Those hoping that interest rates might come down sooner rather than later are likely to be disappointed, according to the CEO of Bank of America, who predicts the figure won’t begin to dip for at least another 12 months. Rates…
The Biden administration is preparing to relax COVID-19 testing restrictions for travelers from China as soon as Friday, according to two people familiar with the decision. The people, who were not authorized to comment publicly and spoke on the condition of anonymity,…
Oklahoma voters on Tuesday rejected the legalization of recreational marijuana, following a late blitz of opposition from faith leaders, law enforcement and prosecutors. Oklahoma would have become the 22nd state to legalize adult use of cannabis and join conservative states…
US-based TriMas has acquired Aarts Packaging, a Netherlands-based provider of luxury packaging solutions for beauty and lifestyle brands, as well as for customers in the food and life sciences end markets. Specialising in high-volume automated injection moulding for beauty and…
Vertebrates can no longer be used in tests conducted for the development and quality control of fragrances, cosmetic and personal care products in Brazil. The ban, which has been debated for several years in the federal parliament, was eventually enforced…
Sundar Pichai is facing what may likely be Google’s biggest competitive challenge in the 25 years since it was founded. His company’s dominance in ad-rich search engine queries is under acute threat by Microsoft’s A.I.-enabled Bing just as heavy investments…
The pandemic has given life to a new generation of workers who have “no intention” of working in an office, says Kevin O’Leary, billionaire investor and Shark Tank star. “They never have, they never will. People keep saying, ‘Oh, they’re…
Since taking over Twitter, Elon Musk has laid off hundreds of employees as he desperately tries to cut costs. On Monday evening, one such employee, Haraldur Thorleifsson, a prominent designer at the company, took to Twitter to complain that the…
The U.S. housing market’s move from boom mode to correction mode was so abrupt last year that economists at Zillow repeatedly saw themselves issuing sharp downward revisions for their 12-month home price outlook. In March, Zillow had been expecting home…
What’s better than one passport? Twoooo passports (read to the tune of the viral TikTok video). As remote work opened up the doors for workcations and alternative lifestyles, location mobility has become all the rage for people looking to get…