Klarna is synonymous with the “buy now, pay later” trend of making a purchase and deferring payment until the end of the month or paying over interest-free monthly installments. Nikolas Kokovlis | Nurphoto | Getty Images The U.K. government on Monday laid out proposals to bring short-term loans under formal rules as it looks to…
U.S. joint military exercise with South Korea in Yeoncheon-gun, South Korea. Getty Images Sharing the costs of hosting U.S. troops in allied countries has been a favorite topic of U.S. President Donald Trump since his first term in the White House. But as more countries try to eke out a deal to escape the spectre…
In a photo illustration, prescription drugs are seen next to a pill bottle on July 23, 2024 in New York City. Spencer Platt | Getty Images News | Getty Images President Donald Trump’s latest bid to slash prescription drug prices has once again stirred heated debate about the high costs paid by U.S. patients. The…
The Trump administration is offering a cash stipend and travel home to undocumented immigrants who willingly leave the United States, officials said on Monday, its latest effort to increase deportations. The policy, which will offer $1,000 and a flight home to each immigrant who leaves, is part of the Trump administration’s push to persuade immigrants…
The Greenpeace logo on the green ecological awareness stand of the association in Lyon, France, on Oct. 23, 2024. Elsa Biyick | Afp | Getty Images A jury on Wednesday ordered environmental campaign group Greenpeace to pay more than $660 million in damages to Texas-based oil company Energy Transfer, the developer of the Dakota Access…
On March 14, a jury awarded $50 million in damages to a Los Angeles delivery driver who was badly burned after hot tea spilled onto his lap in February 2020, reports the Los Angeles Times. The incident occurred at the West Adams Starbucks location at the corner of Western Avenue and Jefferson Boulevard. The Los…
Pedestrians walk by an advertisement for Klarna. Daniel Harvey Gonzalez | In Pictures via Getty Images Klarna, a provider of buy now, pay later loans filed its IPO prospectus on Friday, and plans to go public on the New York Stock Exchange under ticker symbol KLAR. Klarna, headquartered in Sweden, hasn’t yet disclosed the number…
An employee removes a silver bar for sale from the shelf at a Costco in Bayonne, New Jersey, U.S., on Friday, Oct. 4, 2024. Clark Hodgin | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need…
At the age of 33, I sometimes feel like I’ve already lived a thousand lives. I’m originally from Los Angeles, and over the last decade, I’ve done everything from teaching English in China to serving as an emergency aid worker in Turkey during the war in Syria. After I completed my master’s degree in London,…
Toyota Motors’ trucking unit has agreed to plead guilty to criminal charges and pay $1.6 billion in civil and criminal penalties for fraudulently concealing excess emissions from diesel engines sold in the United States, the Environmental Protection Agency said Wednesday. For more than a decade, Hino Motors, a Toyota subsidiary, submitted false testing data to…
