Autoworkers add key Stellantis pickup truck plant to strikes, shutting down big profit center
The United Auto Workers union has once again escalated its strikes against Detroit Three automakers, this time adding a factory that makes Ram pickup trucks for Stellantis
2023-10-23 22:46
The yield on a 10-year Treasury reached 5% for the 1st time since 2007. Here's why that matters
The yield on the 10-year Treasury has reached 5% for the first time since 2007
2023-10-23 21:16
Chevron buys Hess for $53 billion, 2nd buyout among major producers this month as oil prices surge
Chevron is buying Hess Corp. for $53 billion as the biggest U.S. oil companies use a recent windfall in profits to buy up smaller competitors
2023-10-23 18:58
A Swiss populist party rebounds and the Greens sink in the election. That's a big change from 2019
Official results in Switzerland election show that the anti-immigration populist Swiss People’s Party has rebounded from searing losses four years ago to cement and expand its hold as the largest faction after the parliamentary election
2023-10-23 18:53
Chevron to buy Hess Corp for $53 billion in all-stock deal
Chevron Corp said on Monday it will buy smaller rival Hess Corp in a $53-billion all-stock deal, as
2023-10-23 18:18
UAW's confrontational leader makes gains in strike talks, but some wonder: Has he reached too far?
Throughout its 5-week-old strikes against Detroit’s automakers, the United Auto Workers union has cast an emphatically combative stance, reflecting the style of its pugnacious leader, Shawn Fain
2023-10-23 18:16
President Joe Biden is naming 'tech hubs' for 32 states, Puerto Rico to help industry, create jobs
The Biden administration is designating 31 so-called tech hubs that reach 32 states and Puerto Rico
2023-10-23 17:18
A price cap on Russian oil aims to starve Putin of cash. But it's largely been untested. Until now
Prices for Russian oil have risen well above a price cap imposed by Western allies as part of sanctions over the invasion of Ukraine
2023-10-23 14:57
Stock market today: Asian stocks fall as concerns rise over Israel-Hamas war and high yields
Asian shares have started the week lower, as higher risks of broader conflict in the Middle East cloud market sentiment and bond yields continue to rise
2023-10-23 13:29
Japan's Kishida plans an income tax cut for households and corporate tax breaks
Japan’s Prime Minister Fumio Kishida says he is preparing to take bold economic measures, including an income tax cut for households hit by inflation and tax breaks for companies to promote investment
2023-10-23 13:16
China crackdown on cyber scams in Southeast Asia nets thousands but leaves networks intact
Tens of thousands of people, many of them Chinese, have been caught up in cyber scams based in Southeast Asia
2023-10-23 11:25
Deal to force multinational companies to pay a 15% minimum tax is marred by loopholes, watchdog says
An ambitious 2021 agreement by more than 140 countries and territories to weed out tax havens and force multinational corporations to pay a minimum tax has been weakened by loopholes and will raise only a fraction of the revenue that was envisioned, a tax watchdog backed by the European Union has warned
2023-10-23 06:29