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The traffic jam at the Suez Canal will soon begin easing, but behemoth container ships like the one that blocked that crucial passageway for almost a week and caused headaches for shippers around the world aren’t going anywhere. Global supply...
In a start-up economy of self-described “boss babes,” Ashley Sumner wants to be known in simpler terms. While on a run near her home in the Venice neighborhood of Los Angeles in early March, Ms. Sumner was thinking about identity...
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...
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...
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...
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...
In making the case against a union at its warehouse in Bessemer, Ala., Amazon has touted its compensation package. The company notes that base pay at the facility, around $15.50 an hour for most rank-and-file workers, is more than twice the...
By the middle of March 2020 a sense of anxiety pervaded the Federal Reserve. The fast-unfolding coronavirus pandemic was rippling through global markets in dangerous ways. Trading in Treasurys — the government securities that are considered among the safest assets...
When Brett Thomas, cofounder and managing partner of CAVU Ventures, left hedge fund Scout Capital to back consumer packaged goods brands in 2009, he knew he had to find a way to quickly stand out in a space crowded...
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