Ford Motor Co.’s electric vehicle business has lost $3 billion before taxes during the past two years and will lose a similar amount this year as the company invests heavily in the new technology. Those figures were released Thursday as Ford rolled out a new way of reporting financial results.
The NCAA is expected to decide by the fall if the women’s tournament will become a separate entity after hiring Endeavor, a consulting firm, to determine how to take championships to market.
The underwhelming assessment of America’s banks and bank regulation comes after a series of shocks brought back disturbing memories of the 2008-2009 financial crisis.
The Fed warned that the financial upheaval stemming from the collapse of two major banks is “likely to result in tighter credit conditions” and “weigh on economic activity, hiring and inflation.”
The question for the court has to do with whether the manufacturer infringed on Jack Daniel’s trademarks with its bottle-shaped chew toy or whether the product is just a “playful dog-toy parody.”
As he mulls a 2024 presidential bid, former Vice President Mike Pence on Tuesday called for “common sense and compassionate solutions” to reform entitlement programs and the nation’s debt burden, suggesting changes to Social Security and Medicare programs.
The Federal Reserve will have to decide whether to extend its year-long streak of rate hikes despite the jitters roiling the financial industry.
Coaches across college basketball are bolstering support staffs and looking at ways to evolve to deal with recruiting, roster management and athletes who can earn money.
Former Sen. Joe Donnelly of Indiana was among the top Senate recipients of money from the banking industry during the 2018 campaign season when he served on a group that successfully pushed for easing banking oversight.
The host Hoosiers (28-4) became the second No. 1 seed to be eliminated in two nights. It’s the first time since 1998 that two No. 1 seeds did not advance to the Sweet 16.
Biden sought to kill a Republican-authored measure that would ban the government from considering environmental impacts or potential lawsuits when making investment decisions for people’s retirement plans.
Defending national champion the University of Kansas and fellow No. 1 seed Purdue University are gone—the Boilermakers with a slice of unwanted history. The Sweet 16 won’t have blue bloods Kentucky, Duke or North Carolina for only the second time since 1979.
The job cuts would mark the second largest round of layoffs in the company’s history, adding to the 18,000 employees the tech giant said it would lay off in January.
The 40 branches of Signature Bank will become Flagstar Bank, starting Monday. Flagstar is one of New York Community Bank’s subsidiaries. The deal will include the purchase of $38.4 billion in Signature Bank’s assets.
Indiana University Coach Mike Woodson gave all the credit to Miami, which held a 42-26 rebounding advantage.
Sydney Parrish scored 19 points and had eight rebounds to lead the top-seeded Indiana Hoosiers.
The fourth-seeded Hoosiers (23-11) advanced to play fifth-seeded Miami on Sunday for a trip to Kansas City for the Midwest Region semifinals.
For the third straight year, the Boilermakers were bounced by a double-digit seed, losing Friday night to No. 16 seed Fairleigh Dickinson.
Minshew was 1-3 in four starts filling in for Jalen Hurts over the past two seasons with the Philadelphia Eagles. He reunites with Shane Steichen, the Colts’ new coach, who was Philadelphia’s offensive coordinator.
The filing from SVB Financial Group was widely expected, with much of the company now under the control of banking regulators. The bank was seized last week by the federal government.
