Charles Schwab CEO Walt Bettinger to retire by end of 2024
After 16 years with Texas-based Charles Schwab, CEO Walt Bettinger notified the company board of directors of his intent to retire by Dec. 31 ahead…
Sony Pictures CEO Tony Vinciquerra to step down, succeeded by Ravi Ahuja
Sony is changing the guard at its Culver City film and television studio.Tony Vinciquerra, Sony Pictures Entertainment’s chairman and chief executive who quietly rebuilt the…
Thousands of dockworkers from Maine to Texas strike for better wages, automation protections
Tens of thousands of dockworkers ports from Maine to Texas walked off the job early Tuesday as they go strike in demand for better wages…
Fishy diplomacy: What a hilsa ban reveals about India-Bangladesh tensions | Business and Economy News
Hilsa is Bangladesh’s national fish. Locally known as ilish, it is cherished as the queen among fish and forms part of the culinary identity of…
Russia to hike defence spending by a quarter in 2025 | Business and Economy News
Russia is hiking state spending on national defence by a quarter in 2025 to 6.3 percent of gross domestic product (GDP), the highest level since…
Google announces $1 billion investment in new data centers in Thailand
The view of the Google sign at its headquarters in Mountain View, California on January 5, 2010. Google said it will make a $1 billion…
Ford offers free installation of at-home charger to court first-time EV buyers
1 of 5 | Ford Motor Co. is trying to convince more Americans to buy or lease its electric vehicles, offering them new incentives like…
John Deere recalls nearly 165,000 utility tractors for brake defect
A potentially defective brake link caused John Deere on Thursday to recall almost 165,000 compact utility tractors sold in the United States and Canada. Source…
Trump Media co-founder, investor dumps shares following lockup period
One of the co-founders of Trump Media & Technology Group Corp., parent company of the Truth Social platform, has sold nearly his entire ownership stake…
WW International removes CEO – UPI.com
WW International has removed CEO Sima Sistani from the chief executive role effective immediately, the company previously known as Weight Watchers said in a statement,…
Britain’s business regulatory agency signs off on Amazon investment in Anthropic AI
Britain's Competition and Markets Authority had been looking at aspects of the partnership and if it would result in Amazon “having material influence” over Anthropic.…
U.S. fines Turkish shipping company $2M for dumping oil waste in ocean
The legal charges were related to a previous investigation about the January 2023 incident. DOJ says the Dream was traveling to New Orleans when it…
Scripps News is closing, another victim of the TV news business downturn
Television station group owner E.W. Scripps is shutting down its 24-hour news channel on Nov. 15, another sign of a contraction in the TV news…
NTSB issues ‘urgent’ safety warning for Boeing 737-MAX rudder systems
Rudder systems on certain Boeing 737 Max aircraft could be compromised due to faulty rollout guidance actuators, the National Transportation Safety Administration warned Thursday. File…
Right-wing network Newsmax settles Smartmatic defamation lawsuit
Newsmax has settled the defamation lawsuit from voting machine company Smartmatic over the right-wing network’s false reporting on fraud claims in the 2020 presidential election.A…
Southwest Airlines authorizes $2.5 billion stock buyback, announces changes for customers
As Southwest Airlines held its Investor Day Thursday, CEO Bob Jordan said a $2.5 billion stock buyback and a new three-year financial plan heralds a…
Supply issues loom as California phases out gas vehicles.
It’s becoming increasingly clear in Sacramento: The administration of Gov. Gavin Newsom is intent on pumping up state power to oversee the slow decline of…
IMF loan offers Pakistan relief but long-term reforms remain a challenge | Business and Economy News
Islamabad, Pakistan – After days of uncertainty, the International Monetary Fund (IMF) approved a $7bn loan programme for Pakistan on Wednesday, a move analysts welcomed…
Harris makes a ‘capitalist’ pitch to boost the economy
PITTSBURGH — Vice President Kamala Harris on Wednesday pledged to build an economy that is both pro-business and helps the middle class as she pushed back…
Ex-cop awarded over £1million in discrimination case after force stopped her from running side business
A FORMER police officer has been awarded more than £1million in a discrimination case after her force stopped her running a business on the side.Sergeant…