BUSINESS

Bank of America Corp is facing a lawsuit seeking class action status filed on Thursday by two customers who say the bank refused to honor promises to refund overdraft fees to clients who faced financial hardship during the pandemic.

Democratic U.S. Senator Elizabeth Warren criticized the U.S Securities and Exchange Commission (SEC) on Thursday for delays to its landmark climate change risk disclosure rules and called for "quick action" on the issue.

Panera Bread will be giving out 22 real diamond rings for its Valentine's day and Super Bowl inspired contest on social media.

OnlyFans, an online subscription platform known for adult content, has launched a feature for users to display verified NFTs as profile pictures, it said on Thursday.

Musk 'confident' of Starship orbital launch this year

The Freedom Convoy has shut down production at Ford and Toyota and has disrupted production at Stellantis and GM.

Pressure increased on the Federal Reserve on Thursday to take a stronger stand against inflation after an unexpectedly large jump in U.S.

The unexpectedly large jump in U.S. consumer prices last month has bolstered the view that the Federal Reserve is late to the fight against the strongest inflation since the early 1980s and needs to take dramatic action to make up lost ground.

Worried about record-high inflation, the European Central Bank may have significantly raised the threshold where it might staunch bond market sell-offs in Italy and other weaker euro bloc countries.

Euronext's integration of Borsa Italiana is reaping savings faster than expected for potential acquisitions, though no "actionable" target has been identified, the pan-European exchange's CEO Stephane Boujnah said on Thursday.

Trucker protests disrupt car plants in US, Canada

Manulife Financial Corp and Sun Life Financial, Canada's two biggest life insurers, are increasing premiums to offset higher costs this year from inflation that has risen to a three-decade high, executives said on Thursday.

Manulife Financial Corp sees the higher inflation and interest rates expected this year as generally positive, and can at least partly offset the former through increased premiums, executives told a post-earnings analyst call on Thursday.

U.S. Treasury yields have shot higher this year, rising faster than many forecast. Investors are now assessing if anticipation of a more hawkish Fed will continue to push levels up, with the potential to upset riskier assets.

A California civil rights agency said it filed a lawsuit on Wednesday accusing Tesla Inc of failing for years to address widespread racist conduct at its Fremont assembly plant.

Twitter sticks with ambitious targets despite earnings miss

This marks the 15th recall Tesla has made since January 2021.

Brazil's Bolsonaro condemns Nazism after podcast row

Americans’ credit card debt saw a 22-year high increase in Q4 to more than $860 billion now owed by households. This data arrives ahead of a meeting by the Federal Reserve next month when it is expected to raise interest rates.

Sting sells entire songwriting catalog to Universal

The board of Ben & Jerry's aims to work out a "new arrangement" for sales in Israel before the end of the year, Unilever PLC's CEO said on Thursday, after the U.S.-based independent ice cream brand last year committed to halting sales in Israeli-occupied Palestinian territories.

US consumer price inflation hits four-decade high in January

Elon Musk revealed that Tesla "dropped the ball" when one of his fans gave him a bit of criticism.

Offering ways to verify the legitimacy of assets using its video library would be one feature possibility, YouTube said.

YouTube woos creators to fend off competition

'12 hurt' in Yemen rebel drone attack on Saudi airport

General Motors Co and Chrysler-parent Stellantis said on Thursday they were forced to cancel or scale back some shifts because of parts shortages stemming from Canadian trucking protests against pandemic measures.

GOOGLE-FRANCE-PRIVACY:French watchdog says Google Analytics poses data privacy risks

American rapper Nelly had a net worth of $8 million before his sex video leaked.