Business
-
MSG Networks nears deal to skirt bankruptcy — potentially clearing path for YES merger: sources
Under terms of the deal, MSGN -- which carries the Knicks, Rangers, Islanders, Devils and Sabres and Gotham FC -- will win a debt refinancing in...
-
Major firms cut earnings forecasts as Trump’s tariffs are poised to impact everyday product prices — here’s how it could affect your wallet
Several industry bellweathers slashed their earnings forecasts on Thursday, citing the impact from President Trump's tariffs.
-
Hyundai launches tariffs task force, shifts production of popular SUV to US to avoid hefty import taxes
The automaker said it has moved some manufacturing of Tucson crossovers to the US from Mexico, and is weighing whether to shift some South Korean...
-
U.S. filings for jobless benefits inch up as labor market remains strong despite fears of downturn
U.S. applications for jobless benefits rose modestly last week as business continue to retain workers despite fears of a possible economic downturn.
-
China says trade talks with U.S. haven't started
China on Thursday said there haven't been any trade talks between its side and the U.S., dampening investor enthusiasm after the Trump...
-
Federal red ink now costs businesses more than $2.1 trillion per year, report says
The cost of federal regulations has grown to more than $2.1 trillion per year, almost as much as the government's annual haul from income taxes,...
-
Feds left billions in tainted pandemic loans in the hands of potential fraudsters
The Small Business Administration forgave $4.6 billion in pandemic loans to people on its naughty list, the agency's inspector general said...
-
Home sales slump at start of crucial spring buying season as high mortgage rates and rising prices deter buyers
Home prices increased on an annual basis for the 21st consecutive month, although at a slower rate.
-
US stocks tick up as investors hope for progress on trade talks
Investors remained hopeful for progress on lower tax rates, even after China said there are no ongoing discussions with the US on tariffs.
-
Technology behind private messaging app Telegram names Maximilian Crown new CEO
Telegram has become a so-called "Super App" similar to a product like China’s WeChat, because it has grown to include an ecosystem allowing users...
-
Nintendo Switch 2 fans crash Target, Best Buy websites during pre-orders after delay over tariffs
The Nintendo Switch 2 pre-sale caused massive online outages for retail stores as they struggled to keep up with the demand of eager gamers...
-
Jury decides Norfolk Southern should pay for the $600 million settlement in 2023 Ohio derailment
The company that owned the railcar that caused the devastating East Palestine train derailment in 2023 won't have to help pay for the $600 million...