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COVID-19 vaccine booster shots and treatments for the virus helped push Pfizer to a better-than-expected final quarter of 2022. The drugmaker also debuted on Tuesday a 2023 forecast that starts off … more
Adult Happy Meals and other limited-time promotions boosted traffic at McDonald’s restaurants during the fourth quarter despite higher prices. The company said Tuesday that global same-store sales … more
Exxon Mobil posted record annual profits for 2022, as Americans struggled with high prices for gasoline, home heating and consumer goods. The oil giant brought in $8.76 billion in profits in the … more
China’s government has accused Washington of pursuing “technology hegemony” following news reports the United States might raise pressure on tech giant Huawei by blocking all access to American … more
China’s foreign minister has appealed to his Dutch counterpart to defend free trade after the Netherlands and Japan agreed to cooperate with U.S. restrictions on Chinese access to advanced … more
Rising factory output led to strong U.S. sales at the end of last year, pushing General Motors’ fourth-quarter net income up 16% over the same period a year ago. The Detroit automaker said Tuesday … more
Asia’s richest man, Gautam Adani, has seen his companies shed $68 billion in market value in the past week after short-selling firm Hindenburg Research accused him of “pulling the largest con in … more
Azerbaijan is appealing to the United Nations’ highest court to urgently order Armenia to stop the laying of land mines and booby traps on Azerbaijani territory and disclose the location of such … more
Experts are warning that Nigeria's push to replace its paper money with newly designed currency notes has created a shortage of cash. They say people can't buy what they need and businesses have … more
President Joe Biden is traveling to New York City to showcase a $292 million mega grant that will be used to help build a rail tunnel beneath the Hudson River. The mega grant is part of a broader … more
Europe’s economy has scraped out meager gains at the end of last year as galloping inflation fed by high energy prices and Russia’s invasion of Ukraine deterred people from spending in shops and … more
French labor leaders hope to bring more than 1 million demonstrators into the streets again in the latest clash of wills with the government over plans to push back France’s retirement age. For … more
Boeing bids farewell to an icon on Tuesday: It's delivering its final 747 jumbo jet. Since it debuted in 1969, the 747 has served as a cargo plane, a commercial aircraft capable of carrying nearly … more
Samsung Electronics says its profit for the last quarter plummeted nearly 70% as a weak global economy depressed demands for its consumer electronics products and computer memory chips. The South … more
The outlook for the global economy is growing slightly brighter as China eases its zero-COVID policies and the world shows surprising resilience in the face of high inflation, elevated interest rates … more
Ira “Bob” Born, a candy company executive known as the “Father of Peeps” for mechanizing the process to make the marshmallow chicks, has died. He was 98. Born's father, Sam Born, was a … more
Long-haul carrier Emirates has successfully flown a Boeing 777 on a test flight with one of its two engines entirely powered by so-called sustainable fuel. The flight on Monday comes as carriers … more
The future of the nation's nearly $900 billion trucking industry could be shaped in California. State regulators are seeking information to write new rules for the testing and use of self-driving … more
The Biden administration is estimating that it could collect as much as $4.7 billion from insurance companies with newer and tougher penalties for submitting improper charges on the taxpayers’ tab … more
The Minnesota Court of Appeals has upheld the state’s “Clean Car Rule,” which ties the state’s vehicle emission standards to California regulations. A three-judge panel Monday rejected the … more
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