State Street denied it was in talks to acquire Credit Suisse, knocking back a report that it was pursuing the troubled Zurich-based lender. The US custody bank on Wednesday had initially declined to… [+2599 chars]
Procter & Gamble, noting the shortage of tampons nationwide, blames comedian Amy Schumers ad for their products rise in demand. P&G makes Tampax, the best-selling tampon brand in America. Sc… [+2970 chars]
Amazon on Thursday rolled out a new augmented reality shopping tool that lets users virtually try on shoes they may be interested in buying. Amazon said the tool would make the online shopping exper… [+1334 chars]
Investment in fintech is slowing as worries around rising inflation and the prospect of higher interest rates have dented economic sentiment. AMSTERDAM Financial technology companies are putting IPO… [+3693 chars]
Average long-term U.S. mortgage rates made a swift jump this week, further squeezing cash-strapped American homeowners. On Thursday, a 30-year fixed-rate mortgage averaged 5.23%, according to Fredd… [+2106 chars]
Two people were rescued after falling into a tank full of chocolate at the Mars M&M factory in Pennsylvania Thursday, officials said. Both patients were transported to the hospital, Assistant Su… [+735 chars]
The owner of the struggling One America News Network (OAN) suggested on Thursday that Elon Musk was interested in purchasing the conservative news outlet. But no one was buying it especially the Tes… [+1466 chars]
Bitcoin (BTC) briefly broke above $32,000 on May 31, but the excitement lasted less than four hours after the resistance level proved to be tougher than expected. The $32,300 level represented a 20% … [+4273 chars]
A whistleblower at Abbott Nutrition alerted the company about issues with a baby formula plant in Michigan in February 2021, months earlier than previously known, according to the Wall St. Journal. … [+2420 chars]
Freeport LNG, operator of one of the largest US export plants producing liquefied natural gas (LNG), will shut for at least three weeks after an explosion at its Texas Gulf coast facility, raising th… [+1624 chars]
European gas prices jumped on Thursday after an explosion at one of the biggest US liquefied natural gas export terminals, highlighting the fragility of global supplies as many countries attempt to c… [+2659 chars]
Shoppers enter a Kohl's store in Peoria, Illinois. A little-known conglomerate of companies including The Vitamin Shoppe, Pet Supplies Plus and a home furnishing chain called Buddy's is suddenly the… [+8163 chars]
