The consumer goods company gave a somber outlook for the year ahead, predicting slower sales and historically high costs for raw materials and transportation as inflation picks up and the global health crisis continues.
Economists estimate that new filings for unemployment benefits resumed their decline after a one-week rise.
President Biden proposed Wednesday raising the domestic content requirement for a product to be considered “American-made” when purchased by the federal government. In what the White House hails as the biggest “Buy American” push in almost 70 years, the proposal would require that at least 60% of a product’s components ...
Pharma executives, lobbyists and consultants are mobilizing to fight what has become a threat to drug companies’ bottom lines: an agreement to better harmonize corporate taxation around the globe.
BP, Shell and TotalEnergies are all pursuing multimillion-dollar hydrogen projects, often with government support, as they seek to redefine their future role in a world less reliant on fossil fuels.
New plug-in models from Tesla, Ford, VW and others helped to boost demand, while hurdles still remain for the technology.
Unilever, the maker of Dove soap and Hellmann’s mayonnaise, warned of more price increases across a range of products, as it seeks to counter cost inflation across its business.
A pair of reports published Tuesday in the wake of a damning exposé featuring secretly recorded ExxonMobil lobbyists further illuminated the fossil fuel giant's efforts to influence powerful centrists in Congress and beyond.
Rising prices, shortages of supplies and the COVID delta variant could slow the economy's big rebound more than economists first thought.      
China’s imports and exports posted stronger-than-expected growth in June as global demand for Chinese goods remained solid and sporadic Covid-19 outbreaks in the country’s biggest export hub didn’t hit outbound shipments as much as expected.
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