from bad fitting at Pennsylvania chocolate factory where 7 died in blast, report says
Federal safety investigators say they've determined that natural gas was leaking from a defective fitting at a Pennsylvania chocolate factory where a powerful explosion killed seven people
2023-07-19 00:17
Spain fines Apple and Amazon $218 million for elbowing out small retailers
Amazon and Apple have been fined a total of $218 million after Spanish regulators say they colluded to box out competitors by favoring sales of Apple products directly from the online retail giant
2023-07-18 23:53
Healthy US consumers shrug off recession concerns, for now
By Nupur Anand NEW YORK U.S. consumers are still keeping up with their loan payments despite rising costs
2023-07-18 23:52
Americans bump up spending in June as inflation eases in a strong jobs market
Americans increased their spending last month as inflation eased in many areas, and the job market remained remarkably strong
2023-07-18 23:29
G20 finance chiefs end their meeting in India without consensus on the war in Ukraine
A meeting in India of finance chiefs and central bank governors of the Group of 20 leading economies has ended without consensus because of differences over the war in Ukraine
2023-07-18 23:21
In-N-Out bans mask wearing for employees in some states
In-N-Out employees in five US states will no longer be allowed to wear masks as part of new company guidelines that "emphasize the importance of customer service," notably showing their smiles, according to a new policy issued by the fast food chain.
2023-07-18 23:19