Tag: Business
German high court overturns Berlin rent price cap
<p>BERLIN — Germany's highest court ruled Thursday that a cap on rent prices implemented last year by Berlin's left-wing state government is unconstitutional and...
Walmart invests in GM’s Cruise autonomous vehicle subsidiary
<p>DETROIT — Walmart and some institutional investors have joined the latest investment in Cruise, bumping the capital influx into the General Motors autonomous vehicle...
Lawsuit targets pay practices at Olive Garden’s parent
<p>A group that seeks higher guaranteed wages for restaurant workers is suing Olive Garden’s parent company, saying its pay policies make workers more likely...
With 200,000 in 1 day, India skyrockets past 14M virus cases
NEW DELHI — India reported more than 200,000 new coronavirus cases Thursday, skyrocketing past 14 million overall as an intensifying outbreak puts a grim...
Turkish central bank maintains key rate unchanged at 19%
ANKARA, Turkey — Turkey’s central bank on Thursday kept a key interest rate unchanged at 19%, in its first rate decision since the surprise...
Safety groups, unions urge US to fix recalled gov’t vehicles
DETROIT — More than a dozen consumer groups and three federal employee unions are asking the U.S. government to stop using vehicles in its...
Experts cut outlook for German growth amid 3rd pandemic wave
<p>FRANKFURT, Germany — Leading German economic institutes have slashed their growth forecast for 2021 as a slow vaccination rollout and a more contagious variant...
Syria devalues its local currency against the U.S. dollar
<p>BEIRUT — Syria devalued the official price of its local currency on Thursday two days after the central bank governor was sacked, state media...
Equal pay bill nears approval in House, long odds in Senate
<p>WASHINGTON — House Democrats were poised to pass legislation Thursday that they say would help close the gap between what men and women are...
UN envoy: South Sudan has potential, needs to hold elections
UNITED NATIONS — David Shearer said Wednesday he’s leaving the top U.N. job in South Sudan convinced the world’s youngest nation has the potential...