Result Page 608 for Latest Business News & Archive

A China Eastern Airlines aircraft is seen at the Beijing Capital International Airport following the global coronavirus disease (COVID-19), in Beijing, China July 22, 2020.

China Eastern Airlines Seeks U.S. Approval To Shift New York-Shanghai Flights

China Eastern Airlines Corp on Wednesday asked the U.S. Transportation Department for approval to temporarily shift New York to Shanghai flights over COVID-19 measures.

Fed's Powell: Could Finalize Balance Sheet Plan In May

Federal Reserve chief Jerome Powell looks on as he testifies before a U.S. House Financial Services Committee hearing on Capitol Hill in Washington, U.S., March 2, 2022.

Federal Reserve policymakers have made "excellent progress" on their plan for reducing the central bank's nearly $9 trillion balance sheet, and could finalize details at their next policy meeting in May, Fed Chair Jerome Powell said on Wednesday.

France Ends Gas Heaters Subsidies, Boosts Heat Pumps In Bid To Cut Russia Reliance

Gas pipelines are pictured at the Atamanskaya compressor station, facility of Gazprom's Power Of Siberia project outside the far eastern town of Svobodny, in Amur region, Russia November 29, 2019.

France will end government subsidies for the installation of new residential gas heaters and boost support for renewable energy heating in a bid to further reduce reliance on Russian fossil fuel exports, the environment minister said on Wednesday.

Intel CEO Pat Gelsinger holds a wafer as he speaks on stage at Intel's Investor Day, in San Francisco, California, U.S., February 17, 2022. Intel Corporation/Handout via REUTERS

Intel, Micron CEOs To Testify At U.S. Senate Hearing On Chip Making

The chief executives of Intel and Micron will testify on March 23 before the U.S.

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Italy's Audit Court Raises Obstacles To Atlantia's Unit Sale - Sources

Italy's audit court wants more clarification from the government before approving the sale of Atlantia's unit Autostrade per l'Italia (ASPI), sources told Reuters, in a move that complicates a deal worth more than 8 billion euros ($8.80 billion).

A Spirit Airlines Airbuys A320-200 airplane sits at a gate at the O'Hare Airport in Chicago, Illinois October 2, 2014.

Plane Ticket Prices Are On The Rise, Are Gas Prices To Blame?

“We’re seeing an increase in demand that is really unprecedented.”

Passenger planes owned by Russia's airlines, including Aeroflot and Rossiya, are parked at Sheremetyevo International Airport in Moscow, Russia March 1, 2022.

Air Lease Says Russian Law On Leased Jets Could Help In Claiming Insurance

A new Russian law on leased aircraft showed Moscow could "confiscate" planes and such a move might help it claim insurance, Air Lease Corp said at a time when leasing firms risk writing off jets stranded in the sanction-hit country.

Air Lease Says Russian Law On Leased Aircraft To Help With Insurance Claims

Air Lease Corp said on Wednesday a new Russian law on leased aircraft showed Moscow intended to "confiscate" planes, adding this would help lessors in claims with insurers.

'They Appreciate A Good Pizza' Papa Johns Sparks Furor Over Refusal To Close Stores In Russia

Papa John’s has cut ties with its corporate operations in Russia as other Western chains have done, but the company running its franchises in the country has refused to close any restaurants over the invasion of Ukraine.

Walmart Looks To Beef Up Its Workforce With 50,000 More Workers: Here’s How To Apply

The average pay of a Walmart employee is $16.40 per hour.

Nazanin Zaghari-Ratcliffe had been held since 2016

British-Iranians Reunited With Family In UK After Tehran Release

British-Iranians reunited with family in UK after Tehran release

China recorded 3,290 new Covid-19 cases on Wednesday

Another COVID-19 Lockdown In China Sees Supply Chain Woes Resurgence

China's COVID-19 outbreak has brought the country into another lockdown, with millions in the country affected, and the supply chain.

Walmart plans to add 50,000 new workers in the United States as it seeks to expand its operations amid a tight labor market

Walmart Seeks To Hire 50,000 More Workers In US

Walmart seeks to hire 50,000 more workers in US

Japan sits on the Pacific 'Ring of Fire', an arc of intense seismic activity

Residents Survey Damage After Powerful Japan Quake

Residents survey damage after powerful Japan quake

FCC Revokes U.S. Authorization Of Chinese Telecom Firm Pacific Networks

The U.S. Federal Communications Commission (FCC) on Wednesday voted to revoke authorization for Chinese telecom Pacific Networks and its wholly owned subsidiary ComNet to provide U.S.

In this aerial file photo taken on September 15, 2021 smoke rising from an illegal fire destroying Amazonia rainforest is seen in Porto Velho, Rondonia state, Brazil

Brazil Awards Bolsonaro 'Medal Of Indigenous Merit'

Brazil awards Bolsonaro 'medal of indigenous merit'

A man takes pictures, with a plane (R) of S7 airlines seen in the background, at Domodedovo airport outside Moscow, Russia, November 6, 2015.

Analysis-Russian Airlines Face Safety Countdown To Secure Parts

Russian airlines have weeks to orchestrate alternative supplies of banned aircraft parts or start grounding jets to avoid safety concerns as Western sanctions following Russian's invasion of Ukraine threaten their post-Soviet revival.

Bull and bear, symbols for successful and bad trading are seen in front of the German stock exchange (Deutsche Boerse), in Frankfurt, Germany, March 25, 2020.

No 'Stag', Some 'Flation': Bets On Europe Inc Are Still On

Hit by surging inflation and Russian invasion of Ukraine, European shares have sunk to their lowest level in a year on March 7, falling over a fifth from their January highs to end up in what investors consider a bear market.

Starbucks announced that longtime CEO Howard Schultz will return to lead the company on an interim basis

Howard Schultz Returns To Starbucks As Interim Leader, Johnson Exits

Howard Schultz returns to Starbucks as interim leader, Johnson exits

LDLC computer hardware retailer office staff play bowling at the company headquarters in Limonest near Lyon, France, March 10, 2022.

Meet The Company Where Staff Work Less, But Produce More

When French company boss Laurent de la Clergerie decided to let his staff work a four-day week, on the same pay as before, he knew he risked hurting his bottom line.

People walk past an Amazon Books retail store in New York City, U.S., February 14, 2019.

Retail Sales Plunge To 0.3% Growth As More Americans Pare Back Purchases Over Rising Inflation

U.S. retail sales fell in February, growing by only 0.3% after seeing a strong surge in spending in January. Rising inflation has been deemed the cause of this sharp decline.

Howard Schultz Returns As Interim CEO Of Starbucks

Starbucks announced on Wednesday that current CEO Kevin Johnson will retire and Howard Schultz will act as interim CEO.

The Kohlâs label is seen on a shopping basket in a Kohlâs department store in the Brooklyn borough of New York, U.S., January 25, 2022.

Hudson's Bay Bidding For Kohl's - Source

Canadian department store chain Hudson's Bay Co is bidding for American peer Kohl's Corp, a source familiar with the matter told Reuters.

Chick-Fil-A A Public Nuisance? This City Seems To Think So

Residents in Santa Barbara, California are fed up with Chick-fil-A's long drive-thru lines blocking traffic.

Starbucks Says Howard Schultz Back As Interim Leader As Johnson Exits

Starbucks says Howard Schultz back as interim leader as Johnson exits

WTO head Ngozi Okonjo-Iweala says a breakthrough between the EU, US, India and South Africa on waiving intellectual property rights on Covid-19 vaccines is a major step forward

WTO Chief Hails Covid Vaccines IP Compromise

WTO chief hails Covid vaccines IP compromise

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., January 26, 2022.

Markets 'Operating Well,' No Sign Of Defaults Amid Extreme Volatility - CFTC Chair

Markets are "operating well" amid extreme volatility sparked by Russia's invasion of Ukraine, although there are unknown risks, the chair of the U.S.

U.S. CFTC Chair Says Markets 'Operating Well' Amid Extreme Volatility

The head of the U.S. derivatives markets regulator said on Wednesday that markets are "operating well" amid extreme volatility sparked by Russia's invasion of Ukraine and retaliatory Western sanctions, although there are unknown risks.

U.S. CFTC Chair Says Ongoing Ukraine Tragedy Has Led To 'Extreme Volatility,' But Markets Responding Well

The head of a U.S. markets regulator said on Wednesday that while U.S.

Starbucks CEO Kevin Johnson (R) and Chief Executive Officer of Alibaba Group Holding Ltd. Daniel Zhang hold cups of Starbucks for a picture at a strategic partnership press conference in Shanghai, China August 2, 2018.

Starbucks' Schultz To Return As CEO Johnson Retires Amid Union Battle

Starbucks Corp's longtime former Chief Executive Officer Howard Schultz will return to lead the company for the third time, taking over as interim CEO and driving strategy for dealing with a growing union drive at U.S.

Starbucks CEO Johnson Retires As Pandemic Wanes, Union Drive Heats Up

Starbucks Chief Executive Officer Kevin Johnson will retire on April 4, the company said on Wednesday, and the coffee chain's founder Howard Schultz will serve as interim CEO.

One technician saids Russia has effectively built "a military base" at Chernobyl complete with missile-launching batteries

Chernobyl Workers Held 'Hostage' Amid Fears For Reactor Safety

Chernobyl workers held 'hostage' amid fears for reactor safety

A cashier wearing a mask to help slow the spread of coronavirus disease (COVID-19) bags groceries as the territory of Nunavut enters a two week mandatory restriction period in Iqaluit, Nunavut, Canada November 18, 2020.

Canada's Inflation Rate Surges To A Fresh 30-year High

Canada's annual inflation rate accelerated in February to hit a fresh 30-year high, with broad price gains hitting consumers on all fronts, data showed on Wednesday, bolstering the case for the Bank of Canada to move forcefully on rates.