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Shell Reports Record $11.5 Billion Profit

The energy giant is thriving because of soaring oil and gas prices and a tight market for refined products.  » mehr lesen

Crops ‘Stored Everywhere’: Ukraine’s Harvest Piles Up

Farmers who have lived under the risk of Russian missile attacks have their doubts about an international agreement to ease a blockade on grain shipments through the Black Sea.  » mehr lesen

Fed Fights Inflation With Another Big Rate Increase

The central bank raised rates by three-quarters of a point, its fourth increase this year, as it attempts to tame prices without causing a severe downturn.  » mehr lesen

Federal Reserve Makes Another Supersized Rate Increase to Tame Inflation

The central bank raised rates by three-quarters of a percentage point and suggested additional large increases could be warranted.  » mehr lesen

Spirit Airlines Shareholders Reject Merger With Frontier

The decision could improve prospects for Spirit to reach a deal with JetBlue, a suitor it had previously rejected.  » mehr lesen

F.T.C. Sues to Block Meta’s Virtual Reality Deal as It Confronts Big Tech

The move is a potential blow to Meta’s metaverse efforts and signals a shift in how the Federal Trade Commission is approaching tech deals.  » mehr lesen

Senate Passes $280 Billion Industrial Policy Bill to Counter China

The bipartisan vote reflected a rare consensus in the otherwise polarized Congress in favor of investing federal resources into a broad industrial policy to counter China.  » mehr lesen

F.D.A. Tobacco Science Official Takes Job at Philip Morris

The agency official headed an office that plays a key role in deciding whether to approve e-cigarettes and other products aimed at reducing smoking.  » mehr lesen

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