Business

Here’s what changed in the new Fed statement

This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting on Jan. 26.Text removed from the January statement is in red with a horizontal line through the middle.Text appearing for the first time...

Tech execs face jail time under new UK rules

scyther5 | iStock | Getty Images PlusExecutives at companies like Meta, Google, Twitter and TikTok could face jail time sooner than anticipated if they fail to cooperate with the U.K. internet regulator, Ofcom.The U.K. government announced Wednesday that executives...

Coalition aims to end gender pay gap for pre-IPO companies by 2027

A jabot collar is seen placed on the Fearless Girl statue outside of the New York Stock Exchange (NYSE) in honor of recently passed Associate Justice of the Supreme Court of the United States Ruth Bader Ginsburg in Manhattan,...

Russian-Ukraine war to lower car production by millions of units

A worker attaches a wiring harness to the chassis of an X model SUV at the BMW manufacturing facility in Greer, South Carolina, November 4, 2019.Charles Mostoller | ReutersDETROIT – The war in Ukraine is expected to lower global...

Who could be in the running

Kevin Johnson, CEO, StarbucksScott Mlyn | CNBCStarbucks' board is searching for the coffee giant's next CEO after Kevin Johnson announced his plan to retire in April.Former CEO Howard Schultz will step in as interim chief executive for his third...

GM to begin production next week brand’s first EV

An undated handout photo shows the new Cadillac Lyriq, one of the electric vehicles that General Motors Co said on October 20, 2020, that its Spring Hill, Tennessee, factory will begin to produce.General Motors Co. | ReutersDETROIT — General...

Biden nominee Sarah Bloom Raskin withdraws Federal Reserve candidacy

Sarah Bloom Raskin, President Joe Biden's embattled nominee to the Federal Reserve, on Tuesday withdrew her candidacy to serve at the central bank, ending a weekslong partisan battle in the Senate over her views on climate policy, a person...

White House says U.S. will run out of money to fight pandemic

A healthcare worker prepares a dose of the Pfizer-BioNTech Covid-19 vaccine at a vaccination clinic in the Peabody Institute Library in Peabody, Massachusetts, on Wednesday, Jan. 26, 2022.Vanessa Leroy | Bloomberg | Getty ImagesThe White House on Tuesday warned...

Democrats urge Biden to restart climate negotiations in stalled plan

U.S. President Joe Biden speaks during an event at Germanna Community College February 10, 2022 in Culpeper. Virginia.Win McNamee | Getty ImagesMore than 80 House Democrats this week called on President Joe Biden to restart negotiations over his delayed...

Astra stock ASTR swings: LV0009 rocket reaches orbit

A view from onboard the upper stage of rocket LV0009 during the company's livestream on March 15, 2022.Astra / NASASpaceflightRocket builder Astra returned to flight with a successful orbital mission Tuesday, despite a momentary hiccup. The company's shares swung...
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