"business"

The price of crude oil touched its highest level in nearly 11 years on Wednesday amid the ongoing Ukraine crisis which has roiled energy markets. The WTI index, the U.S. …

By Sonali Paul MELBOURNE -The Australian government is helping coal importing nations find alternatives to Russia for supplies by connecting them with local producers, a government spokesperson said on Thursday, …

TAIPEI – Taiwan chip maker TSMC said on Thursday a number of its plants in Taiwan experienced short “power dips”, after large parts of the island were hit by power …

-Spotify said on Wednesday it has closed its office in Russia indefinitely in response to what the audio streaming platform described as Moscow’s “unprovoked attack on Ukraine.” Since July 2021, …

CHICAGO — A federal grand jury in Chicago today indicted former Speaker of the Illinois House of Representatives MICHAEL J. MADIGAN on racketeering and bribery charges for allegedly using his …

Earlier today, in federal court in Brooklyn, Peter Tuccio, an associate of the Gambino organized crime family of La Cosa Nostra, was sentenced by United States District Judge LaShann DeArcy …

BEAUMONT, Texas – A Crockett man has pleaded guilty to federal firearms violations in the Eastern District of Texas, announced U.S. Attorney Brit Featherston today. Shapala Butler, 32, pleaded guilty …

By David Lawder CHICAGO -The United States will address potential gaps in tough sanctions imposed on Russia over its invasion of Ukraine, U.S. Treasury Secretary Janet Yellen said on Wednesday, …

By Daphne Psaledakis and Matt Spetalnick WASHINGTON -The United States is preparing a sanctions package targeting more Russian oligarchs as well as their companies and assets, two sources familiar with …

– Cable news network CNN said on Wednesday it will launch a news and entertainment streaming service called CNN+ this spring, at an initial discounted subscription price of $2.99 a …

BEIJING – Activity in China’s services sector in February expanded at the slowest pace in six months, as the sprawling industry reels from the government’s tough containment measures to stop …

NEW YORK -Wells Fargo & Co and Bank of America each pledged on Wednesday to donate $1 million to the American Red Cross and other non-profit groups that are helping …

By Jeffrey Dastin -Amazon.com Inc said on Wednesday it plans to close all 68 of its brick-and-mortar bookstores, pop-ups and shops carrying toys and home goods in the United States …

– Amazon.com Inc is using its logistics capability to get supplies to those in need and cybersecurity expertise to help governments and companies as part of its support for Ukraine, …

By Paresh Dave and Jeffrey Dastin OAKLAND, Calif. -Ukrainians working at Western tech companies are banding together to help their besieged homeland, aiming to knock down disinformation websites, encourage Russians …

By Devik Jain and Noel Randewich – Wall Street ended sharply higher on Wednesday after Federal Reserve Chair Jerome Powell signaled the central bank would likely raise interest rates less …

NEW YORK – Federal Reserve chair Jerome Powell said he is inclined to support a 25 basis point rate increase at the March policy meeting but said the central bank …

By Howard Schneider and Lindsay Dunsmuir WASHINGTON -Federal Reserve Chair Jerome Powell, balancing high U.S. inflation against the complex new risks of a European land war, said Wednesday the central …

By Simon Jessop, Gloria Dickie and Benjamin Mallet LONDON/PARIS – A group of environmental organisations has filed a lawsuit in France against the country’s largest energy company TotalEnergies, accusing it …

By Saqib Iqbal Ahmed NEW YORK -The battered shares of Van Eck’s Russia ETF have attracted a surge of trader interest and drawn comparisons to last year’s so-called meme stock …

By Jonnelle Marte – The Federal Reserve’s nearly $9 trillion balance sheet has more room to decline than it did the last time the central bank shrank its holdings and …

-Lordstown Motors Corp’s former chief executive sold $13.5 million worth of shares in the electric vehicle startup on Monday, according to a regulatory filing on Wednesday, as it struggles to …

By Paresh Dave and Sheila Dang -Business software giant Oracle Corp said on Wednesday it has suspended all operations in Russia, while rival SAP SE later announced it would pause …

By Aditya Kalra NEW DELHI -Amazon.com Inc plans to initiate criminal court proceedings this week against its Indian partner Future Retail for allowing the transfer of assets to a major …

-American Eagle Outfitters Inc on Wednesday forecast a decline in earnings for the first half of 2022 as freight expenses surge and benefits from federal stimulus fade, sending its shares …