Fox News agreed to pay $12 million to a former producer to settle lawsuits claiming she endured sexist behavior while at the network and was coerced to give misleading answers in a deposition by Dominion Voting Systems Inc.
US airlines continued to grapple with flight disruptions heading into the busy weekend ahead of Independence Day, keeping the industry on edge even as the recent volatility driven by bad weather and air-traffic control limits showed signs of subsiding.
Resources are stretched so thin at Brazil’s mining regulator that officials have walked off the job, saying budget and staffing shortfalls are hindering oversight including safety and leave the agency at risk of collapse.
Odey Asset Management is in talks with Lancaster Investment Management to transfer funds run by portfolio manager James Hanbury and restructure its flagship hedge fund as the investment firm grapples with the fallout from sexual assault allegations against its founder.
Federal Reserve Bank of Chicago President Austan Goolsbee said it’s too soon to say whether policymakers should raise rates or hold them steady in July, but said inflation remains well above target and has proved more persistent than expected.
Brent oil posted its longest run of quarterly losses in data going back more than three decades amid robust supplies and persistent concerns over demand.
The Wagner mercenary group may continue its destabilizing security operations in Africa even after its chief Yevgeny Prigozhin launched — and later abandoned — an uprising against Russia’s military leaders, a White House official said.
Colombia’s central bank kept borrowing costs unchanged Friday, likely ending its most aggressive monetary tightening cycle ever as inflation slows and the economy loses momentum.
George Santos, the embattled Republican congressman charged with fraud, will spend his summer vacation reviewing thousands of pages of evidence against him, his lawyer told a federal judge.
Dozens of student-loan relief advocates descended on the steps of the Supreme Court on Friday to demand President Joe Biden find other ways to forgive college debts after the justices struck down one of his administration’s signature programs.
