United States

Solid Asia sets global stocks on extended rally, U.S. stimulus in focus

A rally in Asia put global equities on track for a seventh day of gains on Friday as investors bet…

5 years ago

Wall Street bank CEOs face fee criticism in second round with Congress

The heads of major U.S. retail banks faced renewed criticism Thursday from Democratic lawmakers who said financial institutions should not…

5 years ago

Biden pledges to tackle monopolies, supply shortages as prices rise

President Joe Biden pledged on Thursday toroot out anti-competitive business practices and ease construction materials shortages andtransportation backups that are…

5 years ago

U.S. chip subsidy effort faces pushback over China issues

A series of amendments for a $190 billion U.S. Senate bill aimed at countering China's technology challenge are in limbo…

5 years ago

EXCLUSIVE U.S. opens criminal probe into alleged lapses at Eli Lilly plant

The U.S. Justice Department has launched a criminal investigation into Eli Lilly and Co (LLY.N) focused on alleged manufacturing irregularities…

5 years ago

Asian stocks extend global rally to 7th day, U.S. stimulus in focus

Asian stocks put global equities on course for a seventh day of gains on Friday as investors bet the U.S.…

5 years ago

Wall Street edges up as weekly jobless claims fall

U.S. stocks advanced modestly on Thursday, as data showing improvement in the labor market helped fuel expectations the economy continues…

5 years ago

Swiss bank Julius Baer to pay $79.7 mln in FIFA corruption settlement

The Swiss bank Julius Baer (BAER.S)will pay $79.7 million in a settlement with the U.S. Department of Justice after being…

5 years ago

U.S. drivers to get hit by soaring pump prices over Memorial Day holiday

U.S. motorists will see the highest gasoline prices in seven years when they hit the roads this Memorial Day weekend,…

5 years ago

The little engine that could, and the oil giant that couldn’t

Last December, when a week-old hedge fund named Engine No. 1 challenged Exxon Mobil to change its ways, laughter echoed…

5 years ago