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After almost a week, salvage teams have partially freed and refloated the 1,300-foot Ever Given ship stuck in the Suez Canal, raising hopes that the vital trade route could soon reopen. Freedom for the stranded Ever Given ship would...
Google tried to copy Amazon’s playbook to become the shopping hub of the internet, with little success. Now it is trying something different: the anti-Amazon strategy. Google is trying to present itself as a cheaper and less restrictive option for...
Tencent is feeling the pressure from China’s mounting scrutiny of big internet companies as regulators continue to roll out new measures that could hinder the growth of some of its most promising businesses. Shares of the Hong Kong-listed web giant...
Two months into the new administration, labor leaders are proclaiming Joseph R. Biden Jr. to be the most union-friendly president of their lifetime — and “maybe ever,” as Steve Rosenthal, a former political director for the A.F.L.-C.I.O., said in...
A group of gravediggers in Columbus, Ohio, who just negotiated a 3 percent raise. The poultry plant that processes chicken nuggets for McDonald’s. The workers who make Cap’n Crunch in Iowa. The women’s shoe department at Saks Fifth Avenue...
If there is any silver lining from this past year in the restaurant space, it’s that we now have a few solid case studies from brands that fared pretty well despite the crisis. Count Taco Bell among them. The chain inched...
An electric vehicle charging point which uses tidal energy has started operations, providing road users on an island north of mainland Scotland with a new, renewable option for running their cars. The facility is located on Yell, which is part...
In normal times, Ziad Hassan, a grocery store manager in Beirut, would get a daily email from his chain’s management telling him which prices needed to be adjusted and by how much. But as Lebanon’s currency has collapsed, sending the...
The Federal Reserve said on Friday that it would not extend a temporary exemption of a rule that dictates the amount of capital banks must keep in reserve, a loss for big banks and their lobbyists, who had been...
Jobs are coming back. Businesses are reopening. But a year after the pandemic jolted the economy, applications for unemployment benefits remain stubbornly, shockingly high — higher on a weekly basis than at any point in any previous recession, by...
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