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The number of Americans filing new claims for unemployment benefits increased modestly last week and private employers hired more workers than expected in May, pointing to continued labor market
More than three years after the pandemic slammed movie theaters, reducing the flow of new films and keeping patrons away, operators hope a slew of wide releases this summer will finally get those who
Johnson & Johnson yesterday faced the first trial in almost two years over claims that asbestos in its baby powder and other talc products causes cancer, as it seeks to settle thousands of similar
The cancer-treatment specialist GenesisCare has filed for bankruptcy protection, after struggling under a debt load enlarged by a $1.5 billion takeover, the Wall Street Journal reported. Australia
Sam Bankman-Fried is seeking documents from a law firm that advised his defunct FTX cryptocurrency exchange, saying in a court filing that they could help him beat fraud charges, Reuters reported. The
U.S. banks saw total deposits decline by a record 2.5% in the first quarter of 2023, and industry-wide profits were relatively flat after taking into account the effects of two large bank failures
The Consumer Financial Protection Bureau (CFPB) has ordered installment lender OneMain Financial to pay $20 million in redress and penalties for failing to refund interest charged to 25,000 customers
The Global Tee Co. LLC, a seller of motivational fitness apparel, has filed for chapter 11 bankruptcy protection, citing the effects of the COVID-19 pandemic on the business, Crain's Grand Rapids
A divided U.S. House of Representatives passed a bill to suspend the $31.4 trillion debt ceiling on Wednesday, with majority support from both Democrats and Republicans to overcome opposition led by
After three consecutive months of declines, job openings jumped in April, reaching 10.1 million, the Labor Department reported yesterday, the New York Times reported. The surge signals that job