
Evergrande Founder Pleads Guilty to Fraud as Company Faces Collapse
The billionaire founder of China's once-largest real estate developer has pleaded guilty to fraud charges amid the company's financial collapse.

The billionaire founder of China's once-largest real estate developer has pleaded guilty to fraud charges amid the company's financial collapse.

The Justice Department requested a court vacate previous decisions quashing subpoenas in a criminal investigation into Federal Reserve Chair Jerome Powell.

Trade groups and officials advocate for increased domestic oil and gas production in multiple countries to reduce foreign energy dependence.

National gas prices averaged just over $4 per gallon, providing some relief amid ongoing tensions, while Uber and Lyft drivers report spending hundreds more monthly on fuel.

Coca-Cola exceeded quarterly estimates and raised its earnings outlook, citing strong global beverage demand and growth from smaller package sizes.

TGJones, which rebranded former WHSmith stores after acquisition by Modella Capital, plans to close up to 150 locations.

Various corporate developments reported across semiconductor, aerospace, and technology industries during morning trading.

New York and Los Angeles reached significant labor deals affecting hotel, railroad, and airport workers with substantial wage increases.

More than 7 million federal student loan borrowers on the SAVE repayment plan will need to select alternative payment options.

UK inflation increased to 3.3% in March, driven by higher fuel prices amid Middle East tensions, while unemployment fell to 4.9%.

Research indicates people paying with cash and debit cards effectively subsidize $30 billion annually in credit card perks and rewards programs.
Pfizer exceeded Wall Street estimates for first-quarter revenue and profit, driven by strong performance from cancer treatments and established products.

Different housing challenges affect Sacramento's homeless population, Maine's affordability crisis, and San Diego's vacation rental policies.

Fervo Energy's stock surged 33% on its first trading day after the geothermal company's IPO was upsized multiple times due to strong investor demand.

New data reveals more than 150,000 UK graduates annually earn less than the median salary of £35,000 five years post-graduation.
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