President Joe Biden will reportedly suggest Christy Goldsmith Romero to replace Martin Gruenberg as the head of FDIC.
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FDA Took Over a Year to Act on Whistleblower Tip About Abbott Nutrition, New Audit Finds
An audit revealed that the FDA took over 15 months to act on a whistleblower complaint about conditions at an Abbott Nutrition factory.
US Returns Additional $156 Million to Malaysia From Stolen 1MDB State Fund
The United States (US) has returned $156 million to Malaysia, which was recovered from assets seized in investigations into a global corruption scheme involving the 1Malaysia Development Berhad (1MDB) state fund.
Ford Cancels Expensive EV Dealership Program That Requires Investment of Over $1 Million
Ford ended an expensive program that pushed dealers to invest over $1 million to sell EVs. The Ford Motor Company logo is seen July 20, 2008 at a dealership in Hudson, Wisconsin.
G7 Agrees to Give Ukraine $50 Billion Loan Amid War vs. Russia
The leaders of the Group of Seven, the world’s wealthiest nations, have agreed to create a $50 billion loan to help Ukraine in its fight to survive Russia’s onslaught, with interest earned on profits from Russia’s frozen central bank assets used as collateral.
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Goldman Sachs plans to double its lending to wealthy private bank clients in the next five years. Goldman Sachs plans to double its lending to wealthy private bank clients with account sizes surpassing $10 million in the next five years.
Microsoft President Brad Smith was intensely questioned by a House homeland security panel on Thursday regarding the company's security practices and ties with China.
Ascension said the May ransomware attack was triggered by an employee who mistakenly downloaded a malicious file.
Former National Security Agency (NSA) director and retired US Army general Paul M. Nakasone has been named as the new board member of OpenAI.
Shareholders of Tesla approved the move to increase the pay package of CEO Elon Musk to $56 million.
T-Mobile secures a $2.67 billion contract with the U.S. Navy for advanced communication technologies, supported by its partnership with SpaceX for improved service delivery.
Wise's stock plunged 10% after projecting slower revenue growth, expecting a 15-20% income increase for FY ending March 2025, down from 31% last year.
Apple's deal to integrate ChatGPT into its devices for iOS18 is reportedly without financial compensation, with OpenAI banking on "exposure" to Apple's consumer base.
Singaporean company Fullerton Healthcare faced charges of graft and corruption in bribes by co-founders, but one of them, David Sin, was granted permission to leave the country.
