Business

WASHINGTON (Reuters) — Two U.S. senators have introduced bipartisan legislation that seeks to make it harder for Amazon.com and other tech giants to make acquisitions. The office of Sen. Amy Klobuchar, a Democrat who chairs the Senate Judiciary Committee’s antitrust panel, said on Friday that…

(Reuters) — Dubai plans to merge the departments of economy and tourism and hopes to attract 25 million tourists in 2025, Sheikh Hamdan bin Mohamed Bin Rashid Al Maktoum, Dubai’s Crown Prince, said on Twitter on Saturday. Sheikh Hamdan added that Helal Al Marri will be appointed as a general …

NEW YORK (Reuters) — The Fed’s well-telegraphed taper announcement has done little to soothe the nerves of some investors, who remain on edge about stubbornly persistent inflation and are looking to trim risk as they prepare for rockier times. The Federal Reserve on Wednesday said it will beg…

(NMC) —  Nam Dae Moon Restaurant is the latest company to sign on as a Northern Marianas College ProaPerks Partner, joining many other businesses and organizations. All card-carrying members of the NMC ProaPerks program can now receive a 5% discount on food and beverage in addition to the 20% local…

WASHINGTON (Reuters) —  A measure of U.S. services industry activity surged to a record high in October likely as declining Covid-19 cases boosted demand, but businesses remained burdened by snarled supply chains and the resulting exorbitant prices. The significantly improved public health picture …

WASHINGTON (Reuters) — The Federal Reserve on Wednesday is expected to detail plans to end its pandemic-era bond purchases by mid-2022 as policymakers shift their focus towards what, if anything, to do about a surge in inflation that is lasting longer than anticipated. U.S. central bankers, in the …

(Reuters) — Deere & Co. workers were set to continue their three-week-old strike after they voted to reject a second contract reached between the U.S. tractor maker and the United Auto Workers union that bumped up wages and bonuses, UAW said on Tuesday. The strike will continue and 55% of the w…

SINGAPORE (Reuters) — Ether, the world’s second-largest cryptocurrency, hit an all-time high on Wednesday, catching up with bitcoin’s rally and riding on news of wider blockchain adoption. The ether token, which underpins the ethereum blockchain network, rose to as high as $4,643 in Asi…

(Reuters) — Pfizer Inc on Tuesday said it expected this year to sell $36 billion of the Covid-19 vaccine it developed with German partner BioNTech and forecast another $29 billion in sales in 2022, topping analyst estimates for both years. The drugmaker said it is seeking to sign more deals with co…

NEW YORK (Reuters) — Wall Street banks are intensifying preparations for the Federal Reserve’s withdrawal of pandemic stimulus to ensure they are able to handle spikes in market volatility, help clients manage their risks — and score a profit. With the Fed expected to formally announce …