American consumers are approaching this year’s Black Friday in the face of a supply chain crisis rightly described as "unprecedented."
As someone who has worked at the nexus of national security and supply chains for years for companies like...
Telecom Italia SpA Chief Executive Officer Luigi Gubitosi resigned on Friday, less than a week after private equity firm KKR & Co. made a preliminary 10.8 billion-euro ($12.2 billion) bid for the former Italian phone monopoly.
The company’s directors,...
Apple and Google have been fined €10 million apiece by Italy’s competition and market authority (AGCM) which has found they did not provide their users with clear enough information on commercial uses of their data — in violation of the country’s consumer...
The U.S. Federal Reserve runs the risk of running behind the curve on interest rates, a former governor of the Reserve Bank of New Zealand told CNBC on Friday.
“Inflation is pushing up quite high, labor markets are tight...
US mobile carriers are trying to reduce 5G aviation fears by offering to temporarily reduce base station power across the country, with output very tightly limited near airports. They propose to do this for six months, to allow time for the Federal...
Federal Reserve officials at their meeting earlier this month expressed concern about inflation and said they would be willing to raise interest rates if prices keep rising.
The committee that sets interest rates for the Fed on Wednesday released...
GUANGZHOU, China — Shares of SoftBank extended their losses on Friday after Bloomberg reported that Chinese regulators have asked Didi’s executives to formulate a plan to delist from the U.S.
SoftBank shares in Japan were down 4.77% at the...
The White House is pulling out various stops in an effort to get gas prices under control at the start of what is expected to be a busy holiday travel season.
The administration is tapping into the Strategic Petroleum...
Initial weekly jobless claims dropped to 199,000 last week, hitting the lowest level since 1969 and roundly beating economists' expectations of 260,000.
Weekly applications for unemployment benefits have been falling in recent weeks as employers hold on to their...
The onset of the Covid-19 pandemic last year prompted millions of Americans to wait in long lines for food assistance in the face of an unprecedented economic shock.
Now, approaching the second Thanksgiving since the pandemic started, food banks...
