Business

U.S. issues fresh sanctions against Iranian officials for ‘brutal’ crackdown on peaceful protestors

The Treasury Department announced new sanctions against Iranian officials for the ‘brutal ongoing crackdown’ on peaceful protesters.

Germany unveils plans to legalise cannabis

Move would create the world’s largest regulated national market for the drug

Thousands of children aren’t turning up to school post-lockdown. Why?

Pupil attendance in England has plummeted. Educators say the crisis has been a long time coming

Music business scrambles to contain fallout from Kanye West controversy

Spotify, Universal and Sony denounce rapper’s anti-Semitic remarks but keep his songs available to stream

Elon Musk isn’t even done buying Twitter, but he’s already picking a fight with Apple

Latest salvos come one day before he’s expected to close the Twitter deal. Read More

Goldman says this options strategy around earnings is returning 13%. How to play it next

These stocks reporting in the weeks ahead have a cheap options strategy, according to Goldman Sachs.

JPMorgan still sees Amazon as best investing idea ahead of third quarter earnings

Even amid worry that the U.S. is facing a recession that will hit retailers, Amazon remains JPMorgan’s best idea ahead ...

Understanding neobanks, and whether you should use one

Neobanks are online and mobile-only banking platforms offered by fintech companies. Read More

Microsoft shares sink more than 8% on weak guidance but analysts bullish on rebound

Goldman Sachs analysts were not discouraged by the weaker, cyclical segments, and they reiterated their buy rating on the stock.

On New York City’s Sandy-ravaged Rockaway Beach, recovery is riven by race, class and inequality. ‘It’s a tale of two peninsulas’

The largely Black neighborhood of Edgemere is a stark contrast to the mostly white communities further west on the Rockaway ...

The Fed approved two new credit-scoring models that will improve accuracy within mortgage lending

The FICO 10T credit score model and the VantageScore 4.0 credit score models are expected to lower the barrier to ...

How to use reported earnings results to get early reads on Meta, Ford, Honeywell

As earnings season ramps up, one thing that can help investors get a jump on upcoming announcements is readily available: ...

Alito says leaked abortion opinion made conservative justices ‘targets for assassination’

Justice Samuel Alito said in remarks at the Heritage Foundation that he and his colleagues “want things to get back ...

Fetterman struggles in pivotal Pennsylvania debate with Oz

Democrat’s communication skills impaired by stroke ahead of key Senate battle with ex-TV doctor

Alphabet falls after disappointing earnings that analysts say could signal bad news for Meta

Shares of Alphabet dipped Wednesday, a day after the company released third-quarter earnings that missed on top and bottom lines.

US tech shares fall sharply after earnings disappoint

Google parent Alphabet reports slowdown in search advertising business

Rishi Sunak reinstates fracking ban in England

Prime minister reverses Truss’s position and ‘stands by’ Tory party’s 2019 manifesto commitment

Military briefing: West steps up tracking of possible Russian nuclear intent

Deducing whether Russia plans to use a ‘dirty bomb’ in Ukraine will be hard, officials say

Mercedes-Benz says car prices are ‘well-supported’ in China after Tesla cuts prices of its EVs

The vehicle maker expects full-year earnings for the group to be “significantly above” last year.

The Tulsa Race Massacre destroyed ‘Black Wall Street’ 100 years ago, and scientists are still analyzing DNA to find victims’ descendants

Victims of the Tulsa riot were never compensated, but a pending lawsuit seeks reparations for the only three known remaining survivors. Read ...

3 reasons behind Intel’s disastrous Mobileye IPO

The Israeli self-driving tech specialist has been a poor fit for Intel and the timing of its share sale has ...

Equifax and Oasis partner to build ‘privacy first’ on-chain KYC solution

“We believe that privacy is a fundamental human right,” Dawn Song, founder of Oasis Labs, tells Fortune. But “at the ...

3 states are fighting with the federal government and 2 irrigation districts over how to manage one of the longest rivers in North America

“Extreme drought and erratic climate events necessitate that states must work together to protect the Rio Grande.” Read More

Russia conducts first nuclear weapons drill since Ukraine invasion

Military exercises heighten western fears that Moscow is fabricating a pretext to escalate faltering campaign

What Cramer is watching Wednesday — mortgage demand collapses, tech red flags

The broadening case for the end of Federal Reserve interest rate tightening and the strong dollar.

Wall Street analysts see short-term pressure for Alphabet following earnings miss

Alphabet’s latest quarterly results have analysts wary about the tech giant’s near-term prospects.

Allies warn N Korea against seventh nuclear test

US, South Korea and Japan threaten ‘unparalleled’ response

Boeing reports quarterly loss on problems in Air Force One, tanker programs

Boeing’s defense unit drove the company to a loss, despite nearly $3 billion in free cash flow.

Uber whistleblower says company used ‘unlimited finance’ to silence drivers who complained

Mark McGann has urged the European Parliament to take action over big tech. Read More