The number of Americans applying for unemployment benefits last week fell to the lowest level in four months. The Labor Department reported Thursday that applications for jobless claims fell by 4,000 to 218,000 for the week of Sept. 21. It was the fewest since mid-May and less than the 224,000 analysts were expecting. Last week’s … Read more
Home Depot was about to launch something big — really big — when the pandemic hit in the spring of 2020: a 12-foot skeleton. “There were a lot of internal discussions. It was like, is there going to be Halloween this year?” said Lance Allen, senior merchant of decorative holiday at Home Depot. “Are customers … Read more
WASHINGTON — A network of people and virtual currency exchanges associated with harboring Russian cybercrime were hit with sanctions on Thursday, in a government-wide crackdown on cybercrime that could assist Russia ahead of President Joe Biden’s meeting with Ukrainian President Volodymyr Zelenskyy. U.S. Treasury sanctioned alleged Russian hacker Sergey Ivanov and Cryptex — a St. … Read more
SKOPJE, North Macedonia — North Macedonia’s conservative prime minister has reacted angrily to reports that his country’s troubled European Union accession bid hit a new hurdle because of a dispute with neighboring EU member Bulgaria. Prime Minister Hristijan Mickoski said Thursday that the EU was trying to “dictate” what North Macedonia should do, and suggested … Read more
DETROIT — With a strike deadline looming, the group representing East and Gulf Coast ports is asking a federal agency to make the Longshoremen’s union come to the bargaining table to negotiate a new contract. The U.S. Maritime Alliance says it filed an unfair labor practice charge with the National Labor Relations Board alleging that … Read more
DETROIT — The Michigan Court of Appeals threw out a manslaughter charge against a Detroit gas station clerk who locked the door before an angry customer shot three bystanders, killing one. Prosecutors have argued that clerk Al-Hassan Aiyash’s actions make him criminally responsible. But the appeals court said an involuntary manslaughter charge doesn’t fit. It … Read more
The owner of the politically right-leaning New York Sun has emerged as the favourite to acquire the Daily and Sunday Telegraph ahead of Friday’s deadline for bids. Though a late entrant to the auction British-born Dovid Efune’s BID is considered by several parties as the potential new frontrunner. He is thought able to offer a … Read more
Bristol Myers Squibb’s Cobenfy drug Courtesy: Bristol Myers Squibb The Food and Drug Administration on Thursday approved Bristol Myers Squibb‘s highly anticipated schizophrenia drug, the first novel type of treatment for the debilitating, chronic mental disorder in more than seven decades. Schizophrenia affects how a person thinks, feels and behaves, and can cause paranoia, delusions, … Read more
Jaguar Land Rover (JLR) will spend half a billion pounds upgrading a factory for electric vehicle production, it has been announced. The manufacturer said the investment would transform its historic Halewood facility on Merseyside to support the production of electric vehicles, alongside existing combustion and hybrid models. The move is part of a £15bn global … Read more
The Treasury is reconsidering parts of Labour’s manifesto plan to toughen up the abolition of non-domicile tax status. This is on account of concerns over how much money will be raised, should wealthy foreigners simply leave the UK. “Non-dom” describes a UK resident whose permanent home – or domicile – for tax purposes is outside … Read more