What could possibly go wrong with the British rail services? Currently, the system is a mess. Late arrivals of trains are just one symptom of the problem. Routinely cancelled trains are another. Lack of maintenance of the rolling stock and the rail lines only add…
Fisker CEO Henrik Fisker told staff during an all-hands meeting on Thursday that the company was in talks with four automakers for a potential buyout, according to a recording of the event viewed by Business Insider.”We still have some time to get other offers on Fisker,” he told staff on…
World leaders are in Ottawa negotiating a treaty to end plastic pollution.The US, a major plastic exporter, says its a dealmaker but is under pressure to be more ambitious.Plastic production is on the rise globally and could account for 20% of carbon emissions by 2050. World leaders are gathering in…
(Reuters) -International Monetary Fund (IMF) staff and Ecuadorean authorities have reached a staff-level agreement to underpin a four-year, $4 billion extended fund facility, the IMF said in a statement on Thursday.”Amid a challenging macroeconomic outlook, our objective has been and remains to support the authorities’ efforts to improve the living…
By Daniel Wiessner(Reuters) – The U.S. Federal Trade Commission’s ban on “noncompete” agreements commonly signed by workers is likely vulnerable to legal challenges, experts said, as some courts have grown increasingly skeptical of federal agencies’ power to adopt broad rules. The commission in unveiling the rule on Tuesday said agreements…
HAVANA (Reuters) – Argentine jet fuel providers in Buenos Aires refused to service Cuban state airline Cubana this week citing concerns over U.S. trade sanctions on Cuba, the Havana-based carrier said late on Wednesday, prompting multiple unexpected flight cancellations.Cubana de Aviacion S.A., which operates flights within Cuba and to various…
In the Supreme Court case over whether former President Donald Trump may…
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View MoreKim Kardashian will join Vice President Kamala Harris at the White House on Thursday for a roundtable to discuss pardons issued by President Joe Biden earlier this month, a White House official said Thursday. Kardashian previously met with former President Donald Trump at the White House as part of her advocacy for criminal justice reform. In 2018, she sat down with Trump in the Oval Office, where she was joined by Alice Marie Johnson, whose life sentence was commuted by Trump in 2018 on the heels of the reality TV star’s advocacy. In 2019, she delivered remarks from the White House…
Hear tense exchange with Justice Alito during abortion arguments During a Supreme Court hearing on Idaho abortion law, Solicitor General Elizabeth Prelogar and Justice Samuel Alito clashed over fetal protections…
By Jack Queen(Reuters) – Donald Trump’s criminal hush money trial is set to resume in New York on Thursday with a former tabloid publisher testifying about efforts to help Trump’s…
Former President Donald Trump on Wednesday night downplayed the 2017 white supremacist rally in Charlottesville, Virginia, which led to a woman’s death, as a “peanut” compared to the demonstrations happening…
Markets
View MoreAUD/USD falls back down below 0.6500 after US Q1 GDP data reveals persistent price pressures. The pair reverses the strong…
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View MoreStocks tumbled Thursday after the latest U.S. economic data showed a sharp slowdown in growth and pointed to persistent inflation.The Dow Jones Industrial Average slid 611…
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A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. America’s relentless spending has kept the economy motoring. But it’s starting to worry…
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