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UBS brings back Sergio Ermotti as CEO with Credit Suisse deal ahead

UBS said Wednesday that it's bringing back former CEO Sergio Ermotti to lead the Swiss bank as it moves forward with a government-orchestrated plan to take over struggling rival Credit Suisse

Environmental groups slam German government's energy, climate deal

Green groups have criticised a deal between Germany's 3 governing parties on energy and climate policies, saying Wednesday that it risks watering down essential measures to curb global warming

UBS to bring back former CEO Ermotti with Credit Suisse deal ahead

UBS said Wednesday that it's bringing back former CEO Sergio Ermotti to lead the Swiss bank as it moves forward with a government-orchestrated plan to take over struggling rival Credit Suisse

Kevin McCarthy presses Joe Biden to negotiate debt ceiling impasse

House Speaker Kevin McCarthy, R-Calif., said on Tuesday he's increasingly concerned about President Joe Biden's unwillingness to negotiate on lifting the nation's borrowing authority

Nashville school shooter bought 7 guns before attack, says police

The person who killed three children and three adults at a Christian school in Nashville legally bought seven firearms in recent years and hid the guns from their parents

Apple to roll out buy now, pay later service, with guardrails this spring

Apple is getting into the buy now, pay later space with a few tweaks to the existing model including no option to pay with a credit card

FTX founder Bankman-Fried charged with paying $40 million bribe to China

FTX founder charged with directing USD 40 mn in bribes to one or more Chinese officials to unfreeze assets relating to his cryptocurrency business in a newly rewritten indictment unsealed on Tuesday

Renewable energy needs to be ramped up to meet global climate goals

Governments agreed in the 2015 Paris climate accord to limit the global temperature rise to 2 C (3.6 F) ideally no more than 1.5 C above pre-industrial averages

Honda recalls more than 330,000 vehicles due to side-view mirror issue

The National Highway Traffic Safety Administration said that the vehicles don't comply with the necessary rear visibility requirements

US labour activists push for $20 per hr minimum wage as inflation persists

New York, California and Massachusetts are among states where pro-labour forces are now pushing proposals that, if approved, would boost minimum wages to USD 20 or more in the coming years

Study says warming-fuelled killer tornados to hit South of US more often

America will probably get more killer tornado- and hail-spawning supercells as the world warms, according to a new study that also warns the lethal storms will edge eastward to strike

US, Japan reach agreement on vital minerals for electric vehicle batteries

This announcement is proof of President Biden's commitment to building resilient and secure supply chains, US Trade Representative Katherine Tai said in a statement

Fed official: SVB management itself was responsible for bank's failure

The nation's top financial regulator is asserting that Silicon Valley Bank's own management was largely to blame for the bank's failure earlier this month

Heavy rain washes out second ODI between New Zealand and Sri Lanka

The second one-day cricket international between New Zealand and Sri Lanka was abandoned Tuesday because of rain

Russia says it has test-fired anti-ship missiles in the Sea of Japan

Russia's Defense Ministry says Moscow has test-fired anti-ship missiles in the Sea of Japan

Kim Jong-un wants North Korea to make more nuclear material for bombs

North Korea's weapons tests and US-South Korea military exercises have intensified in a tit-for-tat cycle, underscoring heightened tensions in the region

Here's what Google's Artificial Intelligence-powered Bard can do

To use, or not to use, Bard? That is the Shakespearean question an Associated Press reporter sought to answer while testing out Google's artificially intelligent chatbot

UN Security Council declines Russian request to probe Nord Stream blasts

The US deputy ambassador, Robert Wood, said there was no need for a UN probe when investigations by Sweden, Denmark and Germany "are proceeding in a comprehensive, transparent and impartial manner"

South Dakota Guv Noem's veto of cryptocurrency regulations upheld

Proponents had argued the bill would have centralized different cryptocurrency systems through one government oversight commission, boosting transparency

Harris pledges aid to Ghana amid security, economic concerns

Harris announced $100 million in assistance for the region and pledged that the United States would be strengthening our partnerships across the continent of Africa