President Joe Biden’s reelection campaign condemned Florida Governor Ron DeSantis in a clash over how the history of slavery in America is taught in his state, saying he supported the notion that an “utterly evil” system had benefits for the enslaved.
Heat waves are bringing about extreme weather across Europe, from wildfires in Greece, to hailstorms in Italy and heavy rainfall in the Balkans.
Tesla Inc. has started offering consumers 84-month auto loans after Elon Musk said the carmaker would “have to do something” about rising interest rates.
Ukraine’s finance ministry said it completed the nationalization of Sense Bank JSC from foreign stakeholders controlled by a group of Russian businessman including Mikhail Fridman and Petr Aven.
The Group of Twenty energy ministers meeting in India ended without a consensus on the phase-down of fossil fuels, adding to the sluggish progress on climate diplomacy ahead of key meetings this year.
Earnings, earnings, earnings. This week, good news comes first and US bank stocks have been on a tear. Earnings reports lured investors back to the downtrodden shares, which has helped the sector reduce its drop this year to 13%, from as much as 29% in May. Lenders including Zions Bancorp and KeyCorp led the charge. Still, regulatory shifts and potential commercial real estate credit issues are looming, meaning there may be more bank stock woes to come.
Offshore wind projects are facing an economic crisis that erased billions of US dollars in planned spending this week — just as the world needs clean energy more than ever.
AutoStore Holdings Ltd., a Norwegian robotics company, will pay £200 million ($257 million) to UK software company Ocado Group Plc to settle a global dispute over patent infringements.
There’s growing concern on Wall Street that the twin engines of this year’s tech-stock surge are at risk of sputtering.
More than a century of long-term population growth in California could be over, according to new projections that show the state will have about the same number of people in 2060 as it does now.
