An appeals court declined to revive billionaire Leon Black’s racketeering suit alleging a conspiracy to destroy his reputation by his Apollo Global Management Inc. co-founder Josh Harris and ex-model Guzel Ganieva.
Some of the valves on railroad tank cars designed to keep volatile, toxic chemicals from exploding were damaged in the Ohio derailment last month as the train burned, investigators said Thursday.
Starbucks Corp. on Thursday said it isn’t planning to send interim Chief Executive Officer Howard Schultz to testify on alleged labor-law violations before a US Senate committee.
The House Ethics Committee says it is continuing its review of whether New York Representative Alexandria Ocasio-Cortez may have violated House rules on “impermissible gifts” associated with her rented dress, accessories and other items tied to her attendance at the Met Gala in New York City in 2021.
President Joe Biden’s nominee to lead the World Bank said there’s sufficient scientific evidence that burning fossil fuels contributes to climate change, seeking to address criticism about the lender’s commitment to the issue under its outgoing chief.
Waning interest in Covid-19 vaccines has left a long-standing drug developer, Novavax Inc., struggling to stay afloat and handed short sellers a windfall.
Two California men were sentenced to prison for plotting to firebomb the Democratic headquarters in the state’s capital following the 2020 presidential election.
A rare run on a US bank is unfolding at the moment as crypto-focused Silvergate Capital Corp. plunges. But the damage to the broader financial system is likely contained, as the trouble facing Silvergate is particular to the bank and mostly limited to its customers and other crypto-linked firms.
Silvergate Capital Corp.’s woes deepened on Thursday, a day after the bank raised questions about whether it can stay in business, with the shares plummeting to a record low and key partners cutting off ties to the crypto-friendly bank.
The railroad sensors that failed to detect an overheated bearing in time to prevent the Ohio train derailment and toxic spill use antiquated technology and have a mixed record of preventing accidents.
