Category: Business

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U.K. Inflation Rate Slows Slightly to 9.9 Percent

But prices are still rising at about the fastest pace in 40 years and an increase in core inflation will keep the pressure on the central bank to raise interest rates.  » mehr...

Markets plunge on higher-than-expected inflation numbers.

Stocks plummeted and government bond yields jumped higher as investors were wrong-footed by data showing stubbornly high price increases last month.  » mehr lesen

Starbucks Union Leader Jaz Brisack Says Company Ousted Her

Jaz Brisack said her employer had refused to accommodate her scheduling requests. Starbucks said it sought to balance requests against business needs.  » mehr lesen

Challenges for Russia and China Test a ‘No-Limits’ Friendship

Vladimir Putin and Xi Jinping are set to meet later this week. Russia’s battlefield losses and China’s slowdown could complicate their relationship.  » mehr lesen

Starbucks Shares Shift in Strategy, to Automation and Expansion

The coffee giant intends to speed up drink-making and open thousands of additional locations in China over the next three years.  » mehr lesen

Pandemic Aid Cut U.S. Poverty to New Low in 2021, Census Bureau Reports

A measure that accounts for all federal subsidies also showed a reduction of almost half in the number of children below the poverty level.  » mehr lesen

Celsius Network Plots a Comeback After a Crypto Crash

The chief executive of the experimental crypto bank Celsius has told employees about an audacious plan to revive the firm, which filed for bankruptcy in July.  » mehr lesen

Woman Gets 4 Months After Shoving Flight Attendant, Spitting on a Passenger

Kelly Pichardo, 32, will also have to pay more than $9,000 to American Airlines for the altercation, which came as incidents involving unruly passengers unnerved airline workers and the public.  » mehr lesen

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