Tag: Recessions and depressions

Tupperware lifts the lid on its financial problems with bankruptcy filing

NEW YORK -- The company behind Tupperware, the plastic kitchenware that revolutionized food storage after World War II and became inextricably linked to...

A key employee who called the Titan unsafe will testify before the Coast Guard

A key employee who labeled an experimental submersible unsafe prior to its last, fatal voyage was set to testify Tuesday before U.S. Coast...

Will the Federal Reserve cut interest rates fast enough to deliver a 'soft landing'?

WASHINGTON -- American consumers and home buyers, business people and political leaders have been waiting for months for what the Federal Reserve is...

China hands PwC a 6-month ban and fine over audit of the collapsed developer Evergrande

HONG KONG -- Chinese authorities have banned the accounting firm PwC for six months and fined it over 400 million yuan ($56.4 million)...

Senate committee to vote to hold Steward Health Care CEO in contempt

BOSTON -- Members of a Senate committee looking into the Steward Health Care bankruptcy said they plan to adopt two resolutions next week...

Sri Lanka's opposition leader says the rich will pay more if he becomes president next week

COLOMBO, Sri Lanka -- Sri Lanka’s opposition leader contesting the presidential election next week said Thursday that if he comes to power he...