The US Inflation Reduction Act has forced Canada to “step up” with public money to lure investment from major firms, Prime Minister Justin Trudeau said Friday in a Bloomberg Television interview.
Deutsche Bank AG spent a decade shedding jobs, settling legacy litigation and undoing acquisitions that had gone awry after the financial crisis.
Peter Thiel, the billionaire tech investor and one-time adviser to President Donald Trump, is renewing his argument that there are more serious issues facing society than debates over diversity and identity politics.
A House vote to reinstate solar tariffs as high as 254% on panel imports from Southeast Asia fell short of the super-majority needed to overcome a veto threat from the White House.
President Joe Biden is commuting the sentences of 31 people with nonviolent drug offenses as part of a wider effort to reform the criminal justice system.
Chinese truckmaker Beiqi Foton Motor Co. is planning a second plant in Mexico to manufacture electric vehicles with an eye on US exports.
A child-labor scandal has plunged a company owned by private equity titan Blackstone Inc. into a rapidly escalating crisis — and set off alarms.
NBCUniversal Chief Executive Officer Jeff Shell, who was terminated this week following a complaint about sexual harassment, lost $43.3 million in stock options and other pay as a result of his dismissal.
Billionaire Marcos Galperin briefly pondered pursuing a rugby career instead of leaving his native Argentina for university and ultimately founding Latin American e-commerce and payments powerhouse MercadoLibre Inc.
The slump in the yen spurred by the latest Bank of Japan decision drove the currency to its weakest level since just after the collapse of Lehman Brothers Holdings Inc. in 2008.
