Business

A cargo barge on the River Rhine near the European Central Bank (ECB) headquarters at sunset in the financial district in Frankfurt, Germany, Bloomberg | Bloomberg | Getty Images Europe learned its lessons after the financial crisis and is now in a strong position to weather further stress in its banking system, several economists and

In this article NSC Follow your favorite stocksCREATE FREE ACCOUNT Drone footage shows the freight train derailment in East Palestine, Ohio, U.S., February 6, 2023 in this screengrab obtained from a handout video released by the NTSB. NTSB Gov | via Reuters The Justice Department said Friday it filed a lawsuit against Norfolk Southern, aiming

San Francisco Fed President Mary Daly, whose district saw the second-largest bank failure in U.S. history and who has become a target of criticism, would not have typically been a key player in Silicon Valley Bank’s supervision, several former and current fed officials told CNBC. A highly centralized design to the Fed’s oversight of large

In this article WWE Follow your favorite stocksCREATE FREE ACCOUNT World Wrestling Entertainment Inc. Chairman Vince McMahon is introduced during the WWE Monday Night Raw show at the Thomas & Mack Center August 24, 2009 in Las Vegas, Nevada. Ethan Miller | Getty Images Vince McMahon has pinned down a two-year employment contract at World

In this article BAC Follow your favorite stocksCREATE FREE ACCOUNT There’s a corner of the market gaining traction among ETF investors, according to The ETF Store’s Nate Geraci. The firm’s president finds international ETFs are experiencing stronger inflows. “There is a little bit of performance chasing going on here, because broad international stocks have fairly

In this article FOXA Follow your favorite stocksCREATE FREE ACCOUNT Members of Rise and Resist participate in their weekly “Truth Tuesday” protest at News Corp headquarters on February 21, 2023 in New York City.  Michael M. Santiago | Getty Images News | Getty Images A Delaware judge on Friday said Dominion Voting’s $1.6 billion defamation

In this article GOOGL MELI GNRC BBBY VORB DWAC BB VTR QSR-CA ELF NKLA Follow your favorite stocksCREATE FREE ACCOUNT An exterior view of a Bed Bath & Beyond store on February 7, 2023 in Clifton, New Jersey. Kena Betancur | Corbis News | Getty Images Check out the companies making headlines in midday trading.

Ben Hasty | MediaNews Group/Reading Eagle via Getty Images The Treasury Department on Friday proposed new rules for determining which EVs will be eligible for tax credits under the new “critical mineral” and battery component requirements included in last year’s Inflation Reduction Act. While the Treasury Department hasn’t yet said which vehicles are eligible for

One Canada Square, at the heart of Canary Wharf financial district seen standing between the Citibank building and HSBC building on 14th October 2022 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images The prolonged period of loose monetary policy after the global financial crisis equated to central banks “nationalizing bond markets,”

In this article VORB Follow your favorite stocksCREATE FREE ACCOUNT The company’s 747 jet “Cosmic Girl” releases a LauncherOne rocket in mid-air for the first time during a drop test in July 2019. Greg Robinson / Virgin Orbit Virgin Orbit is ceasing operations “for the foreseeable future” after failing to secure a funding lifeline, CEO

In this article EVGO CROX GPN NFLX BBBY Follow your favorite stocksCREATE FREE ACCOUNT A Bed Bath & Beyond store in the Brooklyn borough of New York, US, on Monday, Feb. 6, 2023. Bed Bath & Beyond Inc. said it would shutter another 87 stores in addition to the 150 closures it announced in August.

In this article JBLU Follow your favorite stocksCREATE FREE ACCOUNT A JetBlue Airways Corp. plane prepares for landing at LaGuardia Airport in New York, U.S., on Tuesday, April 18, 2017. Bloomberg | Bloomberg | Getty Images JetBlue Airways is preparing to cut scores of weekly flights in the New York City area this spring and

China’s Premier Li Qiang addressed an international audience at Boao Asia forum in Boao, Hainan on March 30, 2023. Lintao Zhang | Getty Images News | Getty Images BO’AO, China — Chinese Premier Li Qiang sought to rally Asian countries behind China in his first public address to an international audience as premier. On Wednesday,

In this article SBUX Follow your favorite stocksCREATE FREE ACCOUNT CEO of Starbucks Howard Schultz sits off stage to listen to soon to be Starbucks CEO Laxman Narasimhan at Investor Day in Seattle, Washington Tuesday September 13, 2022. Melina Mara | The Washington Post | Getty Images Former Starbucks CEO Howard Schultz on Wednesday is

In this article 0R3T-GB UBSG-CH Follow your favorite stocksCREATE FREE ACCOUNT Sergio Ermotti, chief executive officer of UBS Group AG. Stefan Wermuth | Bloomberg | Getty Images Incoming UBS CEO Sergio Ermotti on Wednesday said his return to the helm was “a call of duty,” as the Swiss veteran takes on the task of restoring

In this article LCID LUCD Follow your favorite stocksCREATE FREE ACCOUNT Lucid Motors CEO Peter Rawlinson poses at the Nasdaq MarketSite as Lucid Motors (Nasdaq: LCID) begins trading on the Nasdaq stock exchange after completing its business combination with Churchill Capital Corp IV in New York City, New York, July 26, 2021. Andrew Kelly |

Federal Reserve Board Vice Chair for Supervision Michael S. Barr testifies at a Senate Banking, Housing and Urban Affairs Committee hearing on “Recent Bank Failures and the Federal Regulatory Response” on Capitol Hill in Washington, March 28, 2023. Evelyn Hockstein | Reuters The run on Silicon Valley Bank’s deposits this month went far deeper than

In this article CMG Follow your favorite stocksCREATE FREE ACCOUNT Chipotle restaurant in Teterboro, New Jersey. SOPA Images | LightRocket | Getty Images Chipotle Mexican Grill has agreed to pay $240,000 to the former employees of an Augusta, Maine, location as part of a settlement for closing the restaurant when workers tried to unionize. Employees