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International

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U.S. announces waiver of Covid patents; pharmaceutical stocks tumble

WASHINGTON D.C.: Shares of Covid vaccine manufacturers fell following statements from the White House that they support waiving patent rights ...

U.S. economic downturn translates to lowest birth rate in 40 years

WASHINGTON DC - Amidst the radical turndown in the American economy during the Covid lockdown, birth rates in the United ...

WHO says "low confidence" in Sinopharm Covid side-effects data

GENEVA, Switzerland: World Health Organization experts have said they have "very low confidence" in data received from Chinese state-owned drugmaker ...

White House seeks subsidies for nuclear power in bid for clean energy

WASHINGTON D.C.: The White House is talking with lawmakers to offer subsidies to the nation's nuclear power plants, in a ...

Fear of Covid variants calls off Oktoberfest for 2nd year

MUNICH, Germany: Authorities in Germany have called off Oktoberfest for the second straight year, saying the festival, which attracts nearly ...

Police recognize wanted Mafia fugitive on YouTube from tattoos

SANTO DOMINGO, Dominican Republic: Italian detectives have arrested a member of the Italian mafia after seeing him on YouTube in ...

Business

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Demand seen pushing factory orders to 1.1% in March

WASHINGTON D.C.: After sliding 0.5 percent in February, new factory orders for US-made goods rebounded 1.1 percent in March, as ...

Airlines, biofuel industries discuss low-cost biofuels with U.S. House

WASHINGTON D.C.: As part of a larger drive by lawmakers to advance climate and energy legislation, members of a U.S. ...

China reports 230 million tourist trips over May Day holiday

BEIJING, China: China set a new tourism record, as the Chinese made some 230 million trips over the extended May ...

U.S. industrial stocks set new records, U.S. dollar gets smashed

NEW YORK, New York - It was like Groundhog Day as stocks forged to new highs on Wall Street on ...

Officials say US supply chain will correct self, raise factory output

WASHINGTON D.C.: Production in the United States clocked slower growth last month, as supply scarcities posed restraints and extensive fiscal ...

Slowdown seen in office construction as work from home continues

Indicating that the working from home trend is here to stay, U.S. businesses have stepped up their spending on technology ...