NEWS
In the latest display of diplomatic tensions between Washington and Beijing, U.S. Secretary of State Antony Blinken traveled to China to engage in high-stakes discussions with top officials in Beijing and Shanghai. The visit, which first saw Blinken arrive in the financial hub of Shanghai on April 24, is laden
Biden Administration Races to Avert Rail Shutdown, Smaller Union Rejects Deal
Biden administration officials, keen to avert a potential rail shutdown that could disrupt cargo shipments...
Explainer: Why Western Canada Has Some of the Cheapest Natural Gas in the World
Despite soaring global demand for natural gas, Canadian producers are struggling with volatile prices...
South Korea Fines Google, Meta Billions of Won for Privacy Violations
South Korea levied tens of millions of dollars in fines on Alphabet's Google and Meta Platforms for privacy...
Biden Declares ‘Detroit is back’ as he Lauds Shift to Electric Vehicles
President Joe Biden took a victory lap on Wednesday at the Detroit auto show, highlighting automakers...
California Alleges Amazon.com Stifled Price Competition in Lawsuit
California filed a lawsuit against Amazon.com on Wednesday, alleging that the company violated antitrust...
NYC Homeless Shelters Buckling Under the Weight of a Flood of Migrants Bused in From Texas
New York’s already stressed shelter system is buckling under the weight of thousands of migrants being...
Kuehne Raises Lufthansa Stake to 17.5% as Germany Sells Remaining Shares
BERLIN/ZURICH — Logistics entrepreneur Klaus-Michael Kuehne has increased his stake in Lufthansa to 17.5%...
UBS To Boost Dividend, Sees Buybacks Above 2022 Target
ZURICH — UBS Group plans to increase its dividend by 10 percent and expects 2022 share repurchases to...
IMF’s Georgieva Says Central Bankers Must Be ‘Stubborn’ in Fighting Inflation
WASHINGTON — Central bankers must be persistent in fighting broad-based inflation, International Monetary...