Category: Business

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Russia Restarts Gas Shipments Through Pipeline, but Keeps Germany Guessing

Russia is again sending natural gas through the Nord Stream 1 pipeline to Germany, but nobody knows how much and how long the fuel will flow.  » mehr lesen

F.D.A. Seeks Outside Review of Troubled Food and Tobacco Units

The agency’s commissioner asked an external foundation to examine its operations in the wake of the baby formula and vaping crises.  » mehr lesen

Mattel Earnings: Toymaker Reports a 20 Percent Jump in Sales

Revenue for the second quarter was $1.2 billion, up from $1 billion in the same quarter last year, which helped the toymaker swing to a profit of $66.4 million.  » mehr lesen

Snap Reports User Growth But a Wider Loss in the Second Quarter

The company declined to forecast its future financial performance, citing “uncertainties related to the operating environment.”  » mehr lesen

What Is the Yield Curve? Wall Street’s Recession Alarm Is Ringing.

An inversion of the bond market’s yield curve has preceded every U.S. recession for the past half century. It is happening again.  » mehr lesen

ECB Rates: Europe Joins Inflation Fight With First Increase in 11 Years

Policymakers are trying to slow soaring prices while avoiding a recession among the countries that use the euro.  » mehr lesen

Truckers’ Protests Over Labor Law Block Access to Oakland’s Port

The truckers say they’re concerned that a law classifying many freelance workers as employees could hurt their ability to operate independently.  » mehr lesen

Ex-Coinbase Employee and 2 Others Charged With Insider Trading of Crypto Assets

The case is the first time criminal insider-trading charges have been filed that involve cryptocurrency assets, a U.S. attorney said.  » mehr lesen

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