business news

U.S.-China relations are going downhill with ‘no trust’ on either side, Stephen Roach says

Relations between the U.S. and China are on a “dangerous” path with “no trust” on either side, political observers told…

U.S. House committee chair signs subpoena for State Department Afghanistan documents

The Republican chairman of the U.S. House of Representatives Foreign Affairs Committee said on Monday he signed a subpoena to…

Private equity deals in Asia plunged 44% in 2022. More uncertainty may be ahead

Asia-Pacific’s private equity market plummeted last year — as investors’ appetite for risk fell in the face of inflation and…

Most Americans think Trump did something illegal or unethical, poll finds

As former President Donald Trump sounds off on multiple investigations that appear to be heading toward possible charges, three in…

Stocks making the biggest midday moves: Coinbase, First Citizens, Roku and more

Check out the companies making the biggest moves midday: Coinbase Global — Shares of the cryptocurrency exchange tumbled 7.8% in…

Fed’s Barr calls Silicon Valley Bank failure a ‘textbook case of mismanagement’

The Federal Reserve’s top banking regulator said Monday that the failure of Silicon Valley Bank was due largely to mismanagement,…

Supreme Court refuses appeal by lawyer jailed for contempt in $9.5 billion Chevron environmental case

The Supreme Court refused Monday to consider the appeal of a disbarred lawyer jailed for contempt of court after he…

Here’s why the U.S. had to sweeten terms to get the SVB sale done

The winning bidder in the government’s auction of Silicon Valley Bank’s main assets received several concessions to make the deal…

Stocks making the biggest moves premarket: Pinterest, First Citizens, Caterpillar & more

Check out the companies making headlines before the bell. Pinterest — Pinterest gained 4.3% after UBS upgraded the social media…