Credit Suisse to Shutter Houston Office as Part of UBS Takeover
Credit Suisse Group AG is closing its office in Houston as part of the bank’s emergency takeover by
2023-08-02 07:59
US Credit Rating Downgraded From AAA by Fitch
The US was stripped of its top-tier sovereign credit grade by Fitch Ratings, which criticized the country’s ballooning
2023-08-02 07:57
US Credit Downgrade by Fitch Attacked as Baseless by Biden Officials
Biden administration officials objected strenuously to a decision by Fitch Ratings to strip the US of its top-tier
2023-08-02 07:54
Ukraine Recap: Drones Target Russia as Strikes Intensify
Russia shot down two Ukrainian drones over the Moscow region and jammed a third, part of an intensifying
2023-08-02 03:20
Bitcoin Turns Less Volatile Than S&P 500, Tech Stocks and Gold
Bitcoin trading volume tumbled last month amid waning volatility and little notable price swings in a market that
2023-08-02 00:28
China Says 20 Died in Floods as Storms Sweep Northern Areas
Parts of northern China are grappling with the impact of intense flooding as the death toll rose to
2023-08-02 00:20
CVS to Cut 5,000 Jobs Amid Shift Away From Retail Focus
CVS Health Corp. will cut 5,000 positions from its workforce to help cut costs as the drugstore chain
2023-08-02 00:16
Ford Restarts EV Truck Plant as Price Cuts Spark More Demand
Ford Motor Co. restarted production of F-150 electric Lightning pickup truck as it bets price cuts will spark
2023-08-01 23:46
Ratings Firms Struggle With Climate Risk in $133 Trillion Market
With 46 straight days of 100-degree heat and coastal waters approaching hot-tub temperatures, Miami can seem like a
2023-08-01 22:47
European Stocks Drop as Earnings Season Weighs; BMW Drags Autos
European stocks dropped on Tuesday as the worst earnings season since 2020 rolled on. BMW AG led auto
2023-08-01 21:56
Merck Raises 2023 Sales Forecast as Cancer Drug Keytruda, Gardasil Vaccine Surge
Merck & Co.’s Keytruda and Gardasil soundly beat analysts’ estimates for quarterly sales, driving the company’s annual revenue
2023-08-01 19:29
Pfizer Misses Quarterly Sales Estimates, Lowering Outlook
Pfizer Inc. missed revenue estimates for the second quarter as sales of its Covid pill fell drastically short
2023-08-01 19:20