Business

Pharmaceutical giant Merck launched an investigation after a contractor has found a “noose-like rope” a construction project on its plant campus in Durham, North Carolina, where J&J Covid-19 vaccine will be produced, local media reported. […]

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According to the Deputy Attorney General Lisa Monaco, US businesses should invest more resources in security and be prepared for a blitz of ransomware attacks that might be conducted by countries and criminal organizations beyond […]

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One of the world’s largest tire makers, American manufacturer Goodyear Tire & Rubber Co is facing accusations of labour abuse, including unpaid wages, unlawful overtime and threats to foreign workers at its factory in Malaysia, […]

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Bitcoin prices (XBT) fell 8% Friday, going briefly to under $36.000, while other cryptocurrencies also saw their values fall, and have plunged about 36% in May-their worst monthly performance since September 2011, CNN reports. It […]

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HSBC announced late Wednesday its plans to exit to sell 90 of its 148 branches in the U.S. and to wind down another 35 to 40 as part of its plans to focus on “international […]

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The U.S. employment picture improved sharply last week, with first-time claims for unemployment insurance dipping below 500,000 for the first time since the pandemic crisis, CNBC informs. Initial claims totaled 498,000 for the week ended […]

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U.S. stocks increased on Thursday while investors eagerly waited for the anticipated jobs report on Friday in order to assess how fast is the recovery of the labor-market, CNBC informed. With adding 150 points, the […]

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Top oil exporter Saudi Arabia has cut the June official selling prices (OSPs) of all crude grades it sells to Asia, two sources with knowledge of the matter said on Wednesday, Reuters reported. It set […]

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Dogecoin, the cryptocurrency based off a viral dog meme from nearly a decade ago, surged 30% on Tuesday to set a new record high at more than 50 cents per coin, CNBC informed. The cryptocurrency […]

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Ether hit an all-time high Thursday as bitcoin’s dominance of the cryptocurrency market declined, CNBC reported. The world’s second-largest digital currency by market value surged to a fresh record of $2,800 on Thursday morning, according […]

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Lackluster results from Tesla and 3M dragged Wall Street’s main indexes lower on Tuesday, shifting investor focus to earnings from big technology companies, including Microsoft and Alphabet, later in the day, Reuters reported. Electric-car maker […]

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Goldman Sachs has upgraded its forecasts for the U.K. economy in 2021, and now sees it outpacing the U.S, CNBC reported. The U.K.‘s flash composite purchasing managers’ index reading for April surged to 60 from […]

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U.S. factory activity powered ahead in early April, though manufacturers increasingly struggled to source raw materials and other inputs as a reopening economy leads to a boom in domestic demand, which could slow momentum in […]

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Some of Wall Street’s biggest names are predicting a pause in a rally that has taken the S&P 500 (.SPX) to fresh records this year, leaving investors trying to determine whether to lock in some […]

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President Joe Biden will roll out a plan to raise taxes on the wealthiest Americans, including the largest-ever increase in levies on investment gains, to fund about $1 trillion in childcare, universal pre-kindergarten education and […]

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U.S stocks fell to session lows in a swift fashion on Thursday after a report that President Joe Biden is slated to propose much higher capital gains taxes for the rich, CNBC reported. The S&P […]

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Weekly unemployment claims fell to a new pandemic-era low for a second week, suggesting the labor market’s recovery is picking up steam and that the April employment report could be strong, CNBC writes. First-time claims […]

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Dogecoin started out as a joke – but now it’s a top 10 digital currency worth $40 billion, CNBC writes. The cryptocurrency is based on the “Doge” meme, which rose to popularity in late 2013. […]

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U.S. stocks rose again on Friday as the market’s record run carried on amid strong earnings from blue-chip companies as well as solid data signaling a snapback in the economy, CNBC reports. The Dow Jones […]

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Amazon needs to do better at taking care of its employees, Jeff Bezos said on Thursday in his final letter to shareholders as chief executive officer of the online retail giant, Reuters reported. Bezos’ comments […]

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