Tag: Business
Fed survey: US economy strong but hindered by bottlenecks
WASHINGTON — The Federal Reserve's latest nationwide business survey found that the economy strengthened further in late May and early June, despite supply-chain bottlenecks...
Powell says inflation will be ‘elevated’ in coming months
WASHINGTON — Federal Reserve Chair Jerome Powell says that inflation “will likely remain elevated in coming months" before “moderating,” an apparent acknowledgement that price...
Citigroup profits soar due to fewer bad loans
NEW YORK — Citigroup profits jumped more than five fold from a year earlier, helped by an improving economy that resulted in fewer bad...
Lego tells US company to stop making guns look like its toys
COPENHAGEN, Denmark — Danish toymaker Lego said Wednesday it had asked a Utah-based gun company to stop producing a product that makes a pistol...
Jordan Pavlin named editor in chief of Alfred A. Knopf
NEW YORK — Jordan Pavlin, the publisher of such young and acclaimed authors as Tommy Orange, Ayana Mathis and Yaa Gyasi, has been promoted...
Facebook asks for recusal of FTC head in antitrust probes
WASHINGTON — Facebook is asking that the new head of the Federal Trade Commission step away from antitrust investigations into the social network giant,...
With taxpayers’ help, Delta posts $652 million profit in 2Q
Delta Air Lines reported its first quarterly profit since the pandemic devastated the airline industry more than a year ago, as hordes of vacation...
With taxpayers’ help, Delta posts $652 million profit in 2Q
Delta Air Lines reported its first quarterly profit since the pandemic devastated the airline industry more than a year ago, as hordes of vacation...
Norwegian cruises sues Florida over virus vaccination law
MIAMI — Norwegian Cruise Line is challenging a new Florida law that prevents cruise companies from requiring passengers to show proof of vaccination against...
That was fleeting: Twitter kills off ephemeral ‘fleets’
Twitter is disappearing its disappearing tweets, called fleets, after they didn't catch on.
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