Finance

The owner of a meat establishment in Michigan was ordered to pay a fine of $1,143, due to a 17-year-old employee suffering the loss of his hand in a grinding machine.

ESPN and Penn Entertainment have announced a new partnership that gets the sports media giant officially into the sports betting realm. Penn relaunched its platform as ESPN BET.

Regulators issued fines against several financial firms, including Wells Fargo and BNP Paribas, for failing to maintain records of employee communications on unapproved platforms.

Fitch’s downgrade doesn’t mean were about to default. It does mean we look like a country that can’t be depended on. Will we lose our status as a reserve currency?

Tyson Foods announced that it will close four more chicken plants in the U.S. to cut costs. The company did not say how many employees would be affected.

Sen. Joe Manchin, D-W.Va., slammed President Biden and both parties after Fitch downgraded the U.S. debt rating, saying, "America's superpower status is in jeopardy."

AMD has an opportunity to build AI solutions for customers in China and is working in that direction, company president and CEO Lisa Su said in a company earnings call on Tuesday.

Experts say former President Donald Trump's Jan. 6 indictment was a "nonevent" for capital markets, and so was the Fitch AAA U.S. downgrade.

An official in President Biden's administration blamed former President Donald Trump and the Jan. 6 riots for the downgrade in the U.S.' credit rating.

Uber forecasted third-quarter operating profit above Wall Street’s predictions on expectations of growing travel demand and a return to in-office work, the rideshare company said on Tuesday.

The House of Representatives’ Select Committee on the Chinese Communist Party filed a letter Monday announcing a probe into asset management titan BlackRock.

The average 30-year fixed-rate mortgage rate was 6.81% for the week ending July 27, 2023, Freddie Mac reported. That’s an increase from last week’s 6.78% rate. The news comes following the Fed’s decision to increase interest rates again to slow inflation.

Microsoft is under fire from European Union antitrust investigators over the software company’s bundling of its chat and video app Teams with its Office product.

A new lawsuit accuses former CEO of Apollo Global Management of raping a 16-year-old autistic girl at Jeffrey Epstein's New York City townhome in 2002.

Despite a recent dip, Draper Associates founder Tim Draper says bitcoin is beginning to separate itself from other cryptocurrencies and digital assets.

Biogen said on Tuesday it expects to eliminate roughly 1,000 positions in the U.S. to save money ahead of launching a new drug to treat Alzheimer's disease.

The U.S. Treasury on Monday sanctioned several Malian defense officials for their alleged ties to Wagner, the Russian mercenary group who staged a short-lived mutiny last month.

Texas police ruled an American Airlines employee who died on the tarmac in April perished due to an accident, not suicide as an airline investigator allegedly suggested.

Greg Escue, a Michigan native, has taken home a lottery jackpot worth nearly $193,000 after he said he lost his winning tickets in his car. He feared they were "nowhere to be found."

American Express said on Friday it took in a record $15.1 billion over the second quarter as card members spent more on its credit cards. Its results beat Wall Street estimates.