China’s Trade Slowdown Points to Global Woes
Chinese exports fell at a steeper-than-expected pace in May, fueling concerns that global trade activity is cooling rapidly. Source link
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Breaking Business News/Latest Business Updates/World Business News Update
The Global Brands Coming to a Shopping Mall Near You
American consumers have long been renowned for their spending power. Now global retailers want a bigger slice of the action....
Merck Challenges U.S. Government’s New Powers to Negotiate Drug Prices
The drugmaker filed a lawsuit saying Medicare’s drug-price negotiation program violates the company’s constitutional rights. Source link
Tax Cuts High on GOP Agenda as House Looks to Revive Business Breaks
Republicans are hoping to introduce a bill as soon as this month. Source link
What Is Happening With Binance?
The SEC sued the largest crypto exchange and its controlling shareholder, saying they enriched themselves at investors’ expense. A look...
Interest-Only Loans Helped Commercial Property Boom. Now They’re Coming Due.
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Apple Releases Vision Pro Headset, First Major New Product in a Decade
The device allows users to experience virtual reality and digital apps overlaid on the real world. The company also unveiled...
CNN CEO Chris Licht Apologizes to Staff, Saying He Overshadowed Network’s Achievements
Chris Licht’s comments came on a morning editorial call, following an unflattering profile of him in the Atlantic. Source link
Retailers Are Shrinking Logistics Operations in a Changing Consumer Market
Some companies are dropping distribution centers as warehouse employment reaches a 17-month low. Source link
WSJ News Exclusive | Big Banks Could Face 20% Boost to Capital Requirements
Those relying on fees might need bigger buffers to absorb losses under planned rules. Source link
Chuck Todd to Be Replaced by Kristen Welker on NBC’s ‘Meet the Press’
Todd, who has anchored the Sunday program since 2014, will step down in September. Source link
Incoming Twitter CEO Hires Executive from NBCUniversal for Business Operations Role
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Why the U.S. Remains Far From Recession
The pandemic’s aftereffects are fueling economic resilience despite rising interest rates. Source link
iOS 17 Is Coming. Here’s What iPhones, iPads and Apple Watches Are Missing.
Listen to article(2 minutes)New devices are fun, but among Apple’s glitzy product launches, its software-focused June event is my favorite....
Blood-Test Customers Mistakenly Told They May Have Cancer
Grail said its telemedicine vendor sent the inaccurate forms to 400 people because of a software glitch. Source link
FDA Allows Imports of China-Made Chemotherapy to Ease U.S. Shortage
HealthIn temporary move, Chinese drugmaker will be able to ship its cisplatin chemotherapy even though it hasn’t been FDA approved...
Online Banks Are Winning the Deposit War
Deposits rose recently at Ally, Goldman Sachs’s Marcus and Capital One, banks that either don’t have branch networks or have...
U.S. Makes New Push in Trade Fight With Mexico Over GMO Corn
The U.S. stepped up its efforts to get Mexico to ease its restrictions on genetically modified corn, after more than...
U.S. Labor Market Shows Resilience With Strong May Hiring
The labor market has defied expectations of a slowdown this year with 339,000 jobs added in May. The unemployment rate...
WSJ News Exclusive | Exxon, Chevron Near Deals to Drill in Gas-Rich Algeria
The North African nation’s vast reserves and proximity to Europe make it attractive to the U.S. drillers that have huge...
