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Stocks resume their rout as falling profits reignite fears of inflation.

Business NY Times - May 18, 2022

Target reported that inflation was taking a toll on its bottom line, a day after Walmart reported the same. » mehr lesen

Stocks resume their rout as falling profits reignite fears of inflation.

Business NY Times - May 18, 2022

Target reported that inflation was taking a toll on its bottom line, a day after Walmart reported the same. » mehr lesen

Sustainability Index Drops Tesla, Prompting Insult from Musk

Business NY Times - May 18, 2022

S&P cited racial discrimination claims in deciding to exclude the electric carmaker from a listing of socially responsible companies. » mehr lesen

Target’s Shares Plunge After Inflation Eats Into Profits

Business NY Times - May 18, 2022

The retailer pointed to “unexpectedly high costs” as a hit on its bottom line. » mehr lesen

French Cement Company to Face Charges of Complicity in Human Rights Violations

Business NY Times - May 18, 2022

Lafarge faces a court battle over allegations that it put employees at risk and financed terrorist groups in a bid to keep operating in Syria. » mehr lesen

How a Trash-Talking Crypto Founder Caused a $40 Billion Crash

Business NY Times - May 18, 2022

Do Kwon, a South Korean entrepreneur, hyped the Luna and TerraUSD cryptocurrencies. Their failures have devastated some traders, though not the investment firms that cashed out early. » mehr lesen

Broadway Deal Over Rudin Shows Will Limit Nondisclosure Agreements

Business NY Times - May 18, 2022

Performers and stage managers were released from agreements they signed to work on four shows that were produced by Scott Rudin after their union, Actors’ Equity, filed complaints. » mehr lesen

Inflation in Britain at Fastest Pace in 40 Years

Business NY Times - May 18, 2022

The annual inflation rate jumped as household gas and electricity bills rose significantly. » mehr lesen