US regulators promise tougher oversight after two bank failures
Two of the largest US regulatory agencies, the Federal Reserve and the Federal Deposit Insurance Corp, have issued reports indicating the need for tighter...
BAT to pay $635m for violating US sanctions in North Korea
British American Tobacco (BAT) has agreed to pay $635m plus interest to US authorities after a subsidiary admitted selling cigarettes to North Korea in...
Moon landing: ispace lost contact with the lander
A Japanese space exploration firm, ispace, lost contact with its lander during an attempted lunar landing on Tuesday. The landing was part of a...
Tesla to build new battery factory in China
Tesla has announced plans to open a new Megapack battery factory in Shanghai, according to a tweet from the company's CEO, Elon Musk. The...
US job growth slows in March but unemployment remains low
The United States’ economic recovery slowed in March 2023, with employers adding 236,000 jobs, according to the Labor Department. This figure is fewer than...
