Bud Light, top US seller since 2001, loses sales crown to Modelo as backlash continues
After more than two decades as America’s best-selling beer, Bud Light has slipped into second place
2023-06-15 03:17
What you should know as the Fed gets closer to the peak of its rate-hiking cycle
The Federal Reserve’s decision to leave interest rates alone for the first time in 11 meetings raises hopes that it may be at least nearing the end of its rate-hiking campaign to cool inflation
2023-06-15 02:55
MGM says it did nothing wrong as 'fraudster' gambled online
Gambling giant MGM Resorts International says it did nothing wrong in its dealings with a New York City man who accuses it of preying on his gambling addiction with repeated cash bonuses intended to keep him gambling
2023-06-15 01:54
Elizabeth Holmes objects to $250 monthly restitution payments proposed by government
Federal prosecutors are seeking for Elizabeth Holmes to pay a monthly amount of $250 to victims of her failed blood testing startup after she leaves prison — but her attorneys have pushed back, and cited the ex-Theranos CEO’s “limited financial resources.”
2023-06-15 01:17
New airline planes will be required to have secondary barriers to the cockpit to protect pilots
It will be harder to break into the cockpit on new airline planes
2023-06-15 00:15
Stove wars: Republican-controlled House takes up bills to protect gas stoves
The Republican-controlled House is taking up legislation that GOP lawmakers say would protect gas stoves from over-zealous government regulators
2023-06-14 23:53
Germany says climate measures will narrow but not fully close the country's emissions gap by 2030
German officials say that an array of climate measures being introduced by the government will bring the country closer but not all the way toward meeting its national goals for cutting greenhouse gas emissions by 2030
2023-06-14 23:48
Agribusiness giant Cargill not doing enough to fight deforestation, protect human rights, group says
A coalition of activist groups and researchers has released a report it hopes will increase pressure on agribusiness giant Cargill to do more to fight deforestation and human rights abuse
2023-06-14 23:16
IA chip race heats up as AMD introduces rival to Nvidia technology
Advanced Micro Devices has revealed a new artificial intelligence chip in its race to compete with fellow chipmaker Nvidia in supplying the foundation for a boom in AI-fueled business tools
2023-06-14 22:26
The Federal Reserve will likely leave interest rates alone for the first time in 15 months
The Federal Reserve, having raised interest rates at the fastest pace in four decades, is poised Wednesday to leave rates alone for the first time in 15 months to allow time to gauge the impact of its aggressive drive to tame inflation
2023-06-14 21:46
Inflationary pressures continue to ease, producer prices drop 0.3% from April to May
Wholesale prices in the United States dropped 0.3% from April to May, another sign that inflationary pressures continue to ease in the face of repeated interest rate hikes by the Federal Reserve
2023-06-14 20:59
Shell ditches lower oil production target but insists it's committed to cutting emissions
Shell has effectively abandoned a plan to cut oil production by 1-2% per year until the end of the decade
2023-06-14 20:29
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