Earlier this week, Treasury Secretary Janet Yellen spoke at a banking conference about the government’s decision to protect both insured and uninsured depositors after Silicon Valley Bank and Signatur

JPMorgan Chase kept bags of stones in a warehouse thinking they were nickel. The discrepancy was discovered by the London Metals Exchange last week. But this is not an isolated case — it has happene

When the Federal Reserve board last met, at the end of January, its main concern was whether it needed to continue hiking interest rates aggressively in order to bring down inflation. When it met yest

NEW YORK, March 23 (Reuters) - Hundreds of workers at five U.S. Walmart facilities that fulfill e-commerce orders are being asked to find jobs within 90 days at other company locations,

Email icon An envelope. It indicates the ability to send an email. Facebook Email icon An envelope. It indicates the ability to send an email. Email Twitter LinkedIn icon The word "in". LinkedIn Gen

The US cannabis industry shows no signs of slowing down, generating $28 billion in sales last year alone. Seventy-two percent of Americans have used cannabis at least once over the past year, and the

March 22 (Reuters) - Citigroup Inc (C.N) CEO Jane Fraser on Wednesday expressed confidence in U.S. banks after a series of closures rattled investors and fueled turmoil in global financi

Accenture Plc said on Thursday it would cut about 19,000 jobs and lowered its annual revenue and profit projections, the latest sign that the worsening global economic outlook was sapping corporate sp

Virgin Orbit (VORB) is currently negotiating with Matthew Brown, a private investor, to win a $200 million capital infusion that would give Brown control of the company, Reuters first reported today (

FDA gives 2nd safety nod to cultivated meat, produced without slaughtering animals Enlarge this image toggle caption Brian L. Frank for NPR/Brian L. Frank for NPR Brian L. Frank for NPR/Brian L. Fran

TOKYO/NEW DELHI, March 20 (Reuters) - Japan's Prime Minister Fumio Kishida on Monday announced a new plan to promote an open and free Indo-Pacific, promising billions of dollars in inves

[1/3] U.S. Federal Reserve Board Chair Jerome Powell holds a news conference after the Fed raised interest rates by a quarter of a percentage point following a two-day meeting of the Federal Open Mark

At a time when Credit Suisse has been saved with a state-sponsored takeover by its competitor UBS, it is fitting to recall how UBS itself was bailed out 15 years ago by the Swiss authorities with a ma

The workers say that the new CEO should reject the anti-union tactics of his predecessor, Howard Schultz. Hundreds of Starbucks workers from coast to coast are striking on Wednesday to send the compa

watch now U.S. Federal Reserve Chair Jerome Powell addresses reporters after the Fed raised its target interest rate by a quarter of a percentage point, during a news conference at the Federal Reserv

Jerome Powell, chairman of the US Federal Reserve. Bloomberg | Bloomberg | Getty Images The Federal Reserve will close its two-day meeting Wednesday with a heavy air of uncertainty as the central ban

Amazon has plans to lay off at least 27,000 workers this year, including 9,000 that were announced in an internal email Monday morning. One unexpected casualty: Digital Photography Review, also known

Germany's plans to legalize cannabis for adult-use are one of a series of socially progressive policies proposed by Chancellor Olaf Scholz's "traffic light" coalition government. Picture Alliance | Ge

Howard Schultz announced on Tuesday that he is stepping down from his post as Starbucks CEO two weeks earlier than his scheduled departure date, resigning just before a hearing led by Sen. Bernie Sand

ZURICH, March 21 (Reuters) - Days before a hastily convened press conference late on Sunday that would make the world's front pages, Switzerland's political elite were secretly preparing

In this article UBSG-CH CSG.N-CH Follow your favorite stocks CREATE FREE ACCOUNT A branch of Swiss banking giant Credit Suisse behind a window under the rain, in Basel. (Photo by FABRICE COFFRINI /

New York CNN — On the morning of January 20, one Google employee had to call tech support after getting hit with an unusual error message when they tried to log in to their work system. Another empl

Artists accuse owner Ricco Wright of failing to pay them nearly $100,000 for the sales of their work. Black Wall Street Gallery owner Ricco Wright. Photo by Sarah Cascone. Time has been running out

Ikea has enlisted more drones to keep tabs on its inventory. In a blog post shared last week, Ingka, the legal entity responsible for most of Ikea’s stores, says it now has a total of 100 autonomous d

Why car prices are still so high — and why they are unlikely to fall anytime soon Enlarge this image toggle caption Justin Sullivan/Getty Images Justin Sullivan/Getty Images It has been nearly three

March 20 (Reuters) - A Russian court on Monday froze all Volkswagen (VOWG_p.DE) assets in Russia, in the latest obstacle to the German carmaker's year-long efforts to wind down its Russi

March 20 (Reuters) - U.S. banking stocks rose on Monday and Europe's lenders recovered from a sharp early sell-off after UBS Group's state-backed takeover of Credit Suisse appeared to cl

Signature Bank was shut down by regulators in March in efforts to prevent a larger banking crisis. A subsidiary of New York Community Bancorp has entered into an agreement with U.S. regulators to pur

Online shopping sites like Etsy, and eBay, and payment network PayPal, among other companies, want Congress to change the new $600 reporting threshold for IRS Form 1099-K . The rule which currently ap

There was $14 million in legal marijuana purchased in Maine in February, bringing the total for the year to $28 million. This is according to data released by Maine’s Office of Cannabis Policy (OCP),

According to data released by the California Department of Tax and Fee Administration, California has garnered over $4.6 billion in tax revenue from legal marijuana sales. In total California has ear

In this article GM 9866-HK XPEV 2015-HK Follow your favorite stocks CREATE FREE ACCOUNT A worker checks the quality of a vehicle before rolling off the assembly line at the production workshop of

In Montana there was $353 million in legal marijuana sold between January, 2022, and February of this year, resulting in over $50 million in taxes. In total since January, 2022 Montana sold $248,407,

March 18 (Reuters) - UBS AG (UBSG.S) is asking the Swiss government to cover about $6 billion in costs if it were to buy Credit Suisse (CSGN.S), a person with knowledge of the talks said

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London CNN — The fate of Credit Suisse could be decided in the next 36 hours after a torrid week for Switzerland’s second biggest bank. Investors and customers pulled their money out of Credit Suiss