Result Page 494 for Latest Business News & Archive

Shipping containers are unloaded from ships at a container terminal at the Port of Long Beach-Port of Los Angeles complex in Los Angeles, California, U.S., April 7, 2021.

As Shanghai Reopens, California Ports Prepare For Cargo Surge

California port leaders expect imports to rise as Shanghai, home to the world's busiest seaport, emerges from a two-month COVID-19 lockdown.

Exclusive-Frontier To Offer Break-up Fee In Acquisition Of Spirit Airlines -sources

Frontier Group Holdings Inc has agreed to offer a break-up fee in a bid to secure its $2.9 billion acquisition of Spirit Airlines Inc, people familiar with the matter said on Thursday.

Frontier Offers $250 Million Break-up Fee In Spirit Airlines Deal

Frontier Group Holdings said Thursday it has agreed to pay a break-up fee of $250 million in a bid to salvage its $2.9 billion acquisition of Spirit Airlines Inc that would create the fifth-largest U.S. airline.

Frontier To Offer $250 Million Break-up Fee In Acquisition Of Spirit Airlines

Frontier Group Holdings Inc has agreed to pay a break-up fee of $250 million in a bid to secure its acquisition of Spirit Airlines Inc, the companies said on Thursday.

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Sheryl Sandberg, COO of Facebook and current chair of the Global Internet Forum to Counter Terrorism (GIFCT), gives a news conference on the sidelines during the 2019 United Nations Climate Action Summit at U.N. headquarters in New York City, New York, U.

Sandberg's Exit May Not Be A Big Blow For Facebook-parent Meta

Sheryl Sandberg's exit from Meta Platforms Inc comes at a crucial time for the Facebook parent as it pivots to "metaverse" in the face of slowing ad revenue, although Wall Street analysts say her departure will not be as significant.

U.S. Charges Stellantis Unit In Diesel Emissions Probe

The Justice Department on Thursday charged the U.S.

Exclusive-Germany's Rheinmetall Bids For Leonardo's OTO Melara Cannon Maker

Germany's Rheinmetall has sent Italy's Leonardo an offer for a minority stake in its OTO Melara cannon maker unit valuing the whole business at almost 430 million euros ($462 million), according to a document and two sources close to the matter.

A woman shops for refrigerators at a store in New York

Refrigerator Recall 2022: Ice Makers On Frigidaire, Electrolux Fridges Could Pose A Choking Hazard

The recall affects about 367,500 Frigidaire and Electrolux refrigerators in the U.S. and about 7,180 units sold in Canada.

Ford announced new investments in Midwestern plants, including Dearborn, where it is building the F-150 Lightning pickup truck

Ford To Invest $3.7 Bn, Boosting Legacy Midwestern Plants

Ford to invest $3.7 bn, boosting legacy Midwestern plants

Amazon Not Liable For Online Louboutin Knock-offs, EU Court Adviser Says

U.S. online retailer Amazon is not liable for the sale of counterfeit Louboutin shoes on its platform, an adviser to Europe's top court said on Thursday, a potential setback for the shoemaker known for its red sole shoes popular with celebrities.

Lorie K. Logan, the newly appointed Federal Reserve Bank of Dallas president and chief executive, is pictured in this undated handout image, obtained on May 11, 2022. Dallas Fed/Handout via REUTERS THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY.

New York Fed's Logan: Digital Innovation Could Require Change In Central Bank Methods

Innovations in digital payments and the potential adoption of a central bank digital currency could force central banks to overhaul how they conduct monetary policy, potentially increasing their balance sheets and the tools used to control interest rates, Lorie Logan, executive vice president of the New York Federal Reserve, said on Thursday.

Food and energy prices have surged since the Russian invasion of Ukraine, but US inflation showed signs of easing last month

US Economy 2022: Inflation Has Changed 80% Of Consumers' Spending Habits

Thirty-six percent of respondents said they reduced their savings due to inflation.

U.S. Insurance Safety Group Says 2022 Jeep Wrangler Tipped Over In Crash Test

The Insurance Institute for Highway Safety (IIHS) said on Thursday a 2022 Jeep Wrangler 4-door model tipped over in a crash test, an issue that could pose safety risks to users.

Hit with US sanctions: the Russian yacht Flying Fox in Santo Domingo, Dominican Republic.

US Blacklists Putin Money-manager, Luxury Yacht Brokerage For Russian Elite

US blacklists Putin money-manager, luxury yacht brokerage for Russian elite

A "Now Hiring" sign is posted on a Verizon store in Manhattan in New York City, U.S., May 10, 2016.

Attracting And Retaining Top Talent In Challenging Times

Attracting and retaining quality employees has become critical for companies in the post-pandemic.

Russian Patriarch Kirill is a fervent supporter of President Vladimir Putin and has backed his invasion of Ukraine

EU Drops Russian Patriarch From Sanctions To Seal New Deal

EU drops Russian patriarch from sanctions to seal new deal

A cruise ship is seen at sea off Saudi Arabiaâs west coast, in this file picture from October 3, 2020

How To Enter Virgin Voyages’ 1,000 Free Cruises Giveaway

Lucky winners will sail on the Scarlet Lady out of Miami or on the Valiant Lady out of Barcelona on a cruise for 4 to 7 nights.

European Union flags fly outside the European Commission headquarters in Brussels, Belgium, March 6, 2019.

American Chamber Of Commerce, Others Warn Of Impracticalities In EU Subsidy Plan

Proposed EU legislation targeting foreign state-backed buyers of European companies prompted by fears of a Chinese buying spree may be impossible to comply with in practice, the American Chamber of Commerce and peer groups for Indian and Japanese businesses said on Wednesday.

People who fled fighting between the army and M23 rebels in DR Congo's North Kivu province are timidly starting to return home

Displaced By Rebel Clashes, People In East DR Congo Make Uneasy Trek Home

Displaced by rebel clashes, people in east DR Congo make uneasy trek home

John Waldron, co-head of the Investment Banking Division, Goldman Sachs, speaks at the Milken Institute 21st Global Conference in Beverly Hills, California, U.S., May 1, 2018.

Goldman Sachs COO Waldron Says Lower Valuations In Wealth Management Open M&A Opportunities

Goldman Sachs' President and Chief Operating Officer John Waldron said on Thursday the bank continues to look for acquisition opportunities in the wealth and asset management space, as it seeks to diversify its revenue stream.

GM’s Chevy Bolt Now Comes With A Much Cheaper Price Tag: How Much It Is?

GM is committed to producing a record number of Bolt electric vehicles in 2022.

Pre-produced parts of watches are on display at a plant of gold refiner and bar manufacturer Argor-Heraeus SA in the southern Swiss town of Mendrisio, March 1, 2012.

Jewellers' Gold Sourcing More Challenging In Times Of War

With Russian gold and diamonds off-limits due to the war in Ukraine, makers of luxury jewellery and watches are finding it more difficult to secure raw materials and address human rights issues in supply chains.

Microsoft Warns Of Forex Hit, Cuts Forecast

Microsoft Corp on Thursday cut its fourth-quarter forecast for profit and revenue, making it the latest U.S. company to warn of a hit from a stronger greenback.

Macron is now under growing pressure to visit Kyiv to signal his support for the Ukrainian cause

Macron Faces Calls To Finally Make Ukraine Trip

Macron faces calls to finally make Ukraine trip

A new Ford E-Transit van is seen inside the company's Halewood plant in Liverpool, Britain, October 18, 2021.

Ford To Invest $3.7 Billion For Production Of EVs, Gas-powered Vehicles

Ford Motor Co on Thursday said it will invest $3.7 billion in assembly plants in Michigan, Ohio and Missouri for production of both electric and gasoline-powered vehicles.

OPEC has increased output modestly to the tune of around 400,000 barrels per day each month since last year

OPEC+ Agrees Bigger Output Boost Amid Russian Isolation

OPEC+ agrees bigger output boost amid Russian isolation

Michael Vidler recently shuttered his Hong Kong law firm after almost two decades of operations

Hong Kong Rights Lawyer Says He Fled 'Cold Winds' Of Suppression

Hong Kong rights lawyer says he fled 'cold winds' of suppression

Why Electric Vehicles May Become Much More Affordable Soon

“Our industry is definitely heading to a huge price war," Ford CEO Jim Farley said.

Shakira's lawyers said her conduct 'has always been impeccable in all the countries she had to pay taxes'

Shakira Net Worth 2022: How Rich Is Gerard Piqué's Partner?

Shakira has a net worth of $300 million.

The United States is sending Himars, an advanced multiple rocket system to Ukraine

Russia's Invasion Of Ukraine Enters 100th Day As Fighting Rages

Russia's invasion of Ukraine enters 100th day as fighting rages

A Cruise self-driving car, which is owned by General Motors Corp, is seen outside the companyâs headquarters in San Francisco where it does most of its testing, in California, U.S., September 26, 2018.

GM's Cruise Wins First California Permit To Carry Paying Riders In Driverless Cars

General Motors Co's Cruise on Thursday became the first company to secure a permit to charge for self-driving car rides in San Francisco, after it overcame objections by city officials.

A sign board displaying Toronto Stock Exchange (TSX) stock information is seen in Toronto June 23, 2014.

TSX Notches 4-week High, Led By Materials And Technology

Canada's main stock index rose on Thursday to its highest level in nearly one month, helped by gains for metal mining and technology shares, as investors began to look past the recent spell of downbeat news for the market.