Capital One to acquire Discover Financial
Capital One is planning to buy Discover Financial Services that would bring the two large credit card issuers and lenders together, the company announced Monday.
US steel worker sounds off as WV tin plant shuts its doors, putting 900 jobs on the line: 'Total travesty'
Mark Glyptis, United Steelworkers Local 2911 union president, warned the consequences of closing a West Virginia tin mill in favor of imported products could spell disaster for the U.S.
Fed's Barr says regulators more aggressive with banks, focused on interest rate risk
Federal Reserve vice chair for supervision Michael Barr said the Fed's supervisors are working with banks to manage commercial real estate risk amid the high interest rate environment.
US dollar to remain world's reserve currency, Fed's Waller says
The Fed's Christopher Waller said that he expects the U.S. to remain the world's leading reserve currency given a lack of practical alternatives and the dollar's status as a safe haven.
Germany eclipses Japan as world's third-largest economy
An unexpected recession in Japan last year cost the nation its title as the world's third-largest economy, with Germany taking its place.
JPMorgan Chase, BlackRock drop out of massive UN climate alliance in stunning move
JPMorgan Chase, BlackRock and State Street confirmed they are exiting the world's largest climate alliance which seeks to push investors away from funding the fossil fuel sector.
Meghan Markle’s new podcast in uphill battle after 'Archetypes' flop deemed 'woke, irrelevant’
Meghan Markle has inked a new podcast deal with Lemonada Media seven months after her $20 million contract with Spotify ended after just 12 episodes.
Imported luxury cars such as Audi held by US over banned part linked to forced labor in China
Thousands of luxury cars slated to be imported to the U.S. are being held by customs officials while Volkswagen replaces a part linked to forced labor in China's Xinjiang region.
Shipping giant Maersk says Red Sea diversions could stretch into second half of 2024
Shipping behemoth Maersk does not expect the Red Sea crisis to subside in the near future, and is warning customers to expect ship diversions into the second half of the year.
Lyft's earnings report typo sends shares soaring
A typo in Lyft's earnings report sent the ride-sharing platform's stock soaring on Tuesday, and the company's momentum continued Wednesday even after a correction was issued.
Bitcoin climbs to over $50,000 as value continues to recover
The original cryptocurrency, Bitcoin, is currently worth over $51,000 per token after continuing its recovery from a major collapse in value during 2022.
Paramount Global laying off 3% of workforce, despite Super Bowl ratings record
Paramount Global is laying off 800 employees to cut costs and return to earnings growth as the media industry grapples with streaming dominance and the fallout from Hollywood strikes
Sofia Vergara 'Griselda' lawsuit from real-life mobster's son permanently dismissed
Colombian drug lord Griselda Blanco's family filed to permanently dismiss a lawsuit against Sofia Vergara, Netflix and other parties over the new show "Griselda."
Inflation rises higher than expected, further obscuring the timeline on the Fed's interest rate cuts
Inflation slowed from December to January, but remained above the sub-3% growth economists had expected, according to the Consumer Price Index.
Royal Caribbean reports passenger death aboard 9-month world cruise
A passenger aboard Royal Caribbean Cruises liner Serenade of the Seas passed away before a stop in Los Angeles, the company confirmed in a statement to the press.
Temu's Super Bowl ads spark backlash over China-based firm's forced labor allegations
E-commerce platform Temu's Super Bowl ads drew the ire of lawmakers who called out the retailer's data protections and lack of safeguards to keep forced labor out of supply chains.
New York man ticketed for cursing out police officer can sue police department, court rules
The U.S. Court of Appeals ruled that R. Anthony Rupp III was within his rights to sue after he was ticketed for telling a police officer "Turn your lights on, a------."
Chernobyl’s mutant wolves developing resistance to cancer, study says
Wolves in Chernobyl’s radiation zone appear to have adapted to the highly radioactive environment and appear resiliant against cancer, a study says.
Russian occupiers are using Elon Musk’s Starlink in Ukraine, officials say
Russian forces have confiscated some Starlink terminals donated to Ukraine and are now using them for their own communications.
US VC firms investing billions in Chinese AI, military and tech firms: CCP select committee
Five American venture capital firms invested over $3 billion in Chinese companies investing in AI and critical technologies or that were linked to China's military and repression.



















