WASHINGTON (Reuters) – U.S. producer prices increased more than expected in September amid a surge in the cost of hotel and motel accommodation, leading to the first year-on-year gain since March.FILE PHOTO: Prices are seen on bracelets in a shop in New York City, November 14, 2011. REUTERS/Mike SegarBut the report from the Labor Department […]

(Reuters) – Apple Inc on Tuesday launched its next-generation iPhone 12, with faster 5G connectivity that the Cupertino, California company hopes will spur a wave of upgrades and keep its sales booming through the end of the year.Apple CEO Tim Cook poses with the all-new iPhone 12 Pro at Apple Park in Cupertino, California, U.S. […]

The gap between the Democrats’ proposed $2.2 trillion relief package and the White House’s $1.8 trillion offer may look relatively small, in the grand scheme of things. But an agreement on the aid that many say is needed to keep the economic recovery on track seems remote despite frenzied talks in recent days. Here’s a […]

A former manager of a tyre business has been awarded nearly $145,000 in lost wages and for hurt and humiliation after he was let get go and quickly replaced during a “restructuring process”. Bruce Campbell worked for Value Tyres Limited (VTL) as a marketing manager in Christchurch from June 2016 until his position was disestablished […]

Boyds has been a fixture in Center City Philadelphia for more than eight decades. But the pandemic prompted the upscale retailer to finally make the jump to the suburbs. The retailer last week opened a sizable pop-up — an 8,500-square-foot store in a former Urban Outfitters location in Suburban Square in Ardmore, Pa. The shop […]

FILE PHOTO: A Wall Street sign is pictured outside the New York Stock Exchange in the Manhattan borough of New York City, New York, U.S., October 2, 2020. REUTERS/Carlo Allegri/File Photo(Reuters) – Wall Street’s main indexes opened higher on Monday with the tech-heavy Nasdaq jumping more than 1% as optimism about a deal in Washington […]

LONDON/AMSTERDAM (Reuters) – Shareholders in Unilever Plc ULVR.L have approved the company’s plan to end its 90-year-old dual-headed structure in favour of a single London-based entity, the Anglo-Dutch consumer goods company said on Monday.Slideshow ( 2 images )The proposal passed with the support of more than 99% of shares voted. The results were released during […]

British Airways chief executive Alex Cruz is stepping down from the role with immediate effect, owner International Airlines Group (IAG) said. IAG boss Luis Gallego said the shake-up came as the company navigated “the worst crisis faced in our industry” – which has seen demand crushed by the coronavirus crisis and thousands of jobs axed. […]

White House economic adviser Larry Kudlow said on CNN's "State of the Union" Sunday that President Trump may propose a coronavirus stimulus package with an even larger price tag than the $2.2 trillion legislation that House Speaker Nancy Pelosi has offered. Why it matters: It's highly unlikely that a bill in the neighborhood of $2 […]

Trump standing on the Truman Balcony after returning to the White House from Walter Reed Medical Center on Oct. 5. Photo: Win McNamee/Getty Images President Trump will hold a rally from the White House on Saturday followed by a campaign event in Sanford, Florida, on Monday, the president tweeted on Friday and White House officials […]