The US Fed cut interest rates by more than expected. So what? | Business and Economy News
The bigger-than-expected cut in interest rates by the United States Federal Reserve may have sent the stock market cheering, but its impact on the economy,…
Eurozone business activity contracts in September as Olympic boost fades
Eurozone business activity contracted in September, and weaker demand eased inflationary pressures. This supports the case for a European Central Bank (ECB) rate cut in…
Motel 6 chain sold for $525 million
It was announced Friday that India-based Oyo had acquired G6 Hospitality, Motel 6's parent company. Photo courtesy of Motel 6/Website Sept. 22 (UPI) -- Motel…
After vowing to halt Japan’s economic decline, Kishida leaves mixed legacy | Business and Economy
In his first policy address after taking office in October 2021, Japanese Prime Minister Fumio Kishida pledged to “faithfully rebuild” the economy after three decades…
Disney to stop using Slack after summer hacking incident
The logo for Slack hangs outside of the New York Stock Exchange on Wall Street on June 20, 2019. Disney said it will stop using…
I starred on the very first series of Dragons’ Den – two dragons pulled out after and my business collapsed
THINGS didn't quite go to plan for an original Dragons Den star after securing investment.Entrepreneur Charles Ejogo appeared in the BBC show's first-ever episode back…
FTC sues prescription drug middlemen, alleging they conspired over high insulin costs
1 of 3 | The Federal Trade Commission on Friday filed lawsuits against three prescription drug benefit managers or PBMs, including Express Scripts, over concerns…
Labor Department awards $203M in grants for job services for low-income seniors
Sept. 20 (UPI) -- The Labor Department Friday said $203 million in grants are being awarded to provide job training and career services to low-income…
Dow finishes week in record territory following Fed’s interest rate cut
Pedestrians walk near the New York Stock Exchange in New York City on Wednesday as the Federal Reserve Board announced its first interest rate cut…
Nike CEO John Donahue to retire; company veteran Elliot Hill will replace him
A Chinese woman walks past a Nike logo outside a Nike store in Beijing, China, on May 22, 2019. Nike announced a new president and…
Cambodia’s controversial canal | Business and Economy
Cambodia has started a massive project — a canal that links the Mekong River to the sea. Its deputy prime minister says the Funan Techo…
Why does a US rate cut matter? | Business and Economy
The United States Federal Reserve has cut interest rates for the first time since 2020.It was seen as the clearest signal yet that central banks…
Boeing preps to furlough executives, managers as machinist strike nears
Boeing will furlough tens of thousands of its executives, managers and others as more than 30,000 machinists intend to go on strike Friday in Seattle…
Tara Risser Joins Cologix As Chief Business Officer
Article contentWell-respected data center industry leader joins to accelerate growth and expansionDENVER, Sept. 18, 2024 (GLOBE NEWSWIRE) — Cologix, a leading network-neutral interconnection and hyperscale…
Jonas Eidevall backs Arsenal to do the business in European duel with BK Hacken
JONAS EIDEVALL hopes Arsenal can bask in the pressure of battling to keep their Women’s Champions League dream. And the Gunners gaffer was tight-lipped on…
Amazon orders corporate employees to return to office 5 days a week
The Amazon brand logo is on display at the NASDAQ market site in Times Square in New York City on February 21. Amazon gave its…
Trump says he won’t tax tips, OT, Social Security. Critics see ‘sham’
The last time Donald Trump was president, he delivered a massive tax cut, touting the many benefits of the 2017 law. But a slew of…
Cops hunt gangster, 25, after two Brits found murdered in burned-out car in Sweden while on business trip
COPS are on the hunt for a gangster over the murder of two Brits found dead in a burned-out car in Sweden.Children's football coach Juan…
Business travellers spend less than half their time on a work trip working, poll finds
Less than half the time on a business trip is spent doing work – with reading and watching TV filling time between meetings, research has…
Disney, DirecTV reach deal to restore programs, including ABC, ESPN
Disney's television channels, including ESPN and eight of its local ABC affiliates, were blocked on DirecTV. Photo by Kentuckyfriedtucker/Wikimedia Commons Sept. 14 (UPI) -- DirecTV…