Citigroup CEO Jane Fraser reorganizes businesses, cuts jobs as bank is mired in stock slump
Jane Fraser CEO, Citi, speaks at the 2023 Milken Institute Global Conference in Beverly Hills, California, May 1, 2023.Mike Blake ...
Tag: Breaking News: Business
Ford to double F-150 hybrid pickup production as EV sales growth slows
2024 Ford F-150 PowerBoost Platinum hybridFordDETROIT — Ford Motor plans to double production of a hybrid version of its F-150 ...
RTX to take $3 billion charge on Pratt & Whitney engine problem
Model of a Pratt & Whitney GTF engine is displayed at the 54th International Paris Air Show at Le Bourget ...
Shrink and theft losses near $1 billion at Lowe’s — here’s how much they’re costing other retailers
A range of retailers are again blaming shrink as one of the reasons they saw another quarter of lackluster profits.But ...
How Elon Musk set Tesla on a new course for self-driving
The following is adapted from Walter Isaacson's biography "Elon Musk," publishing Sept. 12.On a Friday in late August of this ...
Elon Musk biographer moves to ‘clarify’ details about Ukraine and Starlink after backlash
Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of Twitter, looks on as he attends the Viva ...
Abortion pill company asks Supreme Court to decide mifepristone case
Mifepristone, also known as RU-486, is a medication typically used in combination with misoprostol to bring about a medical abortion ...
Ripple buys crypto infrastructure startup in its second acquisition of 2023
Cryptocurrency company Ripple announced on Friday it will acquire Fortress Trust, a startup specializing in crypto infrastructure, giving it a ...
Kroger will pay up to $1.2 billion to settle most nationwide opioid claims
The Kroger supermarket chain's headquarters is shown in Cincinnati, Ohio.Lisa Baertlein | ReutersKroger on Friday said it has agreed to ...
Tesla to install charging stations at 2,000 Hiltons in North America
Tesla plans to install 20,000 electric vehicle charging stations across 2,000 Hilton properties in the U.S., Mexico and Canada beginning ...
