Economy
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Radar glitch caused flight halt in northern Italy, air traffic controller says
Flights in northwestern Italy were suspended for two hours late on Saturday due to a malfunction in the radar transmission…
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Nike Shares Soar After a Production Shift Away From China, But Warns of a $1 Billion Tariff Hit
Nike’s shares jumped at the opening bell Friday after the company said it’s shifting some production away from China. But…
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Key Inflation Gauge Rose Last Month While Americans Cut Back on Spending
A key inflation gauge moved higher in May in the latest sign that prices remain stubbornly elevated while Americans cut…
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German Minimum Wage Set to Rise by About 14% Over the Next 18 Months
Germany’s minimum wage is set to rise by about 14 percent over the next 18 months under an agreement that…
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UAE fund buys $100 million of Trump’s World Liberty tokens
A United Arab Emirates-based fund has bought $100 million worth of digital tokens issued by World Liberty Financial, the crypto…
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Maersk resumes Haifa port calls
Shipping company Maersk said on Friday it had decided to resume vessel calls at Israel’s Haifa port. “With the prospect…
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Fannie Mae, Freddie Mac Ordered to Consider Crypto as an Asset When Buying Mortgages
The head of the federal government agency that oversees Fannie Mae and Freddie Mac wants the mortgage giants to consider…
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Nestlé says it will remove artificial dyes from US foods by 2026
Nestlé said Wednesday it will eliminate artificial colors from its US food and beverages by the middle of 2026. It’s…
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75 Years After the Then-Worst Crash in US History, Search Ends for a Plane in Lake Michigan
A group is ending its 20-year search for a plane that crashed into Lake Michigan in 1950, killing all 58…
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Bumble Says It Will Cut 240 Jobs, or About 30% of Its Global Workforce
Online dating platform Bumble plans to lay off about 240 employees, or roughly 30 percent of its global workforce. In…
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