Business

NIIGATA, Japan (AP) — Financial leaders of the Group of Seven advanced economies are discussing ways to support Ukraine and pressure Russia to end the war as they meet in Japan starting Thursday. Ukraine's finance minister, Serhiy Marchenko, was participating... Read More

NEW YORK — A large and growing number of corporate CEO’s are preparing for what they believe will be a brief and shallow recession in the next 12 to 18 months, according to The Conference Board, the business membership and... Read More

NEW YORK (AP) — Television and movie writers declared late Monday they will launch a strike for the first time in 15 years, as Hollywood girded for a walkout with potentially widespread ramifications in a fight over fair pay in... Read More

LONDON (AP) — British regulators on Wednesday blocked Microsoft’s $69 billion purchase of video game maker Activision Blizzard, thwarting the biggest tech deal in history over worries that it would stifle competition in the fast-growing cloud gaming market. The Competition and Markets... Read More

WASHINGTON — The Supreme Court on Monday refused to consider a series of legal cases raising the question of whether climate change suits brought by state and local governments against fossil fuel companies ought to be heard in federal court.... Read More

NEW YORK (AP) — On the 31st floor of what was once a towering office building in downtown Manhattan, construction workers lay down steel bracing for what will soon anchor a host of residential amenities: a catering station, lounge, fire... Read More

SAN FRANCISCO (AP) — Twitter has quietly removed a policy against the “targeted misgendering or deadnaming of transgender individuals,” raising concerns that the Elon Musk-owned platform is becoming less safe for marginalized groups. Twitter enacted the policy against deadnaming, or... Read More

LAKE BUENA VISTA, Fla. (AP) — Florida Gov. Ron DeSantis' appointees on Wednesday began trying to reshape Disney World's governing body with proposals to eliminate a planning board and prohibit mask mandates and COVID-19 vaccine requirements in an evolving showdown between the... Read More

LONDON (AP) — Norwegian startup Freyr will first build batteries to power electric vehicles and store clean energy in a remote town near the Arctic Circle. Up next? An Atlanta suburb. That's because a new U.S. clean energy law offers generous tax... Read More

WASHINGTON — The chief executive of Moderna Inc. defended his plan to quadruple the price of the COVID-19 vaccine during a Senate hearing Wednesday by saying his company is preparing for a sharp decline in demand. With as much as... Read More

WASHINGTON — Given increased economic stress around the world, the official release of a new report by the Wilson Center’s Middle East Program on female entrepreneurship in the MENA region may be that much more relevant.  The Middle East and... Read More

BOSTON — Encouraged by positive topline results from its phase 3 trial for its new therapy for adults with schizophrenia, Karuna Therapeutics announced Monday that it is on track to submit KarXT to the Food and Drug Administration for approval... Read More

COLUMBUS, Ohio — The state of Ohio filed a 58-count civil lawsuit against Norfolk Southern Tuesday, seeking to hold the Class 1 railroad financially responsible for the Feb. 3 derailment in East Palestine that caused the release of an estimated... Read More

WASHINGTON — Saudi Arabia’s nearly $37 billion purchase of new Boeing passenger jets is yet another sign of the United States' rebirth as a global manufacturing leader, Biden administration officials declared Tuesday. Their enthusiastic assessment came just moments after Boeing... Read More

Novo Nordisk will start slashing some U.S. insulin prices up to 75% next year, following a path set earlier this month by rival Eli Lilly. The Danish drugmaker said Tuesday that pre-filled pens and vials of long- and short-acting insulins... Read More

WASHINGTON — A restaurant group lost out last week at a Washington, D.C., court in their attempt to recover lost profits from the COVID-19 pandemic under their insurance policies. The U.S. Court of Appeals for the District of Columbia said... Read More

MUNICH, Germany — BMW Group, long a multinational manufacturer of luxury vehicles, on Monday launched its "pilot fleet" of hydrogen vehicles. Over the course of the next year, the automaker said, it plans to deploy the fleet of 100 vehicles... Read More

WASHINGTON (AP) — A majority of the nation’s business economists expect a U.S. recession to begin later this year than they had previously forecast, after a series of reports have pointed to a surprisingly resilient economy despite steadily higher interest rates. Fifty-eight... Read More

WASHINGTON (AP) — America's consumers rebounded last month from a weak holiday shopping season by boosting their spending at stores and restaurants at the fastest pace in nearly two years, underscoring the economy's resilience in the face of higher prices and multiple interest... Read More

OMAHA, Neb. (AP) — The fiery derailment of a train carrying toxic chemicals — sending a huge plume of smoke in the air and forcing residents of a small Ohio town to evacuate — has highlighted the potentially disastrous consequences of train... Read More

CVS Health is plunging deeper into primary care services, buying primary care provider Oak Street Health for approximately $10.6 billion. The drugstore chain said Wednesday it would pay $39 per share in cash for each share of Oak Street in... Read More

WASHINGTON — Hard as it may be to believe, a revolution really did take place while we were all inside, hoping the dark, early shadow of COVID-19 would somehow pass us by.  According to Liz Wilke, principal economist with Gusto,... Read More

A Justice Department lawsuit filed Tuesday against Google accuses the internet giant of illegally acting like a monopoly with its digital advertising technology. The lawsuit filed in federal court in Virginia seeks a court order to break up Google’s grip... Read More

Some state attorneys general are continuing a conservative backlash against investment strategies that emphasize social responsibility with a challenge to two corporate advisory companies. A letter written last week to the two companies says forcing social responsibility onto investors could... Read More

WASHINGTON — Forget a weeklong vote to get a House speaker, when all is said and done, the biggest news of the month may well be how electric vehicles dominated center stage at the Washington, D.C., Auto Show. The annual... Read More

SAN FRANCISCO (AP) — Elon Musk was depicted Wednesday as either a liar who callously jeopardized the savings of “regular people" or a well-intentioned visionary as attorneys delivered opening statements at a trial focused on a Tesla buyout that never... Read More

EAST SETAUKET, N.Y. — A project aimed at transforming a warehouse into a support facility for a pending offshore wind project has netted $24.1 million in tax breaks from the Town of Brookhaven in New York state. The sales, use... Read More

MIDDLETON, Wis. — Established some 63 years ago, it’s no irony that Hy Cite Enterprises set down roots in a community that long ago dubbed itself “the good neighbor city.” A local, family-owned seller of cook- and kitchenware, its goods... Read More

WASHINGTON (AP) — Shrugging off rampant inflation and rising interest rates, the U.S. economy grew at an unexpectedly strong 3.2% annual pace from July through September, the government reported Thursday in a healthy upgrade from its earlier estimate of third-quarter... Read More

TOKYO — Japanese Pharma firm Takeda has agreed to pay $4 billion in cash for a single drug invented by Nimbus Therapeutics, a Boston, Massachusetts-based biotechnology company. The drug Takeda is buying (NDI-034858) blocks selective allosteric tyrosine kinase 2 (also... Read More