Wednesday, November 6, 2024

Bussiness

UK leader Keir Starmer is marking 100 days in office. It has been a rocky ride

LONDON (AP) — British Prime Minister Keir Starmer marks 100 days in office Saturday with little cause for celebration.Starmer’s center-left Labour Party was elected...

Bain Makes Binding Offer for Fuji Soft, Outbidding KKR by 7%

(Bloomberg) -- Bain Capital made a binding takeover proposal for Fuji Soft Inc. as it seeks to outmaneuver private equity rival KKR & Co.,...

China to Issue Local Government Bonds to Support Property Sector

(Bloomberg) -- China will allow local governments to issue bonds to support the ailing property sector as it pushes to put a floor under...

Drought is parching the world’s largest man-made lake, stripping Zambia of its electricity

LAKE KARIBA, Zambia (AP) — Tindor Sikunyongana is trying to run a welding business which these days means buying a diesel generator with costly...

China’s big banks to cut existing mortgage rates Oct 25

BEIJING (Reuters) - Four of China's biggest state-owned banks announced cuts on Saturday to existing mortgage rates starting on Oct. 25, as the authorities...

Appeals court revives lawsuit in fight between 2 tribes over Alabama casino

MONTGOMERY, Ala. (AP) — A federal appeals court on Friday revived a lawsuit filed by one Native American tribe over another’s construction of a...

TikTok was aware of risks kids and teens face on its platform, legal document alleges

TikTok was aware that its design features are detrimental to its young users and that publicly touted tools aimed at limiting kids’ time on...

Vet tranquillizer increases overdose deaths in Yukon, health minister says

WHITEHORSE — The Yukon government says its coroner's service is investigating six suspected toxic drug deaths between Sept. 23 and Oct. 4.A statement from...

Boeing will lay off 10% of its employees as a strike by factory workers cripples airplane production

Boeing plans to lay off about 10% of its workers in the coming months, about 17,000 people, as it continues to lose money and...

TikTok was aware of risks kids and teens face on its platform, legal document alleges

TikTok was aware that its design features are detrimental to its young users and that publicly touted tools aimed at limiting kids’ time on...

Mercury found in water near Yukon mine disaster, Yukon government says

WHITEHORSE — The Yukon government says mercury levels that "exceeded the water quality objective" were found in a creek near the site where a...

Rio Takes Step Toward M&A Redemption With $6.7 Billion Lithium Bet

(Bloomberg) -- A little over a decade ago, Rio Tinto Group was reeling from the impact of disastrous investments. First, the bruising top-of-the-market purchase...

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