US Chamber of Commerce sues securities regulator over new share buyback rule
By Chris Prentice NEW YORK A powerful U.S. business lobby group said it sued the Securities and Exchange
1970-01-01 08:00
Netflix plans to cut spending by $300 million this year - WSJ
Netflix Inc plans to cut its spending by $300 million this year, the Wall Street Journal reported on
1970-01-01 08:00
Google to pay $8 million to settle claims of deceptive ads -- Texas AG
WASHINGTON Google, a unit of Alphabet, has agreed to pay $8 million to settle claims it used deceptive
1970-01-01 08:00
Biden nominates the first Latino to the Federal Reserve
President Joe Biden on Friday nominated economist and World Bank official Adriana Kugler to join the Federal Reserve's powerful Board of Governors and Philip Jefferson to be the central bank's vice chair.
1970-01-01 08:00
Race teams ask NASCAR for ‘meaningful’ talks as their business model dispute skids toward summer
The fight between NASCAR and its teams over a new revenue model led the owners of 16 organizations to send a letter to NASCAR’s board of directors asking for “meaningful dialog” regarding the franchise model system
1970-01-01 08:00
China orders recall of 1.1M Teslas to fix accelerator pedal problem that raises crash risk
Chinese safety regulators have ordered Tesla to recall 1.1 million vehicles because drivers might step on the accelerator for too long, increasing the risk of a crash
1970-01-01 08:00
CRN Spotlights Twenty-Four Ingram Micro Executives on the 2023 Women of the Channel List; Honors Three to Power 100
IRVINE, Calif.--(BUSINESS WIRE)--May 12, 2023--
1970-01-01 08:00
More red ink: Congressional budget agency projects bigger deficits as debt talks continue
The Congressional Budget Office says this year’s projected federal budget deficit has jumped by $130 billion
1970-01-01 08:00
American consumers are growing worried about a US debt default
US consumer sentiment worsened in May as Americans grew concerned about the economy's direction and a potential default of the US government's debt, according to a preliminary report from the University of Michigan Friday.
1970-01-01 08:00
US equity funds see massive outflows on debt ceiling worries
U.S. equity funds faced huge outflows in the week ended May 10, on caution over the U.S. debt
1970-01-01 08:00
Biden’s Power-Plant Climate Plan Gives Utilities Time to Clean Up Their Act
The Biden administration’s latest plan to slash planet-warming pollution gives electric utilities years to clean up US coal
1970-01-01 08:00
Virgin Orbit plans to move back deadline for bidders - source
By Joey Roulette Satellite launch company Virgin Orbit is planning to move back the deadline for prospective bidders
1970-01-01 08:00