While American Airlines and US Airways are hoping for a sooner trial in the lawsuit filed against the companies by the US Department of Justice over their proposed merger, the DOJ has issued a memo outlining its reasoning for wanting to delay the case until March. In the release, the DOJ describes the merger as
New home construction in the US slowed last month as residential starts decreased 14.7% to a 1.32 million annualized rate, the lowest since August. Building permits, which point to future construction, fell to a 1.46 million rate in March. Michael McKee reports on Bloomberg Television. (Source: Bloomberg)
UNICA, the Brazilian sugarcane industry association, has announced sugarcane processing during the first half of March was up significantly when compared t
Honda is well underway on a $700 million effort to retool three of its plants and create a new $3.5 billion battery plant for U.S. EV mass-production. But it’s also emphasizing how much flexibility it has in the shift to accommodate that production. As it confirmed Friday, it would potentially be able to make hundreds of EVs per day at its
The US Department of Commerce revealed plans to award Taiwan Semiconductor Manufacturing Co $6.6 billion in direct funding and up to $5 billion in government loans to build a third chip production facility in the state of Arizona.
Surging gas prices and sky-high mortgages and rent sent inflation rising more than expected in March, adding to Americans’ prolonged and painful battle with high costs. That could force the Federal Reserve to keep its punishing rates higher for longer. US consumer prices picked up again last month, vaulting to a 3.5% increase for the 12 months ended in March, according to the latest Consumer Price Index data released Wednesday by the Bureau of Labor Statistics. That’s up considerably from...
Aruba Aloe Balm N.V. issued a voluntary recall of two of their hand sanitizer products after they were found to contain methanol.
We cover a lot of products each month at Apartment Therapy, and when our readers like them just as much as we do, our work feels that much more rewarding. Whether we’re reviewing a closet organizer that tackles your messy handbag collection or a piece of cookware that we’re using for daily meal prep, it’s always fascinating to see which picks get picked up by you.
Thankfully my mum is soon coming to visit me with a suitcase full of the best of Britain: chocolate, tea and savoury snacksMy mum, who lives in England, is coming to visit me in Philadelphia soon and I have given her strict instructions on what to bring from the motherland. Namely, deodorant. You can get a lot of things in the US – it is a land of excess – but the deodorant offerings here stink.Most American women, you see, tend to use stick deodorants. In the UK, meanwhile, it’s far more normal...
(Bloomberg) -- Wall Street traders sent stocks and bonds sliding after a hotter-than-estimated inflation report signaled the Federal Reserve will be in no rush to cut interest rates this year.Most Read from BloombergUS Slams Strikes on Russia Oil Refineries as Risk to Oil MarketsChinese Cement Maker Halted After 99% Crash in 15 MinutesBond Trader Places Record Futures Bet on Eve of Inflation DataApple’s India iPhone Output Hits $14 Billion in China ShiftUS Core CPI Tops Forecasts Again, Likely...
Consumer price increases remained high last month, boosted by gas, rents and car insurance, the government said in a report that will likely give pause to the Federal Reserve as it weighs when and by how much to cut interest rates this year.
The war in “Ukraine and what happened in Israel has put in the spotlight the use of unmanned systems," UVision exec Izthik Huber told Breaking Defense.