Less carbon, more electric vehicles: automakers prepare for potential Biden win

By David Shepardson and Tina Bellon Automakers are gearing up for tough new vehicle emissions rules and policies favoring electric vehicles if Democratic presidential candidate...

Morgan Stanley unveils scholarship fund for Black colleges

By Imani Moise Morgan Stanley <MS.N> said on Wednesday it will cover college expenses for 60 students at historically Black colleges and universities (HBCUs) in...

U.S. railroad Amtrak sees travel down 70% in 2021

By David Shepardson The chief executive of Amtrak will tell lawmakers on Wednesday the U.S. passenger railroad expects travel and revenue to fall by more...

Investment bankers’ new pitch… Sell now, or pay double under Biden

By Joshua Franklin and Chibuike Oguh Investment bankers keen to win lucrative assignments have a new pitch for U.S. corporate owners: hire us to sell...

Cubans risk collapsing homes as its communist government struggles to tackle housing woes

Wooden props support the ceiling of Cuban pensioner Filiberto Suarez' apartment in Havana as his building, like so many others in the Caribbean island...

New stock market listings mint China billionaires at record pace

China is minting new billionaires at a record pace despite an economy bruised by the coronavirus pandemic, thanks to booming share prices and a...

If Biden wins, his economic plans will take a back seat to battle the coronavirus

By Howard Schneider The Democratic party's sprawling presidential primary last spring offered a wide-open debate on economic policy ranging from the merits of wealth taxes...

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Coronavirus and the great workplace debate

By John Kemp Decisions on where and how to work are embodied in trillions of dollars of investment worldwide, including the siting of commercial and...

A wild four years in Trump’s stock market

By Noel Randewich and Saqib Iqbal Ahmed The Trump rally, a trade war, and then a crippling pandemic: The four years since President Donald Trump's...

FBI probes string of recent ransomware attacks on U.S. hospitals

By Christopher Bing The FBI is investigating the recent targeting with ransomware of more than two dozen hospitals across the United States by a sophisticated...

Thousands of German police plan to hunt for lockdown violators

Germany plans to deploy thousands of federal police officers across the country to enforce toughened coronavirus restrictions from Monday, including the closure of restaurants...

U.S. economy notches record growth in third quarter

By Lucia Mutikani The U.S. economy grew at an unrivaled pace in the third quarter as the government poured out more than $3 trillion worth...