US Producer Prices Rise Most in More Than a Year on Energy Costs
Prices paid to US producers increased in August by the most in more than a year, boosted by rising energy and transportation costs.
Prices paid to US producers increased in August by the most in more than a year, boosted by rising energy and transportation costs.
Cevian Capital AB, Europe’s largest activist firm, says enhancing shareholder value through considering a change in where a stock is listed will be a big part of its investment and restructuring campaigns in the coming years.
Prime Minister Rishi Sunak is mulling whether to further pare back the UK’s flagship HS2 high-speed railway line amid concerns about the spiraling costs of the project, according to a person familiar with the matter.
Denmark’s central bank is set to match the European Central Bank and raise its benchmark interest rate by 25 basis points later on Thursday, according to economists surveyed by Bloomberg News.
Turkey is making it costlier for banks to offer short-term deposits that make up the bulk of a $124 billion government-backed lira savings program, a tightening of policy that will soak up billions in liquidity and attempts to discourage people from shifting into dollars.
Australia’s top general has raised serious concerns over how artificial intelligence can be used by hostile nations to further speed up disinformation and disrupt liberal democracies, eroding the ability to deter military conflict.
Beverly Hills, a city known for luxurious mansions, must come up with a new plan to comply with a California law that requires it to offer housing for moderate- and low-income residents, a judge ruled.
Dubai customs agents foiled what was likely one of the largest drug smuggling operations in the Middle East, seizing nearly 14 tons of a highly addictive stimulant known as captagon and arresting six suspects.
Amazon.com Inc.’s Whole Foods Market is pointing to the landmark US Supreme Court ruling in June that allowed a business owner to refuse services to same-sex couples as it argues it shouldn’t be forced to let workers wear “Black Lives Matter” masks.
The US and Alphabet Inc.’s Google are facing off in a trial over claims the company engaged in anticompetitive practices — a key test of the government’s ability to limit the power of technology giants like Google, Amazon.com Inc., Apple Inc. and Meta Platforms Inc.