Senators demand emergency session over looming 37 percent health benefit hike for NJ public workers
New Jersey Senate Republicans are demanding an emergency legislative session to address a proposed 37% spike in public employee health premiums, warning of widespread consequences for taxpayers, municipalities, and school budgets if…
KFC-parent Yum Brands sales boosted by demand for tacos, fried chicken
By Praveen Paramasivam – KFC-parent Yum Brands Inc reported quarterly comparable sales that beat estimates on Wednesday, driven by strong online demand for its tacos and fried chicken as well as new…
Republican Leaders Demand Investigation Into Capitol Police ‘Surveilling’ Lawmakers
Republican leaders in Congress demanded an investigation into allegations that lawmakers and their constituents are under surveillance by Capitol Police. Republican Arizona Rep. Andy Biggs and 33 others sent a letter to…
Strong domestic demand boosts German industrial orders in December
BERLIN -German industrial orders grew more than expected in December, data showed on Friday, with a boost from stronger domestic demand a cause for optimism for the growth outlook of Europe’s largest…
Honeywell’s revenue misses estimates on supply woes, lower mask demand
-Honeywell International Inc reported lower-than-expected quarterly sales on Thursday, hit by supply chain challenges at its aerospace segment and a fall in demand for masks. The company, whose shares fell 2.7% before…
Euro zone business growth lost more momentum in Jan as Omicron hit demand
LONDON – Euro zone economic growth lost more momentum in January as the bloc’s dominant services industry suffered from subdued demand amid tighter restrictions to contain the Omicron coronavirus variant, a survey…
Drug distributor McKesson seen getting likely boost from COVID vaccine demand
By Manojna Maddipatla – McKesson Corp is expected to report strong earnings on Wednesday as an Omicron-driven surge in demand for COVID-19 vaccines and tests is likely to insulate the drug distributor…
Nearly Two Dozen Democrats Demand Biden Keep Climate Funds In Build Back Better
Thomas Catenacci on February 1, 2022 A group of 23 House Democrats demanded that President Joe Biden push for the same amount of funds for combating climate change that he previously backed.…
Europe To Rely More On Coal As Natural Gas Demand Fades
Europe is set to rely more heavily on coal production in 2022 as liquified natural gas demand decreases due to heightened tensions with Russia, according to an International Energy Agency (IEA) report…
Rising geopolitical tension and demand send oil price outlook soaring – Reuters poll
By Kavya Guduru – Oil prices will build on a strong start to the year with geopolitical risks to supply complementing a strong demand rebound as fears over the impact of the…
India’s Ather targets 1 million electric scooters a year as demand soars
By Aditi Shah NEW DELHI – Ather Energy, India’s top electric scooter maker by revenue, is raising funds to ramp up annual production to one million scooters over the next three years…
Steelmaker POSCO’s 2021 profit jumps on strong demand
By Joyce Lee and Heekyong Yang SEOUL -South Korean steelmaker POSCO’s operating profit more than tripled to a record 9.2 trillion won ($7.62 billion), boosted by strong demand and higher prices of…
Bullion-shy investors spoil gold’s consumer demand comeback, WGC says
By Peter Hobson LONDON – Global demand for gold rose 10% last year but remained well below its level before the COVID-19 pandemic amid slack investor demand, the World Gold Council (WGC)…
STMicro to double investments to meet high chip demand
By Mathieu Rosemain PARIS -French-Italian chipmaker STMicroelectronics plans to double its investments this year to up to $3.6 billion, buoyed by high demand that drove its earnings to beat expectations in the…
Republicans want answers from TSA to why immigrants allowed to use arrest warrants to travel
Republican lawmakers have demanded the Biden administration answer questions regarding alternate forms of identification the Transportation Security Administration (TSA) says it accepts from migrants traveling throughout the country. Republican Texas Rep. Lance…
Lonza’s full-year core EBITDA up 20.7% on vaccine demand
By Ludwig Burger -Swiss drug contract manufacturer Lonza said core earnings gained 20.7% in 2021, shored up by demand for the substances it supplies for new mRNA COVID-19 vaccines. Full-year core earnings…
Business Groups Demand Congress Pass Laws To Protect Privacy, Data
The U.S. Chamber of Commerce and dozens of other business groups sent a letter to members of Congress on Thursday urging them to pass federal privacy legislation. The letter, whose signatories include…
Texas Dads Arrested For Questioning School Board Demand Charges Against Them Be Dropped Following Superintendent Suspension
Two Texas fathers who were arrested for disorderly conduct at a school board meeting are requesting that the charges against them be dropped following the suspension of the district superintendent who allegedly…
Trade Deficit Hits Record As Demand For Imports Soars
Harry Wilmerding on January 6, 2022 The U.S. trade deficit soared to a record high in November as consumer demand for goods and the easing of supply chain bottlenecks caused imports to…
Ford To Double Electric Truck Production On High Demand
Ford will nearly double its production capacity of electric F-150 Lightning trucks to meet “soaring” demand, the company announced Tuesday. The increase will allow Ford to make about 150,000 F-150 Lightnings per…
Democrats Demand Federal Probe Into Oil, Gas Industry Over ‘Life-Threatening Environmental Justice Issue’
A group of House Democrats from New York called for a federal investigation Tuesday into the role “peaker” power plants have in contributing to air pollution. The three Democrats led by Oversight…
Global Oil Supply Set To Surpass Demand Despite Omicron As US Producers Boost Output
Global crude oil production is forecasted to outpace demand beginning in December and into 2022, a key monthly industry report said. The oil supply is expected to receive a boost from producers…
Over 100 Groups Demand Biden Admin Evacuate Tens Of Thousands Of Afghan Allies
More than 100 non-governmental groups demanded that the Biden administration evacuate tens of thousands of Afghan allies still stranded in the country, according to a letter posted by Iraq and Afghanistan Veterans…
Developing Nations Demand More Than $1 Trillion Per Year From West To Combat Climate Change
Developing nations have made requests from wealthier nations to fund climate initiatives far exceeding previous commitments ahead of the upcoming United Nations conference. A coalition of African countries recently asked the developed…
‘Higher Bills For American Families’: House Republicans Demand Answers From Biden Administration On Energy Crisis
Republicans on the House Energy and Commerce Committee urged the Biden administration to lay out its plans for tackling the looming energy crisis. The representatives noted that the federal government was responsible…
Loudoun County Parents Demand Superintendent Resign Over Allegations Of Sexual Assault Cover Up
Loudoun County parents used the public comment portion of Tuesday’s school board meeting to call for the resignation of the district’s superintendent over a sexual assault cover-up. Angry parents demanded Superintendent Scott…
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