President Joe Biden announced the federal government is drafting new rules that could require airlines to provide meals, hotels and additional compensation to travelers on canceled or severely delayed flights ahead of an expected crush of summer travel.
Twitter Inc. will purge accounts that haven’t been active for several years, and this could lead to a drop in follower counts, Chief Executive Officer Elon Musk tweeted Monday.
(Bloomberg) — Occidental Petroleum Corp. began buying back Berkshire Hathaway Inc.’s $10 billion of preferred stock, four years after Warren Buffett’s firm made the investment during the oil producer’s takeover of Anadarko Petroleum Corp.
Senate Republican leader Mitch McConnell warned he won’t come to President Joe Biden’s rescue on the debt limit by breaking a partisan deadlock as a catastrophic US default looms.
Catalent Inc. shares traded at their lowest in three years following cuts to its annual financial outlook that hurt investor confidence in the contract drug manufacturer.
New York City is spending about $8 million a day to house the 37,500 asylum seekers currently in shelters, a burden that is straining the budget and overwhelming city agencies, officials said Monday.
Peru’s largest company by market capitalization expects President Dina Boluarte to defeat attempts to oust her and serve out her term through 2026.
Expectations among US stock investors that the worst of pressures may have passed will likely be proven wrong as recession risk still looms, according to JPMorgan Chase & Co.’s Marko Kolanovic.
More than two dozen workers died in a Peruvian gold mine this weekend, spotlighting the risk for workers operating in one of the world’s top mining countries.
A Texas man admitted to providing performance-enhancing drugs to Olympic athletes before the 2021 games in Tokyo, becoming the first person convicted of a new anti-doping law.
