National & International News Archives - Page 6 of 561

Jul 26, 2018

TRAVEL New takeoff rules seek to reduce US airline delays

Aviation industry experts are finalizing rules that will enable some airliners to routinely take off in significantly lower visibility than currently permitted at most U.S. airports.

Jul 25, 2018

FOOD Gimme a break? Nestle suffers another blow in KitKat trademark case

The European Court of Justice dismissed an attempt by Nestle to overturn a ruling that it had not done enough to prove the chocolate bar's shape deserved legal protection.

Jul 24, 2018

Kooi appointed VP-GM integrated interiors at dancker

Somerville-based interior solutions firm dancker has named Nathan Kooi vice president and general manager of integrated interior solutions, following the company’s expansion into the Baltimore-Washington market with the acquisition of U.S. Business Interiors.

Jul 23, 2018

MA Blackstone wins EU approval to buy Thomson Reuters unit

U.S. private equity firm Blackstone Group has secured EU antitrust approval to acquire a majority stake in Thomson Reuters’ Financial and Risk unit, the European Commission said on Monday.

Jul 20, 2018

PHARMA Merck pledges to cut prices for seven drugs

Merck said it's cutting the price of Zepatier, a drug that treats hepatitis C, by 60 percent and reducing the price of six other medications by 10 percent each.

Jul 19, 2018

FED Trump slams interest rate hikes, ignoring hands-off tradition

The Federal Reserve got a rare piece of advice from the president Thursday. The central bank is an independent agency and usually the commander in chief doesn't comment directly on Fed policy.

Jul 18, 2018

TRADE Auto industry pushes White House to back off tariffs

Auto makers, parts suppliers and dealers are joining forces to push back against the Trump administration’s proposal to apply tariffs of up to 25% on vehicles and components imported into the U.S., contending the administration’s trade policy will backfire and lead to higher prices and lost jobs.

Jul 18, 2018

TECH EU hits Google with 5 billion fine for pushing apps on Android users

The European Commission has fined Google $5 billion for violating the European Union's antitrust rules — specifically, by forcing manufacturers of Android phones to install the Google search app and the Chrome Web browser.

Jul 17, 2018

MANUFACTURING Boeing lifts industry demand forecast as air show deals roll on

Boeing raised its rolling 20-year industry forecast for passenger and cargo aircraft on Tuesday, as a steady flow of deals on day two of the Farnborough Airshow underscored the industry’s resilience to rising global trade tensions

Jul 17, 2018

TRADE In face of protectionism, EU and Japan sign huge open-trade deal

Japan and the European Union have signed a massive trade deal that creates an open trade zone for more than 600 million people. The EU and Japan account for approximately one-third of GDP worldwide.

Jul 16, 2018

WEALTH Bezos becomes the richest man in modern history

The Amazon.com Inc. founder’s net worth broke $150 billion in New York on Monday morning, according to the Bloomberg Billionaires Index. That’s about $55 billion more than Microsoft Corp. co-founder Bill Gates, the world’s second-richest person.

Jul 16, 2018

FOOD Startup producing cell-grown meat raises new funding

German drugmaker Merck KGaA and a top European meat processor are backing a startup producing beef from cattle cells, ramping up a race to transform the global meat industry with cell-culture technology.