Privately held Esmark makes offer for US Steel, sets up bidding contest for iconic steelmaker
Industrial conglomerate Esmark says it has made an all-cash bid to buy U.S. Steel that values the iconic steelmaker at $7.8 billion
2023-08-15 06:53
How -- and when -- is best to donate to those affected by the Maui wildfires?
The destruction and suffering caused by the Maui wildfires in Hawaii prompted many to immediately look for ways to help
2023-08-15 03:21
UBS to pay $1.44 billion to settle 2007 financial crisis-era mortgage fraud case, last of such cases
UBS will pay U.S. authorities $1.44 billion to settle the last lingering legal case over Wall Street’s role in the housing bubble of the early 2000s, which ultimately led to the 2008 financial crisis and Great Recession
2023-08-15 03:18
Biden says auto workers need "good jobs that can support a family" in union talks with carmakers
President Joe Biden is asking the major U.S. automakers and their workers’ union to reach an agreement that takes “every possible step to avoid painful plant closings” as the sector transitions to electric vehicles
2023-08-15 00:48
Ford lures Apple executive to oversee its new software subscription services unit
Ford has hired away a key Apple executive to run a new business unit that will sell software-related subscription services to vehicle owners
2023-08-15 00:24
Russia's currency hits the lowest level since the early weeks of the war in Ukraine
The Russian ruble has reached its lowest value since the early weeks of the war in Ukraine as Moscow increases military spending and Western sanctions weigh on its energy exports
2023-08-14 21:50
New Covid vaccines are on the way as 'Eris' variant rises
By Michael Erman NEW YORK A new COVID vaccine is due out next month, but health experts and
2023-08-14 18:25
South Africa's unemployment is a 'ticking time bomb.' Anger rises with millions jobless
South Africa's official unemployment rate of 33% is the highest in the world, outstripping those of Gaza and the West Bank, Djibouti and Kosovo
2023-08-14 15:50
New Zealand, whose pandemic response was closely watched, removes last of COVID-19 restrictions
New Zealand has removed the last of its remaining COVID-19 restrictions, marking the end of a government response to the pandemic that was watched closely around the world
2023-08-14 14:21
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
Asian stock markets have tumbled after mixed U.S. economic data revived worries the Federal Reserve might hike interest rates again
2023-08-14 13:47
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Illinois Gov. J.B. Pritzker has signed a law banning firearms advertising that officials determine produces a public safety threat or appeals to children, militants or others who might later use the weapons illegally
2023-08-13 23:58
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
White House officials concerned about AI chatbots' potential for societal harm and the Silicon Valley powerhouses rushing them to market are heavily invested in a three-day competition ending Sunday at the DefCon hacker convention in Las Vegas
2023-08-13 22:26