Senate Banking Committee Republicans to grill Fed chair on inflation, regulating big banks
Republicans on the Senate Banking Committee are expected to grill Federal Reserve Chair Jerome Powell in a Tuesday hearing on Capitol Hill.
Interest rate hikes 'won’t stop big corporations' raising prices, Sen. Brown to tell Fed chair
Senate Banking Committee Chairman Sherrod Brown is expected at Tuesday's hearing to criticize the Federal Reserve's continuous interest rate hikes.
US challenges Mexico’s plan to phase out imports of corn from GMO seeds
During 2022, Mexico purchased nearly $5 billion worth of corn from the U.S., making it the second largest importer after China. US exports to Mexico are GMO based.
JetBlue, Spirit brace for Justice Department lawsuit to block airlines’ merger
JetBlue expects a lawsuit from the Justice Department over the $3.8 billion merger with Spirit Airlines; Spirit argues deal would save customers millions.
Jamie Dimon says Ukraine war, China his biggest economic concerns
JPMorgan Chase CEO Jamie Dimon warned on Monday that the war in Ukraine, and what it means for U.S. relations with China, are the top economic concerns.
FDA to decide on full approval of Alzheimer's treatment Leqembi in early July
The FDA will decide on July 6 whether to grant full approval to the new Alzheimer's treatment Leqembi, Japanese drugmaker Eisai and its U.S. partner Biogen said.
Angelo Gordon raises $1.3B fund to buy company debt
Angelo Gordon & Co is raising a new fund to invest in corporate-debt securitie. saying it believes worry over default has created screaming deals in the bond market.
California court orders oil company to pay big after several spills damage natural resources
HVI Cat Canyon Inc., has been ordered to pay the U.S. government and the State of California $65 million in damages and cleanup costs for more than two dozen oil spills.
Iran claims discovery of massive lithium deposit
Iran claims to have discovered a massive lithium deposit for the first time ever as demand for the raw material sores as the world races to go electric.
Why Apple stock can rise over 30%: Goldman Sachs initiates first Buy since 2017
For the first time since 2017, Goldman Sachs has initiated first Buy on Apple since 2017 after saying shares could climb as high as 36% in 2023.
Georgia thieves busted by cops when they stopped to charge getaway Tesla
Two thieves in Georgia were apprehended for stealing gaming systems after officers found them charging their getaway electric vehicle, according to police.
Family sues Airbnb after toddler dies of fentanyl overdose in rental
The Lavenir family filed a wrongful death lawsuit against Airbnb, a rental owner, and the prior renter after their 19-month-old daughter died due to fentanyl exposure.
Chinese genomics company rejects human rights abuses after US blacklists its units
The U.S. Commerce Department has added three units of Chinese company BGI Group to its "entity list" over allegations of contributions to Chinese surveillance.
New York businesses urged to require customers remove masks amid crime surge: 'Be proactive'
The New York Police Department recently urged business owners to make unmasking and showing their face a condition of entry for customers as robberies surge in the city.
China sets lowest growth target in decades as COVID lockdown effects linger
China set its lowest annual growth target in decades on Sunday, pushing for an economic expansion of just 5%. China's economy grew by 3% last year, well short of its goal.
Toblerone chocolate bars losing Swiss mountain logo: reports
The "Swissness Act" is causing changes in the look of an iconic chocolate bar's logo soon. Rather than reading "of Switzerland," Toblerone's packaging will say otherwise.
California bullet train boondoggle faces cost increases and potential delays
California's long-planned high-speed rail project has been set back with cost increases and delays, a new report from the California High-Speed Rail Authority said.
Pro-ESG Chuck Schumer was top recipient of BlackRock donations in 2022
Senate Majority Leader Chuck Schumer, D-N.Y., was the top recipient of political donations from BlackRock, a leading investment firm advocating for environmental, social and governance investing.
California bill would bar, fine businesses' for using paper receipts
A California state bill would require all businesses to provide proof of purchase receipts electronically unless a customer asks for a printed copy.
LIV Golf fight stirs up questions about Saudi ownership of Newcastle United
In the UK the Saudi Public Investment Fund promised that it was not state controlled, but in American court the Fund has said the opposite, raising questions of its legitamacy.



















