News

JetBlue Airways Corp.‘s second largest shareholder is calling on the US carrier to shrink its board to five people from the current 13 as part of efforts to slash spending and return to profits.
Russia’s economy faces a worsening outlook that is graver than publicly acknowledged, with a credible risk of a systemic banking crisis in the next 12 months, according to Russian banking officials.
US consumer sentiment rose sharply in June to a four-month high and inflation expectations improved notably as concerns eased about the economic outlook and personal finances.
University of Michigan’s Joanne Hsu can tell US households are in a foul mood. Is anyone listening?
Tokyo Gas Co. is in discussions with multiple US liquefied natural gas suppliers to secure a long-term purchase agreement, as rising energy demand leaves Japan increasingly dependent on the fuel ...
In an era of anti-establishment ire, Matthew Tuttle is betting there’s demand for a retail-friendly fund designed to profit from political influence in Corporate America.
South Africa’s state logistics company has ramped up deliveries of coal on the country’s main export rail line after addressing operational and security-related issues, according to Thungela ...
Wall Street is poised to receive a big gift courtesy of the Federal Reserve. The central bank unveiled plans to roll back an important capital rule that big banks have complained limits their ...
Saks Global Enterprises has reached a $600 million debt deal with a number of its existing lenders that would force some creditors to accept losses and push them back in the repayment priority line.
New York City mayoral hopeful Zohran Mamdani has rattled Wall Street with his plans to raise taxes on the rich, freeze rents and boost spending to pay for free childcare and education at the city ...
While the Supreme Court limited judges’ power to block Trump’s executive orders, it left them some options to achieve the same outcomes.
Hong Kong’s de-facto central bank spent more than a billion dollars propping up the city’s currency, as it sought to defend a peg that has been strained by volatility in the greenback.