(Bloomberg) — Two known omicron subvariants are driving the vast majority of infections as Covid-19 surges through China, the World Health Organization said on Wednesday, repeating a call for more transparency as the country grapples with the end of its Covid Zero policy.
(Bloomberg) — New Jersey extended its health benefits contract with Horizon Blue Cross Blue Shield for another year even after state officials alleged the health insurer failed to meet the terms of the deal.
(Bloomberg) — The US stock market will bottom by the middle of 2023 as the Federal Reserve tamps down inflation without causing anything worse than a “mild” economic recession, according to Byron Wien’s annual list of surprises.
Britain’s power grid delivered the cleanest energy on record to households and businesses across the country early Wednesday.
Prime Minister Rishi Sunak on Wednesday sought to portray himself as a straight-talking, sensible politician who the British electorate can trust.
Salesforce Inc. will cut about 10% of its workforce and reduce real estate holdings after the enterprise software company said it hired too many people during the pandemic-fueled boom and is adjusting to more cautious spending by customers.
House GOP Leader Kevin McCarthy and his lieutenants abandoned plans to seek to adjourn the House immediately after convening at noon, moving instead to a fourth vote for the next speaker.
The Miro oil refinery in southwest Germany is limiting deliveries of heating oil and gasoline to some customers, according to two people familiar with the matter.
A long-watched indicator of which way the stock market is likely to move next has lost predictive power lately, confounding investors who have come to rely on the signal embedded in options trades.
The Egyptian pound plunged to a record low on Wednesday as authorities navigate the country’s worst foreign-exchange crunch in half a decade.
