Business News
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Stocks waver over worries about Deutsche Bank, other banks
Stocks are wavering on Wall Street amid worries about banks on both sides of the Atlantic
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Washington Supreme Court upholds effort to balance tax code
The Washington Supreme Court on Friday upheld the state’s new capital gains tax, which was adopted by lawmakers in an effort to balance what is considered the nation’s most regressive tax code
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Deutsche Bank shares drop amid global jitters over banks
Shares in Deutsche Bank, Germany’s largest lender, have fallen sharply and dragged down major European banks as fears about the global financial system send fresh shudders through the market
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Report: No turbulence during fatal business jet flight
A report says a woman’s fatal injuries aboard a business jet diverted to a Connecticut airport occurred when the aircraft violently bucked up and down as the pilots responded to alerts about the flight stabilizing trim system
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Much of West Coast faces ban to fish salmon amid low stocks
Federal officials are expected to prohibit king salmon fishing this season along much of the West Coast, which many predict could stretch into 2024 season as the drought and other factors take their toll on the iconic Chinook fish
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Ford's Tenn. plant could make 500K electric pickups per year
Ford says its new assembly plant being built in western Tennessee will be able to build up to 500,000 electric pickup trucks per year at full production
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Chad nationalizes assets by oil giant Exxon, says government
Chad's government said it was nationalizing all assets from multinational oil giant, Exxon Mobil, including hydrocarbon and exploration permits
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UK watchdog softens position on Microsoft Activision deal
British antitrust regulators scrutinizing Microsoft’s blockbuster purchase of videogame maker Activision Blizzard have dropped concerns that the deal would hurt the console gaming market
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Why does US see Chinese-owned TikTok as a security threat?
TikTok CEO Shou Zi Chew has endured a nearly six-hour grilling by U.S. lawmakers, some of whom are pushing to ban the popular short-video app nationwide
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EU leaders play down bank risks as economy weakens
European Union leaders are playing down the risk of a banking crisis developing from recent global financial turmoil and hitting an already weak economy
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