Category: Бізнес

US Unemployment Drops Slightly; Job Growth Slows

The U.S. unemployment rate dropped slightly in July, while job gains were lower than many analysts predicted. Friday’s report from the Labor Department shows the jobless rate fell one-tenth of a percent to 3.9 percent, one of the lowest figures in years. The world’s largest economy also had a net gain of 157,000 jobs, which …

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Pakistani Engineer Turns Straw Waste Into Fuel

A Pakistani engineer has designed a system to help developing countries avoid fuel imports by making ethanol with the millions of tons of straw that are wasted each year. Faith Lapidus reports. …

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Apple is 1st Public US Company to be Valued at $1 Trillion

Apple made history Thursday when it became the first publicly listed U.S. company to be valued at $1 trillion. The tech giant’s share price climbed well over 2 percent in mid-session trading, boosting it about 9 percent higher since Tuesday, when it announced better-than-expected second-quarter earnings and a buyback of $20 billion worth of its …

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Apple is 1st Public US Company to be Valued at $1 Trillion

Apple made history Thursday when it became the first publicly listed U.S. company to be valued at $1 trillion. The tech giant’s share price climbed well over 2 percent in mid-session trading, boosting it about 9 percent higher since Tuesday, when it announced better-than-expected second-quarter earnings and a buyback of $20 billion worth of its …

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US Administration Proposes Freezing Auto Fuel Efficiency Standards

The Trump administration has announced plans to freeze fuel efficiency standards for vehicles. The administration also announced Thursday it wants to rescind the authority of California and other states to set more stringent vehicle mileage standards to address environmental issues like climate change and smog. New fuel-efficiency requirements, which were set to take effect in …

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US Administration Proposes Freezing Auto Fuel Efficiency Standards

The Trump administration has announced plans to freeze fuel efficiency standards for vehicles. The administration also announced Thursday it wants to rescind the authority of California and other states to set more stringent vehicle mileage standards to address environmental issues like climate change and smog. New fuel-efficiency requirements, which were set to take effect in …

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US Farmers Want ‘Trade Not Aid’

The rolling fields of green soybean plants growing on Fred Grieder’s Illinois farm would be a welcome sign most years … an indicator of a promising harvest in the fall. But this isn’t most years. Tariffs are turning away potential customers overseas, and Grieder estimates he could lose around $100 an acre if the trade …

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US Farmers Want ‘Trade Not Aid’

The rolling fields of green soybean plants growing on Fred Grieder’s Illinois farm would be a welcome sign most years … an indicator of a promising harvest in the fall. But this isn’t most years. Tariffs are turning away potential customers overseas, and Grieder estimates he could lose around $100 an acre if the trade …

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British Businesses Told to Do More to Close ‘Obscene’ Gender Pay Gap

More British businesses should be made to report the difference in how much they pay male and female staff, lawmakers said Thursday, citing “obscene” gender pay gaps in some companies. Businesses and charities with more than 250 workers must publish figures on their gender pay gap each year under a law introduced last year, but …

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British Businesses Told to Do More to Close ‘Obscene’ Gender Pay Gap

More British businesses should be made to report the difference in how much they pay male and female staff, lawmakers said Thursday, citing “obscene” gender pay gaps in some companies. Businesses and charities with more than 250 workers must publish figures on their gender pay gap each year under a law introduced last year, but …

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US Confirms Plan to Raise China Import Tariff to 25 Percent

U.S. President Donald Trump sought to ratchet up pressure on China for trade concessions by proposing a higher 25 percent tariff on $200 billion worth of Chinese imports, his administration said Wednesday. U.S. Trade Representative Robert Lighthizer said Trump directed the increase from a previously proposed 10 percent duty because China has refused to meet U.S. demands and has imposed retaliatory tariffs …

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US Confirms Plan to Raise China Import Tariff to 25 Percent

U.S. President Donald Trump sought to ratchet up pressure on China for trade concessions by proposing a higher 25 percent tariff on $200 billion worth of Chinese imports, his administration said Wednesday. U.S. Trade Representative Robert Lighthizer said Trump directed the increase from a previously proposed 10 percent duty because China has refused to meet U.S. demands and has imposed retaliatory tariffs …

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Fed Keeps Key Rate Unchanged While Signaling Future Hikes

The Federal Reserve is leaving its benchmark interest rate unchanged while signaling further gradual rate hikes in the months ahead as long as the economy stays healthy. The Fed’s decision left the central bank’s key short-term rate at 1.75 percent to 2 percent – the level hit in June when the Fed boosted the rate …

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Fed Keeps Key Rate Unchanged While Signaling Future Hikes

The Federal Reserve is leaving its benchmark interest rate unchanged while signaling further gradual rate hikes in the months ahead as long as the economy stays healthy. The Fed’s decision left the central bank’s key short-term rate at 1.75 percent to 2 percent – the level hit in June when the Fed boosted the rate …

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China Warns of Retaliation if US Takes More Trade Steps

China’s government has warned it will retaliate if Washington imposes new trade penalties following a report the Trump administration will propose increasing the tariff rate on an additional $200 billion of Chinese imports. A foreign ministry spokesman, Geng Shuang, warned Tuesday that Beijing will “definitely fight back” to defend its “lawful rights and interests.” He …

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China Warns of Retaliation if US Takes More Trade Steps

China’s government has warned it will retaliate if Washington imposes new trade penalties following a report the Trump administration will propose increasing the tariff rate on an additional $200 billion of Chinese imports. A foreign ministry spokesman, Geng Shuang, warned Tuesday that Beijing will “definitely fight back” to defend its “lawful rights and interests.” He …

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Saltwater Treatment Plant Brings ‘Tasty Tea’ to Indian Island

Each morning, Kamarunisa Poovummada sips her cup of tea while watching waves from the Arabian Sea crash around a water treatment plant opposite her house on Kavaratti island, off India’s southwest coast. She links the taste of her perfectly brewed cup to the desalination plant that has brought potable water to the doorsteps of islanders, …

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Saltwater Treatment Plant Brings ‘Tasty Tea’ to Indian Island

Each morning, Kamarunisa Poovummada sips her cup of tea while watching waves from the Arabian Sea crash around a water treatment plant opposite her house on Kavaratti island, off India’s southwest coast. She links the taste of her perfectly brewed cup to the desalination plant that has brought potable water to the doorsteps of islanders, …

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Shell, Petrobras Units Probed for Brazil Price-fixing

Brazil’s three largest fuel distribution companies are under investigation for fixing prices at the pump, police said on Tuesday, reigniting debate over potential collusion among gas station owners in Latin America’s largest oil producer. The firms targeted by the probe are Petrobras Distribuidora SA, a subsidiary of state oil company Petroleo Brasileiro SA; Ipiranga, a …

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Shell, Petrobras Units Probed for Brazil Price-fixing

Brazil’s three largest fuel distribution companies are under investigation for fixing prices at the pump, police said on Tuesday, reigniting debate over potential collusion among gas station owners in Latin America’s largest oil producer. The firms targeted by the probe are Petrobras Distribuidora SA, a subsidiary of state oil company Petroleo Brasileiro SA; Ipiranga, a …

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Tehran: Trump Wrong to Expect Saudis to Cover Loss of Iran Oil Supply

Iran said on Tuesday U.S. President Donald Trump was mistaken to expect Saudi Arabia and other oil producers to compensate for supply losses caused by U.S. sanctions on Iran, after OPEC production rose only modestly in July. The comments, from Iran’s OPEC governor, came a day after a Reuters survey showed OPEC production rose by …

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Tehran: Trump Wrong to Expect Saudis to Cover Loss of Iran Oil Supply

Iran said on Tuesday U.S. President Donald Trump was mistaken to expect Saudi Arabia and other oil producers to compensate for supply losses caused by U.S. sanctions on Iran, after OPEC production rose only modestly in July. The comments, from Iran’s OPEC governor, came a day after a Reuters survey showed OPEC production rose by …

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50 Years on, McDonald’s and Fast-Food Evolve Around Big Mac

McDonald’s is fighting to hold onto customers as the Big Mac turns 50, but it isn’t changing the makings of its most famous burger. The company is celebrating the 1968 national launch of the double-decker sandwich whose ingredients of “two all-beef patties, special sauce, lettuce, cheese, pickles, onions and a sesame seed bun” were seared …

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50 Years on, McDonald’s and Fast-Food Evolve Around Big Mac

McDonald’s is fighting to hold onto customers as the Big Mac turns 50, but it isn’t changing the makings of its most famous burger. The company is celebrating the 1968 national launch of the double-decker sandwich whose ingredients of “two all-beef patties, special sauce, lettuce, cheese, pickles, onions and a sesame seed bun” were seared …

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Accusations Fly as US Firms Seek to Avoid Trump’s Steel Tariff

U.S. companies seeking to be exempted from President Donald Trump’s tariff on imported steel are accusing American steel manufacturers of spreading inaccurate and misleading information, and they fear it may torpedo their requests. Robert Miller, president and CEO of NLMK USA, said objections raised by U.S. Steel and Nucor to his bid for a waiver …

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Accusations Fly as US Firms Seek to Avoid Trump’s Steel Tariff

U.S. companies seeking to be exempted from President Donald Trump’s tariff on imported steel are accusing American steel manufacturers of spreading inaccurate and misleading information, and they fear it may torpedo their requests. Robert Miller, president and CEO of NLMK USA, said objections raised by U.S. Steel and Nucor to his bid for a waiver …

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