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Urban Meyer Put on Leave During Ohio State Investigation

Urban Meyer Put on Leave During Ohio State Investigation

One of college football’s most successful coaches was sidelined on Wednesday as the school probes when he became aware of recent domestic-violence allegations involving a former Buckeyes assistant coach.

Published 2 months ago

Stockpiling food for a no-deal Brexit? Really?

Stockpiling food for a no-deal Brexit? Really?

It turns out the UK is not even prepared for the preparations to leave the EU

Published 1 second ago

China crackdown on bad debt forces wave of loans on the market

China crackdown on bad debt forces wave of loans on the market

Banks under pressure offload portfolios just as liquidity tightens

Published 1 second ago

Insurers Seek Smaller Rate Increases on ACA Plans

Insurers Seek Smaller Rate Increases on ACA Plans

After years of big rate increases on Affordable Care Act plans, insurers in many states are seeking smaller hikes and even some reductions, according to new federal data that provide the broadest view so far of next year’s health-law markets.

Published 2 months ago

Tesla Doubles Loss, but Burns Less Cash Than Expected

Tesla Doubles Loss, but Burns Less Cash Than Expected

Tesla doubled its loss in the second quarter but burned less cash than expected, as the rush of new Model 3 sales helped alleviate some pressure to sustain operations as it targets a profit in the second half of the year.

Published 2 months ago

Trump Presses Sessions to End Russia Investigation

Trump Presses Sessions to End Russia Investigation

President Trump urged Attorney General Sessions to end the Russia investigation “right now,” renewing public pressure on the nation’s top law-enforcement official to halt the probe.

Published 2 months ago

Federal Reserve Holds Rates Steady, Says Economy Is Strong

Federal Reserve Holds Rates Steady, Says Economy Is Strong

The Federal Reserve held short-term interest rates steady and offered an upbeat assessment of the economy’s performance, suggesting another interest-rate increase is likely at its next meeting.

Published 2 months ago

Carl Icahn Has Sizable Stake in Cigna, Plans to Vote Against Express Scripts Deal

Carl Icahn Has Sizable Stake in Cigna, Plans to Vote Against Express Scripts Deal

Activist investor Carl Icahn has built a sizable stake in Cigna and plans to vote against the health insurer’s $54 billion planned purchase of Express Scripts.

Published 2 months ago

Trump Presses Sessions to End Russia Investigation

Trump Presses Sessions to End Russia Investigation

President Trump urged Attorney General Sessions to end the Russia investigation “right now,” renewing public pressure on the nation’s top law-enforcement official to halt the probe.

Published 2 months ago

Treasury Plans to Boost Borrowing as Trillion-Dollar Deficits Loom

Treasury Plans to Boost Borrowing as Trillion-Dollar Deficits Loom

Projected trillion-dollar federal deficits are prompting the U.S. Treasury to increase its borrowing substantially, which could restrain a fast-growing economy as the cost of credit also rises.

Published 2 months ago

Tesla Doubles Loss, But Burns Less Cash Than Expected

Tesla Doubles Loss, But Burns Less Cash Than Expected

Tesla doubled its loss in the second quarter but burned less cash than expected, as the rush of new Model 3 sales helped alleviate some pressure to sustain operations as it targets a profit in the second half of the year.

Published 2 months ago

America’s Long Love Affair With Beer Is on the Rocks

America’s Long Love Affair With Beer Is on the Rocks

U.S. drinkers, for the first time, are more likely to choose a glass of wine or a cocktail than a beer, a moment that is pushing the brewing industry towards a crisis. “If this is not a wake-up call that we have to do something, I don’t know what is,” says one beer executive.

Published 2 months ago

Wells Fargo Reaches $2.09 Billion Settlement Over Mortgage-Backed Securities

Wells Fargo Reaches $2.09 Billion Settlement Over Mortgage-Backed Securities

Wells Fargo agreed to pay $2.09 billion to settle with the Justice Department over the sale of toxic mortgage-backed securities in the lead-up to the financial crisis.

Published 2 months ago

U.S. Announces Sanctions on Turkey Officials Over Detention of American Pastor

U.S. Announces Sanctions on Turkey Officials Over Detention of American Pastor

The U.S. placed sanctions on Turkey’s ministers of justice and interior over the detention of an American pastor.

Published 2 months ago