Breaking News: Business

Supermarket bank branches are closing 7 times faster than other locations

American banks have been shuttering branches located within supermarket chains at a rate seven times faster than other locations amid…

Manhunt underway for suspect in Maine shooting that left at least 18 people dead

Law enforcement agencies are searching for the suspect in a mass shooting that left at least 18 people dead and…

Morgan Stanley says Ted Pick will succeed James Gorman as CEO on Jan. 1

Morgan Stanley said Wednesday that Ted Pick will succeed James Gorman as CEO at the start of 2024. Pick, a…

Mike Johnson elected House speaker, putting Louisiana Republican in the spotlight

Republican Rep. Mike Johnson of Louisiana was elected speaker of the House of Representatives on Wednesday, ending a three-week leadership…

Tucker Carlson media company signs its first ad deal

Former Fox News host Tucker Carlson’s new media company has officially signed its first advertising deal. The agreement, worth at…

Eight Republicans are vying to become the next House speaker. These are the candidates

Deeply divided Republican lawmakers this week are trying to coalesce around a nominee for speaker of the House of Representatives…

Regional bank shares slump as lenders warn of more pain from higher interest rates

Regional banks suffered a steep sell-off Friday after a number of weak quarterly earnings reports highlighting the negative impact from…

After blockbuster Microsoft deal, gaming giants are still sitting on $45 billion cash hoard

Publicly listed gaming companies are sitting on a $45 billion pile of cash and cash equivalents — and that could…

Jim Jordan loses second House speaker vote, as GOP weighs dwindling options

Rep. Jim Jordan’s bid to become speaker of the U.S. House of Representatives failed Wednesday for the second time in…