US arms sales jump by 50% in 2022 amid security concerns over war in Ukraine, China aggression
Security concerns from the war in Ukraine to China's aggression in the Far East has prompted U.S. arms sales to surge by nearly 50 percent during the 2022 fiscal year.
25 states hit Biden admin with lawsuit over climate action targeting Americans' retirement savings
Two dozen states, led by Utah, sued the Biden administration on Thursday over a rule allowing fiduciaries to factor environmental and social issues into investment decisions.
US Treasury announces additional sanctions on Russia's Wagner Group
The U.S. Treasury Department expanded sanctions on Russia's Wagner Group and announced new sanctions for entities supporting the military complex.
Janet Yellen prioritizes South Africa's green energy transition during visit
U.S. Treasury Secretary Janet Yellen, during her 10-day visit, brought attention to South Africa's shift to using green energy sources Thursday.
UN chops global economic growth forecast to 1.9% in 2023
The United Nations has joined several major global organizations in cutting the outlook for global economic growth in 2023.
Juul in deal talks with three tobacco giants
Juul is looking for a new backer as FDA order banning its vaporette remains in limbo pending trial. Talks have included Philip Morris, Japan Tobacco Group, and Altria.
Maersk and MSC to end 2M global shipping alliance
Maersk and MSC will end 2M Shipping alliance in 2025; comes as supply chain issues caused by the coronavirus pandemic have alleviated and global demand for trade has fallen.
Germany sees its economy growing this year despite the Ukraine War
German economy will avoid recession if trends continue. Germany's manufacturing base relied heavily on Russian natural gas that stopped flowing when Russia invaded Ukraine.
US, Europe tussle over frenzy of clean-energy subsidies
The U.S. incentives, included in last year’s Inflation Reduction Act, have spurred companies to rethink where to spend billions of investment dollars.
Microsoft stock en route to worst daily drop in weeks
Microsoft shares are down Wednesday despite an earnings report that showed a 2% spike in quarterly revenue.
Virginia Giuffre gets book deal weeks before Prince Andrew sexual abuse settlement's gag order to lift: report
Virginia Giuffre reportedly secured a book deal with a publisher for a manuscript detailing alleged sexual abuse she suffered from Jeffrey Epstein, Ghislaine Maxwell and Prince Andrew.
Peter Schiff: Inflation will be higher by year's end; US debt tops economic hurdles
Outspoken economist Peter Schiff of Euro Pacific Capital shares his warnings with FOX Business on the debt ceiling and addresses why inflation is not really easing.
Twitter facing legal action from Crown Estate in connection to rent
Twitter is facing legal action from the Crown Estate in the U.K. in connection to rent the social media company allegedly owes for its London office.
Tyson CFO pleads guilty to public intoxication and criminal trespass
Tyson Foods CFO, John R. Tyson has agreed to pay fines related to a late 2022 arrest involving two charges, public intoxication and criminal trespass
Paris rushing to finish 2024 Olympics construction work
The Porte de la Chapelle Arena in construction for the Paris2024 Olympic games has been delayed by supply chain distortion caused by Russia's invasion of Ukraine.
Johnson & Johnson fourth-quarter earnings down 25%
The company continues to see pressure on sales from staffing shortages at hospitals, which have limited growth in procedures using J&J products, while inflation has boosted expenses.
Yellen’s South Africa visit: ‘Not especially warm welcome’
Treasury Secretary Janet Yellen steps into a superpower trade and political battleground over Africa with Russia and China, as her tour of the continent takes her to South Africa on Tuesday.
Binance moved $346M for seized crypto exchange Bitzlato, data shows
Binance, the world's largest crypto exchange, was among Bitzlato's top three counterparties by the amount of bitcoin received between May 2018 and September 2022, the FinCEN said.
3M cutting thousands of jobs, profits tumble
3M, the maker of Scotch Tape and Post It Notes, will reduce 2,500 jobs at locations around the world due to macroeconomic uncertainty.
Yellen rejects minting $1T platinum coin to avoid US debt ceiling as a 'gimmick'
Treasury Secretary Janet Yellen dismissed the idea of minting a $1 trillion platinum coin to raise the debt limit without Congress as a "gimmick" that the Fed may not agree with.



















