Category: Business

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Raymond Damadian, Creator of the First M.R.I. Scanner, Dies at 86

Incensed when two others won the Nobel Prize for the science behind the invention, he took out a newspaper ad that called his exclusion a “shameful wrong that must be righted.”  » mehr...

Anshu Jain, Who Took Deutsche Bank to Wall Street, Dies at 59

As co-chief executive, he helped remake the German company into an investment banking power but stepped down after the complex activities he pushed caused regulatory problems.  » mehr lesen

CVS, Walgreens and Walmart Must Pay $650.5 Million in Ohio Opioids Case

A federal judge ordered the big pharmacy chains to bear partial responsibility for the deadly drug crisis.  » mehr lesen

Britons Brace for More Hardship as Prices Soar Amid Inflation

Cutting back on meat. Choosing cheaper supermarket brands. Stockpiling soap. Soaring prices force more sacrifices.  » mehr lesen

Inflation Hits the British Breakfast Table With Rising Food Prices

From bread to butter to baked beans, a survey of typical breakfast items makes clear that there’s no relief from rising inflation for Britons when they sit down for their morning meal....

U.K. Inflation Jumps to 10.1%, Pushed Higher by Food

The surge in prices is expected to peak in the autumn, when household energy bills are likely to sharply increase.  » mehr lesen

U.S. retail sales stall as gasoline prices decline.

Sales of other goods rose more than expected in July, with food, building materials, electronics and other goods posting gains.  » mehr lesen

Wall Street Doesn’t Hate This Spending Bill

It’s the type of tax-and-spend legislation that investors usually frown upon. But analysts are seeing plenty of positives in the Inflation Reduction Act.  » mehr lesen

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