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Economy

How billionaire Caltagirone could influence Italy’s banking M&A wave

MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector that is…
Investing

OpenAI to release web browser in challenge to Google Chrome

SAN FRANCISCO — OpenAI is close to releasing an AI-powered web browser that will challenge Alphabet’s market-dominating Google Chrome, three people familiar…
Investing

Sports executive charged with bid-rigging in Texas arena project

Oak View Group CEO Tim Leiweke was indicted on a federal criminal conspiracy charge related to allegedly rigging a bid to develop,…
Investing

White House accuses Powell of mismanaging Federal Reserve, citing headquarters renovation

President Donald Trump’s budget chief on Thursday said that Federal Reserve Chairman Jerome Powell “has grossly mismanaged the Fed” and suggested he…
Investing

Italian chocolate giant Ferrero to buy Kellogg’s Froot Loops maker

What’s “Froot Loops” in Italian? The European confectionary company Ferrero has agreed to buy WK Kellogg Co., the manufacturer of iconic American…
Latest News

Duffy just got an additional job in Trump’s administration — and he’s not the only one wearing multiple hats

The Trump administration has repeatedly assigned additional job roles to Cabinet members and other officials amid government shake-ups as the president solidifies…
Latest News

‘It will happen quickly’: State Dept poised to act after Supreme Court green-lights agency layoffs

State Department spokesperson Tammy Bruce said the agency is poised to move ‘quickly’ after the Supreme Court shot down a lower court’s…
Latest News

Duffy just got an additional job in Trump’s administration, and he’s not the only one wearing multiple hats

The Trump administration repeatedly has assigned additional job roles to Cabinet members and other officials amid government shake-ups as the president solidifies…
Latest News

State Department to begin mass layoffs of about 1,800 employees in coming days

The State Department informed U.S.-based employees on Thursday that it would soon begin laying off nearly 2,000 workers after the recent Supreme…
Latest News

Biden cover-up probe heats up as another ex-White House aide sits down with GOP

A former top White House advisor is slated to appear before House Oversight Committee investigators on Friday as GOP lawmakers probe whether…
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