Category: Business

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Fed Minutes Show Officials Expecting to Raise Rates Three Times to Address Inflation

Minutes of the Federal Reserve’s May meeting underscored the deep concern within the central bank about rapidly rising prices that have far exceeded the Fed’s target.  » mehr lesen

Twitter’s Chief Tries Staying the Course as Elon Musk Upends Plans

Parag Agrawal, Twitter’s chief executive, is grappling with a takeover where nobody “would want to be in those shoes.”  » mehr lesen

‘Quantum Internet’ Inches Closer With Advance in Data Teleportation

Scientists have improved their ability to send quantum information across distant computers — and have taken another step toward the network of the future.  » mehr lesen

Germany plans to keep coal-fired plants ready in case Russian gas is cut.

The power plants, due to be shut down, would be kept in reserve to provide electricity if Russia ends shipments of natural gas.  » mehr lesen

U.S. begins inquiry into industry’s role in infant formula supply shortages.

The Federal Trade Commission said it would examine patterns of mergers and acquisitions to better understand how the industry became so concentrated.  » mehr lesen

US Begins Inquiry Into Industry’s Role in Infant Formula Supply Shortages

The Federal Trade Commission said it would examine patterns of mergers and acquisitions to better understand how the industry became so concentrated.  » mehr lesen

Glencore Will Pay $1.1 Billion to Settle Bribery and Price-Fixing Charges

U.S. prosecutors said the settlement followed “a multiyear scheme to manipulate benchmarks used to set prices for oil at two of our country’s busiest ports.”  » mehr lesen

Stellantis and Samsung to Spend $2.5 Billion on an EV Battery Plant in Indiana

The automaker, which owns Jeep and Ram, is seeking to catch up in a global race to build electric cars and trucks.  » mehr lesen

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