BUSINESS

Protesting truckers brought traffic at a Northern California port, one of the busiest in the United States, to a halt on Wednesday as they demonstrated against a new state labor law that makes it harder for independent truckers to operate.

Republicans are escalating their criticisms of any possible plan by President Joe Biden to forgive up to $10,000 in student. They argue that it would not address the high cost of college and would only worsen inflation.

Mali expels spokesman of UN peacekeeping mission

The Market by Macy's locations are smaller-format stores located in shopping centers.

Rishi Sunak, a 39-year-old high-flying business investor who only entered politics five years ago, has enjoyed a rapid rise to become Britain's new finance minister.

Zelensky's challenges as his fate plays out on battlefield

Mexican startup Arrenda, which offers advance payments to landlords upfront to lower barriers to renting in the country, raised $26.5 million in equity and debt financing in an early funding round, the company said Wednesday.

U.S. semiconductor manufacturer SkyWater Technology Inc on Wednesday announced plans to invest $1.8 billion for a chip research and production facility in Indiana, in partnership with the state and Purdue University.

Azerbaijan Airlines has signed a memorandum of understanding (MoU) at the Farnborough Airshow to acquire four more Boeing 787-8 Dreamliner jets, its president Jahangir Askerov said on Wednesday.

U.S. midstream companies have set their sights on natural gas pipelines and export terminals as a key growth opportunity as investor pressures and political headwinds make new crude oil pipeline projects unpalatable.

Mortgage demand sank to its lowest level in two decades over the combination of high inflation and rising interest rates pushed by a more hawkish Federal Reserve. T

Qatar Airways could revive an order for 25 Boeing 737 MAX airplanes at the Farnborough Airshow, sources told Reuters.

Japan's Toshiba Corp has selected four bidders including private equity firms Bain Capital, CVC Capital Partners and Brookfield Asset Management to proceed to a second bidding round, people briefed on the matter said.

Russia says military aims expanding in Ukraine, pummels Kharkiv

Brazilian motor maker WEG SA on Wednesday reported a drop in quarterly net income and said operating margins remained under pressure from supply chain issues, sending its shares down.

Germany's Volkswagen and Franco-Italian chipmaker STMicroelectronics will co-develop a new semiconductor amid a global microchip crunch that has strained the car industry's supply chain, the companies said on Wednesday.

Apple Inc on Wednesday released a report outlining a two-pronged strategy in digital health markets, courting consumers with health and fitness features on one hand while engaging with traditional healthcare systems on the other.

U.S. stocks ended higher on Wednesday with the tech-heavy Nasdaq booking a 1.6 % gain on positive earnings signals with a wary eye on inflation and more interest rate hikes by the Fed.

The Nasdaq gained nearly 2% on Wednesday after a positive forecast from Netflix added to largely upbeat second-quarter earnings from U.S.

U.S. stock indexes were set for a lower open on Wednesday after sharp gains on Wall Street in the previous session as investors parsed through earnings reports from companies for impact of spiraling inflation on growth.

Jo Koy, one of the most popular touring comedians in the world to date, has a net worth of $5 million. 

Debt-laden Italy finds itself in markets' crosshairs again, as the prospect of a collapse in its national unity government coincides with the European Central Bank preparing to deliver its first interest rate rise in 11 years.

Abbott Laboratories said on Wednesday it was set to recapture some of the market share in the baby formula business as the company restarts manufacturing at its troubled Michigan facility in the United States.

Marla Maples reportedly asked for a $25 million divorce payout, but she only walked away with around $2 million. 

Biogen Inc on Wednesday tried to assuage investor worries by laying out a plan for its Alzheimer's disease drug being developed with Eisai Co Ltd and promising to draw lessons from the setbacks to its treatment Aduhelm.

Oilfield services provider Baker Hughes on Wednesday reported a bigger second-quarter loss, hit by a $365 million charge from its Russian operations and supply chain inflation, while adjusted profits also missed analysts' forecasts.

Air India is moving towards a decision on a $50 billion jet order under new owners Tata Group to be split between Airbus and Boeing, but the deal will not come in time to galvanise a relatively quiet Farnborough Airshow, industry sources said.

Boeing has been cranking out order announcements at this week's Farnborough Airshow, restoring momentum to its troubled 737 MAX, while rival Airbus on Wednesday added to its A320neo order book.

Senior lawmaker says EU supports Taiwan's 'sovereign' existence