French energy giant TotalEnergies says it will walk away from its stake in Russian natural gas producer Novatek and take a $3.7 billion lossPARIS -- French energy giant TotalEnergies said Friday that it will walk away from its stake...
This is the 14th distribution to victims of Madoff’s Ponzi scheme.The trustee for the liquidation of Bernie Madoff’s defunct and fraudulent investment firm announced on Friday a new distribution of recovered funds to swindled customers.This...
The CEO of Penguin Random House, the world’s largest trade publisher, is stepping downNEW YORK -- The CEO of Penguin Random House, the world's largest trade publisher, is stepping down. Markus Dohle's decision, effective...
The former CEO of the failed cryptocurrency exchange FTX says he is willing to testify to Congress next weekThe former CEO of the failed Cryptocurrency exchange FTX said in a tweet Friday that he is willing to testify to Congress next...
Workers at a General Motors joint venture electric vehicle battery factory in Ohio have voted to join the United Auto Workers unionDETROIT -- Workers at a General Motors joint venture electric vehicle battery factory in Ohio have voted...
Britain is easing banking rules brought in after the 2008 global financial crisis in a bid to attract investment and secure London’s status as Europe’s leading finance centerLONDON -- Britain is easing banking rules brought in...
Shares are higher in Europe and Asia ahead of an update on U.S. wholesale prices that will provide insights into how businesses are coping with inflationBANGKOK -- Shares were higher in Europe and Asia ahead of an update Friday on...
Wage growth has soared, but the good news could bring more inflation and a possible recession.The economy has set off emergency sirens this year over growing recession fears, sky-high inflation and a battered stock market. But one...
K-Pop star TTOKYO -- Japanese billionaire Yusaku Maezawa said Friday that K-Pop star T.O.P. will be among the eight people who will join him on a flyby around the moon on a SpaceX spaceship next year.The Japanese tycoon launched plans...
President Joe Biden is facing consistent but critical assessments of his leadership and the national economy as his second year in the White House comes to a closeWASHINGTON -- Fresh off his party’s better-than-anticipated performance...
The former chief executive of financial services company Wirecard and two other ex-managers has gone on trial over the firm’s collapseBERLIN -- The former chief executive of financial services company Wirecard and two other ex-managers...
SpaceX has launched a batch of internet satellites for a competitorCAPE CANAVERAL, Fla. -- SpaceX launched internet satellites for a competitor Thursday, stepping in to help after the London-based OneWeb company halted its flights...
An oil spill in a creek in northeastern Kansas has shut down a major pipeline from Canada through the Plains and to the Texas Gulf CoastTOPEKA, Kan. -- An oil spill in a creek in northeastern Kansas shut down a major pipeline that...
Memphis has long suffered from disproportionately high homicide ratesMEMPHIS, Tenn. -- Tanita Hilliard made a wish the night a shooter livestreamed himself driving around Memphis, firing at people: “I hope it isn’t one of my babies.”She...
The Federal Trade Commission on Thursday sued to block Microsoft’s planned $69 billion takeover of video game company Activision Blizzard, saying it could suppress competitors to its Xbox game consoles and its growing games subscription...
Federal regulators opened their campaign to block Facebook parent Meta’s acquisition of a virtual-reality company in a San Jose, California, courtroomFederal regulators opened their campaign to block Facebook parent Meta's acquisition...
Homebuilders have pumped the brakes on new single-family home construction this year, a trend that’s likely to extend into 2023, according to several forecastsLOS ANGELES -- Homebuilders have pumped the brakes on new single-family...
More than 1,000 New York Times workers launched the first such strike in four decades.More than 1,000 journalists and other workers at The New York Times launched a 24-hour strike on Thursday, a protest over ongoing contract negotiations...
President Joe Biden is announcing the infusion of nearly $36 billion to shore up a financially troubled union pension planPresident Joe Biden on Thursday is announcing the infusion of nearly $36 billion to shore up a financially troubled...
Slightly more Americans filed for jobless claims last week but the labor market remains one of strongest parts of the U.S. economyWASHINGTON -- Slightly more Americans filed for jobless claims last week but the labor market remains...
Wall Street pointed modestly higher in premarket trading ahead of employment and inflation data that may offer hints about how aggressive the Federal Reserve’s next move will be in its battle against inflationBANGKOK -- Wall Street...
