business news

Judge lifts Trump gag order in $250 million New York business fraud case

A New York judge on Thursday temporarily suspended a gag order barring former President Donald Trump from commenting on court…

Jury convicts David DePape, attacker of Nancy Pelosi husband

 A California federal court jury on Thursday convicted David DePape of crimes related to his brutal hammer attack last year…

Fed’s Mester wants ‘much more evidence’ that inflation has been defeated

Cleveland Federal Reserve President Loretta Mester said Thursday that this week’s news showing lower levels of inflation isn’t enough to…

Morgan Stanley fined for putting customer personal data at risk in computer purge: New York AG

Morgan Stanley agreed to pay a fine of $6.5 million to a coalition of six states for compromising the personal…

Rep. George Santos will not seek reelection after damning House Ethics report

Rep. George Santos said Thursday that he will not seek reelection next year after a damning new House Ethics report…

Charlie Munger says there isn’t the slightest chance Buffett traded own account to enrich himself

Berkshire Hathaway Vice Chairman Charlie Munger pushed back against a report that alleged his partner Warren Buffett at times traded…

Burberry shares sink 9% as luxury spending slowdown bites

LONDON — Burberry shares plunged 9% on Thursday after the British luxury fashion retailer warned that full-year operating profit will…

Morgan Stanley CEO says his firm is ready for ‘Basel III endgame’ — the sweeping new global rules on banking

SINGAPORE — Morgan Stanley Chairman and CEO James Gorman said his firm will be able to cope with “any form”…