Business News
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IMF chief urges US and wealthy nations to rein in debt to ease global economic pressure
The head of the International Monetary Fund says the United States and other wealthy nations must urgently tackle mounting global debt, which is weighing most heavily on low-income countries
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GlobalFoundries to open 2 new chip plants in New York with $21 billion in financing from Japan
Semiconductor contract manufacturing and design company GlobalFoundries Inc. says it plans to open two chip-making factories in Malta, New York, financed by an investment of up to $21 billion from Japan
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Kelly Clarkson and a Brooklyn store clashed on social media. Behind it, power dynamics loomed
Kelly Clarkson's recent dispute with a Brooklyn store highlights the power dynamics between celebrities and everyday people
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Blockbuster-era law governing privacy of video rentals gets a fresh look from the Supreme Court
A 1988 law designed to protect the privacy of movie rentals in the age of Blockbuster Video is getting a fresh look from the Supreme Court
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Netflix is laying off 6% of its workforce, in biggest round of job cuts at streaming giant in years
Netflix plans to lay off about 6% of its workforce as part of wider organizational changes
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Lawyers for Federal Reserve's Lisa Cook say White House hearing set up by Trump is 'biased'
Federal Reserve governor Lisa Cook’s lawyers say that a committee set up by the White House last week to investigate an accusation against her is “demonstrably biased,” though they did not close the door on the possibility that she would appear before the panel
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Fuel crisis hits Indonesia's Bali, triggers long lines in gas stations for days
Long lines have formed at gas stations across Indonesia’s resort island of Bali after fuel deliveries have been disrupted by a tanker delay, bad weather and strong demand for subsidized fuel
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The first new sunscreen type in 25 years has arrived on US store shelves
Americans have a new sunscreen option for the first time in over 25 years
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Irish public sector workers strike, leading to school closures and canceled medical appointments
Hundreds of thousands of Irish teachers, doctors and civil servants have walked off the job
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Inflation worsened last month to 3.7% in sign that prices remain elevated as midterm elections near
U.S. inflation accelerated last month as gas, clothes, and air fares got more expensive, evidence that rising prices remain an economic challenge just a few weeks before the midterm elections
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