The U.S. consumer watchdog will revisit its rules around credit card fees in a bid to stamp out abuses, discourage excessive late fees and boost competition, the agency's director told Congress on Wednesday, confirming a Reuters April report.
Ford confirms 2022 profit outlook despite lingering semiconductor crunch
Investors speculating over whether Elon Musk will complete his $44 billion acquisition of Twitter Inc sent the social media company's shares on Wednesday to their lowest level since the deal was announced two days ago.
The Bank of Japan on Thursday strengthened its commitment to keep interest rates ultra-low by vowing to buy unlimited amounts of bonds daily to defend its yield target, triggering a fresh sell-off in the yen and sending government bonds rallying.
The Bank of Japan on Thursday maintained its massive stimulus programme and a pledge to keep interest rates ultra-low, reinforcing its resolve to support a fragile economy even as sharp rises in raw material costs push up inflation.
Federal prosecutors on Wednesday charged Archegos Capital Management founder Bill Hwang with 11 criminal counts and the private investment firm's former chief financial officer, Patrick Halligan, with three counts over Archegos' collapse a year ago.
Amgen Inc on Wednesday said the U.S. Internal Revenue Service (IRS) is seeking additional back taxes of $5.1 billion, plus interest and penalties, related to the drugmaker's 2013 to 2015 accounting for profits between the United States and Puerto Rico, the location of most of its manufacturing operations.
Amgen Inc on Wednesday said the U.S. Internal Revenue Service (IRS) is seeking additional back taxes of $5.1 billion, plus interest and penalties, related to the drugmaker's 2013 to 2015 accounting for profits between the United States and Puerto Rico, the location of most of its manufacturing operations.
Mattel Inc reported a surprise quarterly profit and beat estimates for sales, extending a strong run since the pandemic, as retailers restocked the toymaker's Barbie and Hot Wheels brands following inventory shortfalls over the holiday season.
Meta Platforms Inc shares climbed on Wednesday as Facebook's quarterly daily active users were above Wall Street estimates, even as Meta recorded its slowest revenue growth in a decade.
Musk's Twitter purchase puts moral champion in crosshairs
Hertz Global Holdings Inc new chief executive on Wednesday said he expects Americans' pent-up desire for a summer vacation to lead to more strong rental car demand despite rising inflation.
Hertz Global Holdings Inc new chief executive on Wednesday said he expects Americans' pent-up desire for a summer vacation to lead to continued strong rental car demand despite rising inflation.
The Cuban central bank issued regulations on Tuesday for virtual asset service providers, after giving a nod last year to the personal use of cryptocurrencies, a move some experts said could help the Communist-run Caribbean island skirt stiff U.S.
McDonald's is poised to take a bigger financial hit from the war in Ukraine and shuttered locations in Russia than any other major global restaurant chain, with investors watching on Thursday when it reports first quarter earnings to see how much the company stands to lose.
With prisoner swap, US and Russia return to time-honored rite
To understand the speed with which Twitter's board accepted Elon Musk's $44 billion buyout offer, look no further than the dim view Wall Street holds over Twitter's ability to reach lofty financial goals announced after demands by activist investor Elliott Management in 2020.
Zagreb gets long-awaited Holocaust victims memorial
Judge rejects Musk bid to free tweets from oversight
Apple Inc investors have for years cheered investments to expand its supply chain to meet feverish global demand for iPhone and MacBooks.
Boeing said Wednesday it recorded a $660 million charge in its development of Air Force One as its chief executive questioned the planemaker's U.S. presidential aircraft deal.
Niche U.S. packaged-food brands facing a funding crunch are emerging as attractive targets for bigger players such as Kraft Heinz and Mondelez, which are looking to expand their product lineup in a highly competitive market.
The euro's drop to a five-year low is rekindling the possibility the currency will reach parity versus the dollar for the first time in two decades, as fears of a euro zone recession encourage investors to pile on the bearish bets.
Biden lauds Madeleine Albright at dignitary-packed funeral
US indicts Archegos founder Hwang for fraud, market manipulation
Alphabet Inc's Google has begun entertaining people's requests to remove search results containing their home addresses, phone numbers and email accounts, the latest shift in its stance between personal privacy and access to information.
Russian government hackers carried out multiple cyber operations against Ukraine that appeared to support Moscow's military attacks and online propaganda campaigns, Microsoft said in a report on Wednesday.
UN 'appalled' as more than 200 killed in fighting in Sudan's Darfur
Apple has now opened its Self Service Repair Store in the U.S. and has plans to expand the repair store to Europe by the end of 2022.
Moscow trades US ex-Marine for Russian pilot in prisoner swap
