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Trump’s court overhaul is set to be even broader if he wins
President Donald Trump has reshaped the federal judiciary. If he wins another four years, he could transform it entirely. Trump heads into next week’s Republican National Convention able to boast […]
For Uber, the ‘stall game’ averts a reckoning over its driver pay
Uber Technologies Chief Executive Officer Dara Khosrowshahi’s warning that the company may have to temporarily shut down in California is textbook strategy for the ride-hailing giant: When adverse court […]
Former Fed Chair Yellen advising Biden-Harris ticket
Democratic presidential nominee Joe Biden and his running mate Kamala Harris received their first joint economic briefing on Thursday, which included former Federal Reserve Chairwoman Janet Yellen. Two of Biden’s […]
Pentagon to share 5G spectrum with US telecoms
The White House and Pentagon presented plans Monday to help U.S. telecom companies build new ultrafast 5G networks by allowing commercial use of airwaves previously reserved for military radar. The […]
Busted retailers use bankruptcy to break leases by the thousands
With the pandemic intensifying the plight of U.S. retailers, companies from J. Crew Group to the owner of Ann Taylor are using Chapter 11 bankruptcy filings to quickly get out […]
U.S. borrowing breaks fresh records, shifting focus to the Fed
The U.S. government will push its fundraising to new extremes this quarter to cope with a budget deficit unseen since the country mobilized to fight World War II. The Treasury […]
Virgin Atlantic files for Chapter 15 bankruptcy in US
Richard Branson’s Virgin Atlantic Airways filed for Chapter 15 bankruptcy protection in the U.S. on Tuesday after telling a London court it was set to run out of cash next […]
Under Armour says Plank, CFO named in SEC accounting probe
Under Armour Inc. said two top executives, including founder Kevin Plank, have been named in a federal probe of the company’s accounting, sending shares of the Baltimore-based athletic wear maker […]
US consumer sentiment posts surprise drop after surge in virus
U.S. consumer sentiment turned decidedly more pessimistic in July, defying forecasts for further improvement after the resurgent coronavirus nearly wiped out emerging confidence around reopenings. The University of Michigan’s preliminary […]
Roundup cancer settlement hits snag
Bayer’s plan for moving on from its Roundup legal woes hit a snag barely two weeks after it announced a nearly $11 billion settlement of claims the popular weedkiller causes […]
Does demise of Atlantic Coast project mean U.S. pipelines now unbuildable?
To be an energy superpower, U.S. oil and gas requires a suitably gargantuan pipeline network that stretches for millions of miles. The country’s ability to expand that infrastructure is being […]
Fed’s next policy move looks tied to long-run view on inflation
Jerome Powell isn’t “even thinking about thinking about” raising interest rates, but investors still wonder what it would take for the Federal Reserve chair to start taking his foot off […]
