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US Business

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U.S., stock markets kick off new week with significant losses

NEW YORK, New York - U.S. stocks decelerated sharply on Monday in an ominous start to a new week. Bond ...

Pfizer to spend $2.5 bln to expand Belgium, Irish factories

NEW YORK CITY, New York: Pfizer is set to invest more than $2.5 billion in its drug manufacturing operations in ...

Manufacturers predict US baby formula shortage to continue

NEW YORK CITY, New York: The infant formula shortage that has persisted in the U.S. for nearly a year, is ...

Apple returns to Twitter after Musk meeting with Tim Cook

Apple has "fully resumed" advertising on the Twitter social media platform, Bloomberg reported on Sunday, citing CEO Elon Musk's comments ...

CNN informs employees that layoffs are underway

ATLANTA, Georgia: As companies look to rein in costs and trim their headcount to brace for an economic slowdown, CNN's ...

US single-family home prices fall in September

CHICAGO, Illinois: Amidst higher mortgage rates, which are curbing demand, several surveys showed that U.S. single-family home prices slowed again ...

US: reject cable to Cuba to connect voice, internet

WASHINGTON D.C.: A U.S. government committee has urged the Federal Communications Commission (FCC) to deny an application to connect Cuba ...

2022 will see historic high farm incomes in US

WASHINGTON D.C.: The U.S. Department of Agriculture reported that as producers are benefitting from high global grain and oilseed demand ...

Manufacturers predict US baby formula shortage to continue

NEW YORK CITY, New York: The infant formula shortage that has persisted in the U.S. for nearly a year, is ...

Musk says Neuralink brain chip human trials to begin in 6 months

AUSTIN, Texas: Elon Musk has said that he expects a wireless brain chip developed by his company, Neuralink, to begin ...

Amtrak reports jump in riders, increased spending on infrastructure

WASHINGTON D.C.: According to U.S. rail company Amtrak, its ridership has nearly returned to pre-COVID-19 levels, rising by more than ...

CNN informs employees that layoffs are underway

ATLANTA, Georgia: As companies look to rein in costs and trim their headcount to brace for an economic slowdown, CNN's ...

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