Lebanon reduces fuel subsidies amid gasoline shortages
BEIRUT — Lebanon’s caretaker prime minister on Friday granted his approval for financing fuel imports at a rate higher than the official exchange rate,...
Nike shares surge premarket on N. American sales, outlook
Nike's shares are soaring before the opening bell Friday, as the footwear and clothing company posted record fiscal fourth-quarter sales in North America and...
Rory Gamble, who led UAW through scandal, pandemic, retires
DETROIT — Rory Gamble, a former Ford Motor Co. factory worker who led the United Auto Workers through one of the most turbulent periods...
Infrastructure spending promises boost for construction cos.
Plans to pump money into rebuilding the nation’s roads, bridges and other infrastructure could give companies with ties to the construction industry a solid...
Judge: Indiana must continue federal unemployment benefits
INDIANAPOLIS — A Marion County judge ordered Friday that Indiana must continue the federal government’s unemployment benefits, putting a temporary stop to Gov. Eric...
Japan’s Toshiba wins approval for board, despite controversy
TOKYO — Battered Japanese nuclear and electronics giant Toshiba Corp. faced off with shareholders Friday, seeking to shake off serious questions about governance at...
Infrastructure spending promises boost for industry
Plans to pump money into rebuilding the nation’s roads, bridges and other infrastructure could give companies that make machinery and materials a solid foundation...
BuzzFeed to become a publicly traded company
NEW YORK — BuzzFeed will become a publicly traded company with an implied value of $1.5 billion through a merger with a special purpose...
All big banks pass latest Federal Reserve ‘stress tests’
NEW YORK — All 23 of the nation's biggest banks are healthy enough to withstand a sudden economic catastrophe, the Federal Reserve said Thursday...
Can pandemic recovery plan end Italy’s years of stagnation?
MILAN — The COVID-19 pandemic hit Italy especially hard, killing more than 127,000 people and sending the European Union's third-largest economy into a devastating...