A jogger runs by the U.S. Capitol as the deadline to avert a partial government shutdown approaches at the end of the day on Capitol Hill in Washington, U.S., September 30, 2023.Ken Cedeno | ReutersBEIJING — The U.S. Congress increasingly has its eye on American capital that's allegedly funded China's military development,...
Category: Finance
EU-China trade relations are in a ‘slow-motion train accident,’ business group says
A photovoltaic module company in Hefei, Anhui province, on Feb. 20, 2024.Future Publishing | Future Publishing | Getty ImagesBEIJING — Trade tensions between Europe and Beijing will likely escalate due to China's growing ability to manufacture more cheaply in strategic industries, according to Jens Eskelund, president of the European Union...
Morgan Stanley names a head of artificial intelligence as Wall Street leans into AI
The Morgan Stanley digital sign is seen at the company's Times Square headquarters in New York, U.S., on Friday, Jan. 12, 2016.John Taggart | Bloomberg | Getty ImagesMorgan Stanley promoted a tech executive in its wealth management division to become the bank's first head of firm-wide artificial intelligence, CNBC has...
Shareholder payouts hit a record $1.7 trillion last year as bank profits surged
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 5, 2024.Brendan Mcdermid | ReutersLONDON — Global dividend payouts to shareholders hit a record $1.66 trillion in 2023, according to a new report by British asset manager Janus Henderson.The Global Dividend Index...
DOJ opens investigation into Alaska Airlines incident of door panel blowing out midair, WSJ says
An Alaska airlines Boeing 737 is taking off from Los Angeles International AirPort (LAX) in Los Angeles, California, on March 6, 2024.Daniel Slim | Afp | Getty ImagesThe Justice Department has started a criminal investigation into the Alaska Airlines incident where a door panel blew out mid-air two months ago,...