Result Page 626 for Latest Business News & Archive

US officials launched the biggest yet auction for offshore wind developments similar to this site being built in Le Havre, France

US Launches Biggest Yet Auction For Offshore Wind

US launches biggest yet auction for offshore wind

Kraft Heinz To Offer 'Not Hot Dogs,' Partners With Food Tech Company For More Plant-Based Products

The food giant announced plans in a new collaboration with TheNotCompany.

U.S. Judge Bans Martin Shkreli From Running Public Companies

Former drug company executive Martin Shkreli arrives at U.S. District Court for the third day of jury deliberations in his securities fraud trial in the Brooklyn borough of New York City, U.S., August 2, 2017.

A U.S. judge on Wednesday permanently barred former pharmaceutical executive Martin Shkreli from serving as an officer or director of publicly traded companies, and ordered him to pay a $1.39 million fine for violating securities law between 2009 and 2014.

Ford Motor Co. CEO Jim Farley poses next to a new 2021 Ford F-150 pickup truck at the Rouge Complex in Dearborn, Michigan, U.S. September 17, 2020.

Ford Has No Plans To Spin Off EV Or Gasoline-powered Vehicle Businesses -CEO

Ford Motor Co has no plans to spin off its electric vehicle or gasoline-powered vehicle businesses, Chief Executive Jim Farley said on Wednesday.

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Facebook's Meta Unveils AI Projects Aimed At Building Metaverse Future

Facebook-owner Meta is working on artificial intelligence research to generate worlds through speech, improve how people chat to voice assistants and translate between languages, CEO Mark Zuckerberg said on Wednesday, as he sketched out key steps to building the metaverse.

At Metaverse Event, Meta's Zuckerberg Unveils Work To Improve How Humans Chat To AI

Facebook-owner Meta is working on AI research to allow people to have more natural conversations with voice assistants, CEO Mark Zuckerberg said on Wednesday, a step towards how people will communicate with AI in the metaverse.

Facebook's Meta Unveils AI Projects Aimed At Building The Metaverse

IAG Airline Group In Advanced Fleet Talks -sources

Airlines group IAG is in advanced talks with planemakers on a medium-haul fleet shake-up that may see the British Airways parent opt for Boeing and Airbus jets to update a European fleet of Airbus narrowbodies, industry sources said.

IAG In Advanced Talks On Mixed Jet Fleet Renewal -sources

Fraud Scams Cost American Consumers This Staggering Amount In 2021

Roughly 2.8 million Americans lost an average of $500 to scams and fraud in 2021.

A man wearing a protective mask is seen inside the Shanghai Stock Exchange building, as the country is hit by a new coronavirus outbreak, at the Pudong financial district in Shanghai, China February 28, 2020.

Emerging Markets Drive Global Debt To Record $303 Trillion - IIF

Emerging market borrowing led by China inflated the global debt mountain to a record $303 trillion in 2021, although the global debt-to-GDP ratio improved as developed economies rebounded, the Institute of International Finance said on Wednesday.

The Bank of England is seen in London March 19, 2008.

BoE's Tenreyro Sees Case For Small Increase In Rates

Bank of England policymaker Silvana Tenreyro said on Wednesday that she - like other BoE policymakers - saw a case for higher interest rates to tackle inflation near a 30-year high, but the extent of tightening needed was uncertain.

US existing home sales hit a 15-year high in 2021, but supply hit a record low, the National Association of Realtors said, indicating challenges ahead for the real estate market

Mortgage Applications Plummet 13.1% To A Pre-pandemic Low

Mortgage applications plunged last week to levels not seen since the pre-pandemic era, falling 13.1% last week as the market continues to struggle with low housing inventory and higher home prices.

Explainer-Suspension, Sanctions, Lawsuits: Germany's Nord Stream 2 Headache

Germany's decision to halt the certification of Nord Stream 2 has raised questions about the future of the $11 billion, 1,230-km gas pipeline under the Baltic Sea and the prospect of compensation lawsuits by its Russian owner Gazprom.

The assailant is seen with his arm around the neck of a man he took hostage during a robbery at the Apple Store in Amsterdam

Amsterdam Hostage Taker Dies Of Injuries In Hospital: Prosecutors

Amsterdam hostage taker dies of injuries in hospital: prosecutors

A Macy's department store stands behind an empty parking lot at King of Prussia Mall that remains closed due to the ongoing outbreak of the coronavirus disease (COVID-19) in Upper Merion Township, Pennsylvania U.S., May 21, 2020.

Boots In Store For $10-billion Sale As Bid Deadline Looms

Britain's largest drugstore chain Boots has set a Feb.

GE CEO Sees 'Strong' Revenue Growth Despite Challenges

General Electric Co expects to have "strong" revenue growth this year despite inflationary and supply-chain challenges, Chief Executive Larry Culp said on Wednesday.

The delays in Sanofi's vaccine dented the pride of a country that considers itself a leader on pharmaceutical technology

France's Sanofi To Seek Covid Vaccine Approval After Delays

France's Sanofi to seek Covid vaccine approval after delays

A view shows the entrance to the construction site of the future Tesla Gigafactory in Gruenheide near Berlin, Germany, August 12, 2021.

Tesla Faces Day Of Reckoning On Water Supply For Planned German Plant

Tesla may lose the water supply contract for its long-delayed German plant if environmental groups win a court case challenging a licence granted to its water supplier at a hearing next week.

EU Proposes Law Forcing Large Firms To Check Suppliers For Environment, Human Rights Issues

The European Commission on Wednesday proposed a law to make large companies operating in the EU check that their suppliers around the world respect environmental standards and do not use slave or child labour.

Tesla CEO Elon Musk attends the Tesla Shanghai Gigafactory groundbreaking ceremony in Shanghai, China January 7, 2019.

Elon Musk Reassures Biden Over Possible Embarrassment Despite Tesla Snub

Elon Musk promises President Biden that there's nothing to worry about if he gets an invite to the White House.

Profits surged at Barclays thanks to the economy recovering from the Covid-19 crisis

Barclays Freezes Ex-boss Bonuses Over Epstein Probe

Barclays freezes ex-boss bonuses over Epstein probe

Tesla Motors CEO Elon Musk speaks next to the company's newest Model S during the Model S Beta Event held at the Tesla factory in Fremont, California October 1, 2011.

Elon Musk’s Net Worth Increased By $200 Billion During COVID-19 Pandemic

Tesla CEO Elon Musk is still the richest in the world, with a net worth of $225.1 billion.

The Windy Fire burns amid Sequoias in Sequoia National Forest near California Hot Springs, California, U.S., September 21, 2021.

Private Equity-backed Carbon Offset Vendors Bluesource, Element To Merge

Bluesource and Element Markets, two private equity-backed providers of products and services such as carbon credits to companies seeking to take action on climate change, said on Wednesday they had agreed to merge.

Lebanon's Internal Security Forces show off weapons and other materials they say were seized from the Islamic State group during an operation to thwart a bomb plot against Beirut's southern suburbs

Lebanon Says Thwarts IS Bomb Plot Targeting Hezbollah Bastion

Lebanon says thwarts IS bomb plot targeting Hezbollah bastion

Mark Lanegan Net Worth: Screaming Trees Frontman’s Fortune Before His Death

At the time of his death, Mark Lanegan had an estimated net worth of $1 million.

Facebook Did Not Label Posts From Top Climate Change Deniers, Report Says

Facebook did not add labels to half of posts pushing content from top climate change deniers, according to an analysis from the Center for Countering Digital Hate.

European Commission Vice President Margrethe Vestager presents the EU's action plan on synergies between civil, defence and space industries, during a news conference in Brussels, Belgium February 22, 2021.

EU's Vestager Says Tech Giants May Prefer Fines To Compliance, Cites Apple

Some U.S. tech giants may prefer to pay a fine rather than comply with antitrust rules, the European Union's antitrust chief said, and cited Apple's fight with the Netherlands' competition authority as an example.

A view of apartments under construction in Vienna, Austria, February 10, 2022. Picture taken February 10, 2022.

Analysis-ECB Has To Fight Housing Bubble With Its Hands Tied

From Luxembourg to New Zealand, global house prices have been surging as pandemic stimulus and a shift to work from home added fuel to a multi-year boom driven by historically low interest rates.

Polls have steadily indicated that French President Emmanuel Macron is likely to come out on top in the first round

France's Macron To Kick Off Re-election Bid In March

France's Macron to kick off re-election bid in March

FILE PHOTO - An employee restocks items at a Lowe's home improvement chain in Austin, Texas, U.S., February 27, 2017. Picture taken February 27, 2017.

Lowe's Optimistic On Home Improvement Demand Despite Rising Interest Rates

Lowe's Cos Inc on Wednesday raised its full-year sales and profit forecasts and offered an optimistic outlook for home improvement demand in the United States in the face of rising mortgage rates.

Power-generating windmill turbines are seen at the Eneco Luchterduinen offshore wind farm near Amsterdam, Netherlands September 26, 2017.

U.S. To Hold Its Biggest Offshore Wind Auction

The United States will hold its biggest ever sale of offshore wind development rights on Wednesday, in an area covering nearly half a million acres off the coasts of New York and New Jersey.

U.S. Offshore Wind Auction Set To Bust Through Record

The largest ever U.S. sale of offshore wind development rights - for areas off the coasts of New York and New Jersey - attracted record-setting bids on Wednesday from companies seeking to be a part of President Joe Biden's plan to create a booming new domestic industry.

U.S. Offshore Wind Auction Attracts Record-setting Bids

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