The UK government said it will appoint commissioners to take over the Birmingham City’s council, a dramatic move that underscores the perilous state of local authority finances after years of squeezed budgets.
Cboe Global Markets Inc. said Edward Tilly has resigned following an investigation that determined the chief executive officer didn’t disclose personal relationships with colleagues, ending a decade-long run during which the company’s stock more than tripled.
Goldman Sachs Group Inc. Chief Executive Officer David Solomon is safe in his role for now, according to prominent banking analyst Mike Mayo.
The United Auto Workers said more of its members will go on strike at General Motors Co., Ford Motor Co. and Stellantis NV facilities starting at noon Friday unless substantial headway is made toward new labor contracts.
Rocket Lab USA Inc., a small satellite-launch company, sank after a failed mission to space led to the loss of its primary Electron rocket and the payloads it was carrying to orbit.
The US and its Group of Seven allies see the war in Ukraine lasting for the medium or long term and understand that their planning needs to reflect that timeline, a senior State Department official said Tuesday on the sidelines of the UN General Assembly in New York.
Prime Minister Narendra Modi’s government resurrected a long-pending bill to reserve a third of lawmakers’ seats for women, an important constituency for the ruling Bharatiya Janata Party heading into next year’s national elections.
New US home construction dropped in August to the lowest level since June 2020, highlighting the toll of declining housing affordability.
Wreckage of a $100 million F-35 has been found, ending an intense hunt for the fighter jet that disappeared after its pilot ejected from the aircraft during a training mission over South Carolina, a spokesman for the US Marines said Tuesday.
European policymakers are being warned that easing too soon might be a very costly mistake.
