Tag: Business News
U.S. Producer Prices Leapt 1.0% in January
Suppliers sharply boosted prices last month, in a sign upward pressure on…
Boeing to Face Another Obstacle When It Finally Delivers Dreamliners
Federal air-safety regulators plan to inspect and sign off on individual 787…
Decade-High Food Prices Drive Poverty and Unrest in Africa
KAMPALA, Uganda—Before dawn on a recent Tuesday morning, Prosy Komukama lined up…
The Fed Missed Inflation. Can Jay Powell Tame It Without Causing a Recession?
During the first year of the pandemic, Federal Reserve Chairman Jerome Powell…
Farmers Feel the Squeeze of Inflation
Inflation is growing on the farm. American farmers are paying significantly higher…
Glencore Sets Aside $1.5 Billion to Cover Regulatory Probes
LONDON—Commodities giant Glencore PLC made a provision of $1.5 billion to cover…
Elon Musk Gave $5.7 Billion in Tesla Shares to Charity Last Year
Elon Musk donated roughly $5.7 billion worth of Tesla Inc. shares to…
Japan’s Economy Recovered in Fourth Quarter
TOKYO—Japan’s economy returned to growth in the October-December quarter thanks to higher…
Intel Nears $6 Billion Deal for Tower Semiconductor
Intel Corp. is close to a deal to buy Israeli chip company…
James Bullard Says Fed Needs to Front-Load Rate Raises Amid Inflation Surge
Federal Reserve Bank of St. Louis President James Bullard said the central…
Microsoft to Start Bringing Employees Back to the Office
Microsoft Corp. said it would start bringing its employees back to the…
Trucking Rates, Delays Increase Amid Canada Disruptions
Companies involved in Canada-U. S. trade have largely absorbed shipping delays brought…