A rubber plant near an elementary school in southern Louisiana has been emitting a carcinogenic chemical for decades. Locals wonder why it’s still allowed to remain in operation.
Category Archives: business
Poland to be 1st NATO member to give Ukraine fighter jets
Poland’s president said Thursday that his country plans to give Ukraine around a dozen MiG-29 fighter jets, which would make it the first NATO member to fulfill the Ukrainian government’s increasingly urgent requests for warplanes.
Biden administration tells TikTok's Chinese owners to sell their stakes or face possible ban
The Biden administration is threatening a potential ban of TikTok in the United States if its Chinese owners refuse to sell their stakes in the popular app.
Credit Suisse to borrow up to $54B amid banking worries
All eyes are on Wall Street as nervous investors worry about the health of the banking system, with First Republic Bank in the U.S. and Credit Suisse in Zurich both appearing to be under pressure. NBC’s Brian Cheung reports and CNBC’s David Faber provides insight for TODAY.
After a wave of teen fentanyl overdoses, a Texas community grapples with shock and anger
The overdoses of nearly a dozen teenagers in Carrollton, Texas, has been a lesson for the community in how quickly fentanyl use has spread among young people.
Black founders who banked with SVB fear backsliding on hard-won gains
SVB won mostly good reviews from Black entrepreneurs who recalled strained ties with the financial industry. The collapse struck some as a potentially lasting setback.
Credit Suisse to borrow up to nearly $54 billion from Swiss National Bank
Credit Suisse announced it will be borrowing up to 50 billion Swiss francs, about $53.68 billion, from the Swiss National Bank under a covered loan facility and a short-term liquidity facility.
Former Wells Fargo executive to plead guilty to charge in sales scandal
The former head of Wells Fargo’s retail bank is facing prison time after agreeing to plead guilty to obstructing a bank examination in relation to the sweeping phony accounts scandal that roiled the bank in 2016.
Chinese billionaire and associate of Steve Bannon arrested in $1 billion fraud conspiracy, officials say
Exiled Chinese billionaire Guo Wengui, an associate of former Trump White House adviser Steve Bannon, was arrested by federal authorities in New York on Wednesday morning, accused of orchestrating a $1 billion fraud scheme, prosecutors announced.
FAA holds emergency summit following several alarming air travel incursions
The FAA held a rare emergency summit following a recent rise in runway incursions. NBC News’ Gabe Gutierrez sat down one-on-one with NTSB chair Jennifer Homendy to discuss the current state of airline safety.