Newsroom Headlines

A top U.S. banking regulator on Wednesday warned banks to manage the risks to consumers posed by increasingly popular "buy now, pay later" financing for retail spending, saying the service creates

The co-founder of Hong Kong-registered virtual currency exchange Bitzlato, a Russian national who U.S. authorities accuse of processing about $700 million in illicit funds, is expected to enter a

U.S. companies scaled back hiring in November, with manufacturers reducing headcount to the lowest level since early 2022, adding to evidence of a cooling labor market, Bloomberg News reported

Johnson & Johnson's worldwide vice president for litigation said yesterday that the company has recently reached settlements with several law firms over their clients' claims that J&J talc products

Enforcement action against crypto firms may have peaked after last month's $4.3 billion settlement with Binance, as such cases provide companies with a "template" for how they should be governed, a

Trucking company XPO Inc. won a bid to buy 28 service centers of bankrupt Yellow Corp for $870 million in a closely watched auction of the nearly 100-year-old firm's assets, Reuters reported. Yellow

Van’s Aircraft has filed for chapter 11 protection while it reorganizes with the goal of maintaining existing services and emerging as a solvent company again, AVWeb.com reported. In a statement

The ownership entity for the Gastonia Honey Hunters baseball team has filed for bankruptcy, the Charlotte Business Journal reported. On Dec. 1, NC Gas House Gang LLC, which is led by Brandon Bellamy

SmileDirectClub Inc. is in talks with its founders and creditors about a plan to save the once high-flying dental aligner company from liquidation, Bloomberg News reported. Publicly traded

The top bosses of JPMorgan, Morgan Stanley, Citigroup and other Wall Street banks will warn lawmakers that capital hikes and new regulations will hurt the economy, according to prepared congressional