Pharmaceutical trade group sues US over Medicare drug price negotiation plans
By Patrick Wingrove NEW YORK (Reuters) -The Pharmaceutical Research and Manufacturers of America (PhRMA), the leading industry lobby group, and…
Business
Dollar dips as Powell testimony disappoints hawks
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar fell against a basket of currencies on Wednesday after Federal…
Fed nominees stress importance of inflation, job mandates in Senate hearing
By Michael S. Derby (Reuters) – Two Federal Reserve officials and a labor economist who aspires to join their ranks…
Mastercard launches global plan to recycle credit cards
By Simon Jessop LONDON (Reuters) – Payments company Mastercard on Wednesday launched a global project to recycle credit and debit…
Grupo Mexico defends legality of San Martin mine operations after U.S. labor complaint
By Daina Beth Solomon MEXICO CITY (Reuters) – Grupo Mexico said Wednesday it legally resumed operations at its San Martin…
Bank of Canada to gauge need for further hikes based on data -minutes
By Steve Scherer and David Ljunggren OTTAWA (Reuters) -The Bank of Canada agreed that the need for further rate hikes…
Chipmaker Intel restructures manufacturing business
(Reuters) – Intel Corp said on Wednesday its manufacturing business will work like a separate unit and will begin to…
Uber to lay off 200 employees in recruitment division
(Reuters) – Uber Technologies said on Wednesday it was cutting 200 jobs in its recruitment division amid plans to keep…
Tesla urges EPA to finalize tougher US heavy-duty emissions cuts
By David Shepardson WASHINGTON (Reuters) -Tesla urged the Biden administration to finalize significantly stricter heavy-duty emissions limits than proposed in…
US needs ‘comprehensive legislation’ to address AI risks -Schumer
By David Shepardson and Richard Cowan WASHINGTON (Reuters) -U.S. Senate Majority Chuck Schumer on Wednesday called for “comprehensive legislation” to…