US appeals court rejects bail for Chinese businessman awaiting fraud trial
A U.S. federal appeals court has rejected a bid for bail by a self-exiled Chinese businessman awaiting trial in a $1 billion fraud case
2023-06-15 07:27
Iowa city hires outside firms to investigate partial building collapse
Two firms have been tasked with investigating the partial collapse of a six-story apartment building in Davenport, Iowa, that left three dead, many injured and dozens displaced
2023-06-15 05:56
Robert Gottlieb, celebrated literary editor of Toni Morrison and Robert Caro, dies at 92
One of the greatest literary editors in modern times, Robert Gottlieb, has died
2023-06-15 05:47
Ex-Starbucks manager awarded $25.6 million in suit over firing after 2018 arrests of 2 Black men
Jurors in federal court in New Jersey have awarded $25.6 million to a former regional Starbucks manager who alleged that she and other white employees were unfairly punished by the coffee chain after the high-profile arrests of two Black men in 2018 at a Philadelphia location
2023-06-15 05:29
Jury: PacifiCorp must pay punitive damages for wildfires, plus award that could reach billions
A jury in Oregon says the electric utility PacifiCorp must pay punitive damages for causing devastating wildfires in 2020
2023-06-15 04:53
Stock market today: Wall Street swings as Fed keeps rates steady but signals more hikes may come
Stocks are swinging on Wall Street after the Federal Reserve hinted it may raise interest rates two more times this year
2023-06-15 03:48
Fed keeps rates unchanged for first time in 15 months but signals 2 more potential hikes this year
The Federal Reserve kept its key interest rate unchanged after having raised it 10 straight times to combat high inflation
2023-06-15 03:46
Bud Light, top US seller since 2001, loses sales crown to Modelo as backlash continues
After more than two decades as America’s best-selling beer, Bud Light has slipped into second place
2023-06-15 03:17
What you should know as the Fed gets closer to the peak of its rate-hiking cycle
The Federal Reserve’s decision to leave interest rates alone for the first time in 11 meetings raises hopes that it may be at least nearing the end of its rate-hiking campaign to cool inflation
2023-06-15 02:55
MGM says it did nothing wrong as 'fraudster' gambled online
Gambling giant MGM Resorts International says it did nothing wrong in its dealings with a New York City man who accuses it of preying on his gambling addiction with repeated cash bonuses intended to keep him gambling
2023-06-15 01:54
Elizabeth Holmes objects to $250 monthly restitution payments proposed by government
Federal prosecutors are seeking for Elizabeth Holmes to pay a monthly amount of $250 to victims of her failed blood testing startup after she leaves prison — but her attorneys have pushed back, and cited the ex-Theranos CEO’s “limited financial resources.”
2023-06-15 01:17
New airline planes will be required to have secondary barriers to the cockpit to protect pilots
It will be harder to break into the cockpit on new airline planes
2023-06-15 00:15