Tag: Financial services
AP Interview: Scott says final score on Pac-12 tenure TBD
Larry Scott's volatile 11-year tenure as Pac-12 commissioner is in its final month. The conference announced in January he would be stepping...
This Week: Consumer credit, GameStop earns, consumer prices
A look at some of the key business events and economic indicators upcoming this week:
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France opens graft probe into Lebanon’s central bank chief
PARIS — The French national financial prosecutor’s office has opened a preliminary investigation into the actions of Lebanon’s central bank governor involving potential money...
Private equity firms buy medical equipment giant Medline
BOSTON — A consortium of private equity firms has reached a deal to acquire family-run Medline, the medical supply and equipment company announced Saturday....
Fed chief Powell: Climate policy is for elected officials
FRANKFURT, Germany — Federal Reserve Chair Jerome Powell says the central bank can help assess risks to banks from climate change but that addressing...
Appeals court upholds guilty verdicts in NCAA bribes case
NEW YORK — The convictions of a sports business manager and an amateur basketball coach in a conspiracy to bribe top college coaches to...
Turkish lira dips to record low over Erdogan rate comments
ANKARA, Turkey — The Turkish lira dipped to new record lows on Wednesday after President Recep Tayyip Erdogan rattled investor confidence by saying he...
Federal Reserve survey sees economy growing at faster pace
WASHINGTON — The U.S. economy grew at a somewhat faster pace in April and May despite disruptions that choked supplies to the nations manufacturers,...
China’s central bank tries to stop surge in currency’s value
BEIJING — China’s central bank is trying to restrain the surging exchange rate of its currency, temporarily backtracking in efforts to make the tightly...
World Bank: Lebanon’s crisis among world’s worst since 1850s
BEIRUT — Lebanon’s severe economic and financial crisis is likely to rank as one of the worst the world has seen in more than...