business news

Regulators hit Citigroup, JPMorgan Chase, Goldman Sachs and Bank of America over living will plans

Banking regulators on Friday disclosed that they found weaknesses in the resolution plans of four of the eight largest American…

DJT share price down nearly 50% since Trump guilty verdict

The stock price of Trump Media has nearly been cut in half in the roughly three weeks since a New…

Nearly $109 million in deposits held for fintech Yotta’s customers vanished in Synapse collapse, bank says

Ledgers of the failed fintech middleman Synapse show that nearly all the deposits held for customers of the banking app…

Putin says Russia is ramping up its nuclear arsenal — and is open to security talks with NATO states

Russia is ready to hold security talks with NATO states, President Vladimir Putin said Friday, while affirming Moscow’s intentions to…

China has spent at least $230 billion to build its EV industry, new study finds

BEIJING — China spent $230.8 billion over more than a decade to develop its electric car industry, according to analysis…

China talks up support for IPOs. Investors are watching the speed of approval

BEIJING — Chinese authorities this week announced new policy for supporting venture capital, raising hopes for faster approvals of initial…

U.S. and China hold first informal nuclear talks in 5 years, eyeing Taiwan

The United States and China resumed semi-official nuclear arms talks in March for the first time in five years, with Beijing’s representatives telling U.S. counterparts that they would not resort to…

Melinda French Gates endorses Joe Biden for president

Melinda French Gates, a philanthropist and the former wife of Microsoft co-founder Bill Gates, announced Thursday that she will vote…