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Credit Suisse has reported a pre-tax loss of more than 1.3 billion Swiss francs, or about $1.4 billion, in the fourth quarter of last year. The results Thursday come as new managers vie to right the … more
Australia has for the first time rejected a coal mining application based on environmental law. The government is under pressure to block all new coal and gas extraction projects in the interest of … more
Toyota has reported an 8.1% drop in its net profit in the last quarter as a global shortage of computer chips and soaring raw material costs battering the auto industry hit Japan’s top automaker. … more
Officials are asking about railroad safety after a fiery derailment in Ohio generated a huge plume of smoke and forced evacuations in a small town because of concerns about the toxic chemicals the … more
President Joe Biden has sparked a firestorm by saying in his State of the Union address that the United States will need oil “for at least another decade.″ Republicans laughed at Biden’s … more
Australia's Defense Department will remove surveillance cameras made by Chinese Communist Party-linked companies from its buildings. The Australian newspaper reported Thursday that at least 913 … more
Many Twitter users have found themselves unable to tweet, follow accounts or access their direct messages as the Elon Musk-owned platform experienced a slew of widespread technical problems. Twitter … more
National Transportation Safety Board investigators apparently have solved the mystery of why no one was found behind the wheel of a Tesla that crashed in a Texas two years ago, killing two men. The … more
Netflix has a plan to deal with rampant account sharing: a program that lets subscribers pay extra to share their account with people outside their household. The streaming giant introduced paid … more
The Walt Disney Co.’s latest quarterly results topped Wall Street’s forecasts, as solid growth at the entertainment giant’s theme parks helped offset tepid performance in its video streaming … more
Google is a company built on finding quick answers to people’s questions. But suddenly it finds itself grappling for a response to a potential threat to its internet empire — a form of artificial … more
Ohio’s privatized economic development office has finalized an agreement that will infuse another $237 million into Honda's massive battery plant project in the state. The Japanese automaker … more
Nearly a quarter-century after Google’s search engine began to reshape how we use the internet, big tech companies are racing to revamp a familiar web tool into a gateway to a new form of … more
France’s TotalEnergies SE doubled its profits in 2022, joining other international oil and gas companies in fattening their bottom lines as high energy prices surged after Russia’s invasion of … more
As the new chairman of the Senate committee that oversees health and labor issues, Vermont Sen. Bernie Sanders says some corporations “should be nervous.” And the longtime liberal crusader’s … more
Microsoft’s stalled $68.7 billion deal to buy video game company Activision Blizzard has hit a fresh hurdle in the United Kingdom. Britain's antitrust watchdog said Wednesday that the deal will … more
The world’s biggest shipper, Denmark’s A.P. Moeller-Maersk, says 2022 was its most profitable year but warned that a plunge in container volumes and freight rates would lead to a drop in earnings … more
A jury has sat solemnly in a gilded hall in central London, presided over by a bewigged representative of the crown in flowing black robes, but there were no criminals in the dock. Britain’s … more
As U.S.-China relations cool amid trade disputes and espionage fears stoked by the Chinese spy balloon shot down off the Atlantic Coast, lawmakers in Congress and at least 11 statehouses are weighing … more
Shopping for a new or used car over the last few years has become a frustrating and expensive undertaking. For those who haven’t been in the market recently, car shoppers have had to deal with … more
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