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Business News

Location American Business News for 1 April 2022
The former pilot was sentenced to 12 months in jail after pleading guilty to four counts of fraud, the UK Civil Aviation Authority said.
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Fools Rush In: The Funniest, Weirdest and Wildest Brand Stunts of April Fools' Day 2022 April Fools' Day is back. In 2020, consumers fairly explicitly communicated to brands that the second month of a global pandemic was really not the time to be Fools-ing around--and, for the most part, brands took the hin...
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FCB International CEO Luis Silva Dias Departs FCB International chief executive Luis Silva Dias has left the agency network following the departure of the network's global chief executive Carter Murray in February. Dias was appointed to the role in October 2018 with...
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UnionBank Raising Up To $1.1 Billion To Fund Acquisition Of Citigroup's Philippine Consumer Banking Unit UnionBank of the Philippines--which counts the Aboitiz family as its biggest shareholder--is raising as much as 59 billion pesos in a stock rights offering to fund the acquisition of Citigroup's consumer banking business...
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Ukraine's Best Tank Brigade Has Won The Battle For Chernihiv When a Russian tank army swept southwest from the Russia-Belarus border region into northern Ukraine on the morning of Feb. 24, a single Ukrainian tank brigade stood between it and the eastern suburbs of Kyiv.
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Sens. Dick Durbin, Chuck Schumer, and Patty Murray led colleagues in urging Biden to reform the bankruptcy process for student-loan borrowers.
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U.S. stocks see modest gains early Friday as investors sift through a slightly smaller-than-expected rise in nonfarm payrolls in March and a further drop in the unemployment rate.
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In the first legislative success for gig companies in their attempt to rewrite labor laws, Washington Gov. Jay Inslee on Thursday signed into law a bill that ensures new benefits for ride-hailing drivers in the state but...
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The US economy added 431,000 jobs in March, and the unemployment rate fell to 3.6%, the Labor Department said Friday.
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The U.S. created a steady 431,000 jobs in March and the unemployment rate took another step toward a half-century low, as companies pushed to add staff and more people entered the labor force in search of work.
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Chinese stocks soar after Beijing reportedly considers giving US access to audits to prevent delistings The SECcan delist Chinese companiesif for three straight years they do not allow a US accounting firm to conduct an audit of their financials.
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U.S. Added 431,000 Jobs In March--Unemployment Rate Falls Closer To Pre-Covid Low The number of unemployed people fell to 6 million, compared to 5.7 million before the pandemic, the government said.
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Russian corporate bonds have jumped as vultures spy bargains despite the war in Ukraine Some investors have been attracted to Russian debt by extremely low prices and by signs of progress in Ukraine peace talks.
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The Kremlin says it won't cut gas supplies to European customers until mid-April at the earliest.
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There are more Russian GRU agents in Mexico than in any other country, top US general says Russia could also take advantage of the instability created by Mexican drug cartels, Gen. Glen VanHerck said.
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Eurozone Inflation Hits 7.5 Percent as Energy Prices Soar

The New York Times - 1 Apr 2022 16:51
Eurozone Inflation Hits 7.5 Percent as Energy Prices Soar A continued run-up in prices shows how rapidly the impact of the war in Ukraine is coursing through Europe's economy.
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Just Stop Oil and XR protesters block UK refineries - video Hundreds of climate change activists have blockedoilterminals across Britain, with some protesters climbing on top ofoiltankers as part of their campaign to force the government to end the country's reliance on fossil fu...
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Law Project Presented in Argentinian Senate Proposes to Tax Undeclared Cryptocurrency Held Outside the Country A new law project presented in the Argentinian Senate is seeking to start a fund to pay for part of the debt the country has with the International Monetary Fund (IMF). The project, which is being pushed by members of th...
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A look at similar periods from the past shows investors in U.S. stocks should fare relatively well
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Profits jump for Patel-backed PPE firm after it won £216m contracts Pharmaceuticals Direct Limited was awarded taxpayer-funded business after support from home secretary Profits at a PPE company that secured support from the home secretary, Priti Patel, as it lobbied ministers for UK gov...
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With Corporate Profit Growth Set To Cool, Are Capital Equipment Stocks Still A Buy? Our theme of Capex Cycle Stocks - which includes heavy equipment makers, electrical systems suppliers, automation solutions providers, and semiconductor fabrication equipment players - has declined by about 5% year-to-da...
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Car Sales Seen Sputtering as Supply-Chain Woes Hurt Production Auto makers are projected to report lower year-over-year sales amid tight inventories. "This market is stuck in low gear," said one industry watcher.
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