Ivan Menezes, former boss of drinks giant Diageo, dies after short illness at 63
Ivan Menezes, one of the most influential figures in the global drinks industry over the past few decades and who was widely admired for his commitment to diversity, has died following a short illness
2023-06-07 18:48
American Airlines' reliance on partners faces test after court ruling
By Rajesh Kumar Singh CHICAGO American Airlines' plan to grow revenue by relying more heavily on alliance partners
2023-06-02 02:56
White House takes steps to avoid damaging auto strike
The White House is closely monitoring the upcoming labor talks in the US auto industry, negotiations that could put it at odds with the traditional support of a major union. So President Joe Biden is tapping a trusted adviser, Gene Sperling, to serve as the administration's point person in upcoming labor negotiations between the United Auto Workers union and the nation's three unionized automakers.
2023-07-06 04:55
Biden touts his economic record in fiery speech: ‘Guess what – Bidenomics is working’
President Joe Biden touted his economic record amid continuing dissatisfaction among Americans with the state of the US economy by saying his policies have proven effective. Mr Biden delivered a fiery speech on Wednesday in Chicago where he sought to flip a term that the Wall Street Journal outlets have used against him--Bidenomics--into a plus. “I didn’t come up with the name,” he said. “I think it’s a plan I’m happy to call Bidenomics.” The president, who is seeking re-election in 2024, said that the US economy has largely recovered from the recession caused by the Covid-19 pandemic and had sought to refute Republican economics. “Guess what? Bidenomics is working,” he said to applause. “When I took office, the pandemic was raging and the economy was reeling. Supply chains were broken. Millions of people were unemployed.” Despite low unemployment, many Americans continue to see inflation as a top priority. A survey from the Pew Research Center last week showed that 52 per cent of Democrats and 77 per cent of Republicans say inflation is still a “very big problem.” Mr Biden sought to soothe those concerns by saying he continues to prioritise lowering prices and noted how inflation is less than half of what it was one year ago. “Bringing down inflation remains one of my top priorities today,” he said. Mr Biden also mentioned the progress that his signature Inflation Reduction Act has made, such as allowing Medicare to negotiate drug prices. “We’ve been trying to get this done for decades and this time we finally beat big pharma for the first time,” he said. Read More Watch as Biden makes statement on economic policy in Chicago Cambodian leader Hun Sen, a huge Facebook fan, says he is jumping ship to Telegram Paul Ryan says Trump is only Republican candidate who would lose to Biden in 2024
2023-06-29 02:29
Ferrari to hire 250 in first half of next year, launch employee share plan
MILAN Luxury sportscar maker Ferrari said on Monday it would hire 250 people in the first six months
2023-11-14 03:22
For news organizations, the flood of Gaza war video is proving both illuminating and troubling
In a war where journalist access is limited, there's a flood of video available online from the Israel-Hamas war
2023-11-13 13:18
How War and Aging Dams Left Libya Exposed to a Climate Superstorm
The mother of five knew something was wrong with the rain. The windows of her home in the
2023-09-24 17:19
Watches of Switzerland Plunges After Rolex Buys Rival Retailer
Shares of Watches of Switzerland Group Plc fell as much as 25% on concerns the biggest retailer of
2023-08-25 16:22
Payments company Adyen's shares plummet after earnings miss
By Toby Sterling and Elizabeth Howcroft AMSTERDAM (Reuters) -Shares in Dutch payments processor Adyen NV fell by more than a
2023-08-17 18:21
Latin Media, Artists, Content Creators Unite at Promesa y Esperanza® Seminar to Support St. Jude Children’s Research Hospital®
MEMPHIS, Tenn.--(BUSINESS WIRE)--Oct 24, 2023--
2023-10-25 00:24
Graco Develops Electric Variable Ratio Metering for 2K Material
MINNEAPOLIS--(BUSINESS WIRE)--Jun 15, 2023--
2023-06-15 18:20
Argentine peso steady after devaluation as central bank tightens control
By Jorge Otaola BUENOS AIRES Argentina's peso was flat on Tuesday at 350 per dollar after the central
2023-08-16 00:18
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