Nissan will be the victim of cost-cutting “carnage” if it combines forces with Japanese peer Honda, former Nissan CEO Carlos Ghosn told CNBC on Tuesday. “I think, without any doubt, Honda is…
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Presidents have historically developed their own Christmas traditions as they make their unique marks on the White House during their terms. In recent years, Christmases have been spent in an…
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Editor's Pick
US citizen imprisoned in Russia given new 15-year sentence in wake of espionage conviction
A Russian-born U.S. citizen who was already behind bars in Russia on a bribery conviction has been handed a second sentence for espionage. Eugene Spector was sentenced to a new…
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The Consumer Financial Protection Bureau is suing Walmart and a financial technology firm, alleging they illegally forced drivers into using costly deposit accounts to receive their pay. The agency alleges…
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The IRS plans to issue automatic “special payments” of up to $1,400 to 1 million taxpayers starting later this month, the agency announced last week. The payments will go to individuals who…
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The toy industry is headed for its second consecutive annual sales decline, but it’s got one thing propping it up: colorful, interlocking plastic bricks. At a time when toy companies…
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Nordstrom on Monday announced it will become a private company after it agreed to a buyout deal valued at roughly $6.25 billion from Nordstrom’s founding family and Mexican department store El Puerto de Liverpool.…
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Editor's Pick
Top Biden ally ‘disappointed’ by president’s veto on bill to increase number of US judges
A top ally of President Biden is ‘disappointed’ after he vetoed a bill that would have increased the number of federal judges currently serving. Sen. Chris Coons, D-Del., who served…
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Editor's Pick
Dozens of House lawmakers rally around funding Afghan visa program as Trump vows major spending cuts
A group of 51 bipartisan lawmakers is urging House negotiators to keep up the flow of dollars to a visa program for Afghans fleeing the Taliban takeover of their country.…
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The FBI is issuing a stark warning to timeshare owners about a widespread telemarketing scam linked to a violent Mexican drug cartel. This scheme targets unsuspecting property owners, leading to…