Biden administration aims $2 billion in grants at US electric vehicle transition
By Timothy Gardner and Joseph White WASHINGTON/DETROIT (Reuters) -President Joe Biden’s administration on Wednesday said it intends to invest $2…
Business
Boeing says about 90% of China 737 MAX jets have resumed commercial operations
BEIJING (Reuters) -About 90% of Boeing’s China 737 MAX jets have resumed commercial operation as of the end of June,…
Solvay reaches nearly $393 million PFAS settlement with New Jersey
BRUSSELS (Reuters) -The U.S. branch of Belgian chemicals company Solvay has struck a nearly $393-million deal with the New Jersey…
US hunger rates rise as pandemic aid ends, data shows
By Leah Douglas (Reuters) – Food insecurity is rising in the U.S. as the end of pandemic-era aid and higher…
Exclusive-NielsenIQ’s GfK deal set for conditional EU antitrust approval
By Foo Yun Chee BRUSSELS (Reuters) – Advent-owned NielsenIQ is set to secure EU antitrust clearance for its proposed acquisition…
US approves $15 billion in Patriot and missile defense upgrades for Poland
WASHINGTON (Reuters) – The U.S. State Department has approved a possible $15 billion sale of an Integrated Air and Missile…
Oracle extends its flagship database to Ampere’s computing chips
By Stephen Nellis MENLO PARK, California (Reuters) – Oracle on Wednesday said that it has modified its flagship database software…
From caterers to cowboy outfitters: Writers’ strike hits Hollywood economy
By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) – Before Hollywood writers walked off the job in early May,…
Oil prices jump 3% on bigger-than-expected decline in US crude storage
By Scott DiSavino NEW YORK (Reuters) -Oil prices climbed about 3% on Wednesday as the second straight weekly draw from…
ECB’s Vasle: biased toward rate hike beyond July
By Balazs Koranyi SINTRA, Portugal (Reuters) – Euro zone inflation is so persistent that interest rate hikes beyond July may…