The US Supreme Court sharply limited the use of race as a factor in university admissions. The decision rolls back decades of precedents that had allowed affirmative action programs in higher education.
A shooting outside the US consulate in the Saudi Arabian port city of Jeddah left two people dead, according to the State Department, which said no Americans were killed in the incident.
The US Supreme Court is considering a radical overhaul of the college admissions process that would alter the country’s most elite institutions and workplaces.
Citizens Financial Group Inc. plans to sell more bonds backed by prime auto loans following its first such deal last week as it pulls back from lending to auto buyers, according to people familiar with the matter.
Jaime Gilinski made an unsolicited $836 million cash offer for Colombian retailer Almacenes Exito just a month after the billionaire banker reached a deal to take control of the country’s largest food maker.
President Joe Biden’s chief economic adviser said that inflation numbers should improve through the second half of the year and that there’s a reasonable chance the pace could get down around 2% by the time of the November 2024 election.
Hennes & Mauritz AB shares rallied after the Swedish fast-fashion retailer made progress reducing a longstanding inventory buildup, leading to greater optimism profitability will improve.
Canadian investment bank Canaccord Genuity Group Inc. said it faces an investigation related to its wholesale market-making activities and may have to pay a “significant penalty” to settle it.
In Quebec City, majestic stone fortifications have stood for hundreds of years, a monument to the days when French colonists erected them to keep out the enemy. Today the city faces the opposite challenge — how to entice more outsiders to come in.
US unemployment benefits applications fell last week by the most since October 2021 in a week that included the Juneteenth holiday.
