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19927 articles published since 08 Mar 2022

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US to stop collecting emissions data from polluters
US to stop collecting emissions data from polluters
Economy

The United States moved on Friday to dismantle a "burdensome" federal program that tracks greenhouse gas emissions across the US economy, the latest step by President Donald Trump's administration to undercut efforts against climate change. Democrats had anticipated the move after they obtained documents in the spring that indicated the change was planned.

Boeing defense workers reject deal to end strike
Boeing defense workers reject deal to end strike
Economy

Boeing workers at its St. Louis area defense factories will stay on strike after union members voted Friday to reject a new contract offer from the US aviation giant. "We're disappointed our employees have rejected a five-year offer, including 45 percent average wage growth," said Dan Gillian, a senior St. Louis site executive with Boeing.

Russia cuts interest rate as economy slows
Russia cuts interest rate as economy slows
Economy

Russia's central bank on Friday cut its key interest rate, but warned inflation was still too high, amid growing fears of an economic slowdown after bloated spending on the Ukraine offensive. The bank is now gradually trimming interest rates from a two-decade high of 21 percent.

Armani's will lays path to potential buyout by rival
Armani's will lays path to potential buyout by rival
Economy

Fashion legend Giorgio Armani asked in his will made public Friday for a major luxury group to take a stake in his company, citing LVMH, EssilorLuxottica or L'Oreal as potential buyers. He named French luxury giant LVMH, cosmetics group L'Oreal and eyewear firm EssilorLuxottica as his preferred buyers, although another of similar stature would also be acceptable.

Russian central bank cuts interest rate as economy slows
Russian central bank cuts interest rate as economy slows
Economy

Russia's central bank on Friday cut its key interest rate, but warned inflation was still too high, amid growing concerns over an economic slowdown amid the Ukraine offensive. The bank is now gradually trimming interest rates from a two-decade high of 21 percent.

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